NIP Group Inc.

NIPG

Communication ServicesEntertainmentNASDAQ

$0.61

Market Cap: $17.28M

NIP Group Inc. (NIPG) Valuation Summary

Updated May 11, 2026 09:10

Model	Range	Fair Value	Upside
▸ Discounted Cash Flow
Revenue DCF 5Y	—	N/A	—
Revenue DCF 10Y	$1.41 – $447.95	$17.48	+2763.2%
▸ Trading Multiples
EV/Revenue	$0.52 – $3.80	$1.04	+69.7%

Valuation History

DCF Analysis

NIP Group Inc. (NIPG) Revenue DCF (5Y)

REVENUE DCF FAIR VALUE

$17.48

Market Price

$0.61

Upside / Downside

+2763.2%

Verdict

Undervalued

Using a Revenue DCF model with operating margin convergence from -46.5% to a target of 10.4% over 5 years, discounted at a WACC of 5.4%, NIP Group Inc. (NIPG) has an intrinsic value of $17.48 per share (range: $1.41 – $447.95).

Key Assumptions

Current Operating Margin

-46.5%

Target Operating Margin

10.4%

WACC

5.4%

Terminal Growth Rate

3.0%

Historical CapEx/Rev

9.6%

Target CapEx/Rev

13.0%

D&A/Revenue

8.6%

Tax Rate

21.0%

Operating margin fades linearly from the current level to the industry target over the 5-year projection. CapEx intensity fades from the historical average to a maintenance level (D&A × 1.5). Tax is only applied when operating income is positive (NOL shield).

Margin Convergence Projection

USD in millions. Mid-year discounting convention.

Year	Revenue	Growth	Op Margin	Op Income	NOPAT	D&A	CapEx	ΔNWC	FCFF	PV(FCFF)
2026	299	136.3%	-35.1%	-105	-105	26	(30)	28	-137	-133
2027	158	-47.2%	-23.7%	-37	-37	14	(16)	-15	-25	-23
2028	205	30.0%	-12.3%	-25	-25	18	(22)	5	-35	-30
2029	267	30.0%	-1.0%	-3	-3	23	(29)	7	-15	-13
2030	347	30.0%	10.4%	36	29	30	(39)	9	11	8
2031	451	30.0%	10.4%	47	37	39	(52)	11	12	9
2032	563	24.9%	10.4%	59	46	49	(67)	12	16	11
2033	673	19.4%	10.4%	70	55	58	(83)	12	19	13
2034	766	13.9%	10.4%	80	63	66	(97)	10	22	14
2035	831	8.5%	10.4%	87	68	72	(108)	7	25	15

Enterprise Value Bridge

Sum of PV(FCFF)-128

Terminal Value (Gordon Growth at 3.0%)1,100

PV of Terminal Value669

Enterprise Value541

(–) Net Debt46

Equity Value495

(÷) Shares Outstanding28

Fair Value per Share$17.48

Sensitivity Analysis — WACC × Target Operating Margin

WACC \ Target Op. Margin	4.4%	7.4%	10.4%	13.4%	16.4%
3.4%	$-12	$31	$170	$309	$448
4.4%	$-11	$1	$39	$76	$113
5.4%	$-11	$-3	$17	$38	$59
6.4%	$-11	$-5	$9	$23	$37
7.4%	$-11	$-6	$4	$15	$25

Current price: $0.61. Green = undervalued, Red = overvalued.

Working Capital Assumption

Net Working Capital is modeled at 10.9% of revenue (historical average of receivables + inventory − payables). Changes in NWC (ΔNWC) are computed year-over-year and subtracted from free cash flow.

Trading Multiples

Fair Value

$1.04

Market Price

$0.61

Upside / Downside

+69.7%

Verdict

Undervalued

Using the industry peer median EV/Revenue multiple (trailing + forward), NIP Group Inc. (NIPG) has a fair value of $1.04 based on 7 comparable companies in the Entertainment industry.

EV/Revenue Valuation — Entertainment

USD in millions except Fair Price. Subject company highlighted.

	Mkt Cap ($M)	Trailing EV/Revenue	Forward EV/Revenue
NIP Group Inc.NIPG	17	0.5x	0.7x
Reservoir Media, Inc.RSVR	668	6.6x	8.6x
KORE Group Holdings, Inc.KORE	161	0.5x	0.5x
LiveOne, Inc.LVO	55	0.5x	0.4x
Cineverse Corp.CNVS	55	0.5x	0.9x
Fluent, Inc.FLNT	54	0.4x	0.4x
Reading International, Inc.RDI	38	1.2x	1.1x
Kartoon Studios Inc.TOON	29	1.1x	5.1x
Industry Median		0.5x	0.9x
(*) Revenue		127	92
= Enterprise Value		67	84
(-) Net Debt		46	46
Equity Value		21	38
(/) Outstanding shares		28	28
Fair Price		$1	$1

Selected Fair Value (avg of trailing + forward)

$1.04

+69.7%

Disclaimer: Sweet Value Lab provides estimated intrinsic values for informational purposes only. This is not financial advice. All models rely on assumptions that may not reflect future performance. Always do your own research before making investment decisions.

Model

Range

Fair Value

Upside

▸ Discounted Cash Flow

Revenue DCF 5Y

—

N/A

—

Revenue DCF 10Y

$1.41 – $447.95

$17.48

+2763.2%

▸ Trading Multiples

EV/Revenue

$0.52 – $3.80

$1.04

+69.7%

DCF Analysis

NIP Group Inc. (NIPG) Revenue DCF (5Y)

REVENUE DCF FAIR VALUE

$17.48

Market Price

$0.61

Upside / Downside

+2763.2%

Verdict

Undervalued

Key Assumptions

Current Operating Margin

-46.5%

Target Operating Margin

10.4%

WACC

5.4%

Terminal Growth Rate

3.0%

Historical CapEx/Rev

9.6%

Target CapEx/Rev

13.0%

D&A/Revenue

8.6%

Tax Rate

21.0%

Margin Convergence Projection

USD in millions. Mid-year discounting convention.

Year	Revenue	Growth	Op Margin	Op Income	NOPAT	D&A	CapEx	ΔNWC	FCFF	PV(FCFF)
2026	299	136.3%	-35.1%	-105	-105	26	(30)	28	-137	-133
2027	158	-47.2%	-23.7%	-37	-37	14	(16)	-15	-25	-23
2028	205	30.0%	-12.3%	-25	-25	18	(22)	5	-35	-30
2029	267	30.0%	-1.0%	-3	-3	23	(29)	7	-15	-13
2030	347	30.0%	10.4%	36	29	30	(39)	9	11	8
2031	451	30.0%	10.4%	47	37	39	(52)	11	12	9
2032	563	24.9%	10.4%	59	46	49	(67)	12	16	11
2033	673	19.4%	10.4%	70	55	58	(83)	12	19	13
2034	766	13.9%	10.4%	80	63	66	(97)	10	22	14
2035	831	8.5%	10.4%	87	68	72	(108)	7	25	15

Enterprise Value Bridge

Sum of PV(FCFF)-128

Terminal Value (Gordon Growth at 3.0%)1,100

PV of Terminal Value669

Enterprise Value541

(–) Net Debt46

Equity Value495

(÷) Shares Outstanding28

Fair Value per Share$17.48

Sensitivity Analysis — WACC × Target Operating Margin

WACC \ Target Op. Margin	4.4%	7.4%	10.4%	13.4%	16.4%
3.4%	$-12	$31	$170	$309	$448
4.4%	$-11	$1	$39	$76	$113
5.4%	$-11	$-3	$17	$38	$59
6.4%	$-11	$-5	$9	$23	$37
7.4%	$-11	$-6	$4	$15	$25

Current price: $0.61. Green = undervalued, Red = overvalued.

Working Capital Assumption

Net Working Capital is modeled at 10.9% of revenue (historical average of receivables + inventory − payables). Changes in NWC (ΔNWC) are computed year-over-year and subtracted from free cash flow.

Trading Multiples

Fair Value

$1.04

Market Price

$0.61

Upside / Downside

+69.7%

Verdict

Undervalued

Using the industry peer median EV/Revenue multiple (trailing + forward), NIP Group Inc. (NIPG) has a fair value of $1.04 based on 7 comparable companies in the Entertainment industry.

EV/Revenue Valuation — Entertainment

USD in millions except Fair Price. Subject company highlighted.

	Mkt Cap ($M)	Trailing EV/Revenue	Forward EV/Revenue
NIP Group Inc.NIPG	17	0.5x	0.7x
Reservoir Media, Inc.RSVR	668	6.6x	8.6x
KORE Group Holdings, Inc.KORE	161	0.5x	0.5x
LiveOne, Inc.LVO	55	0.5x	0.4x
Cineverse Corp.CNVS	55	0.5x	0.9x
Fluent, Inc.FLNT	54	0.4x	0.4x
Reading International, Inc.RDI	38	1.2x	1.1x
Kartoon Studios Inc.TOON	29	1.1x	5.1x
Industry Median		0.5x	0.9x
(*) Revenue		127	92
= Enterprise Value		67	84
(-) Net Debt		46	46
Equity Value		21	38
(/) Outstanding shares		28	28
Fair Price		$1	$1

Selected Fair Value (avg of trailing + forward)

$1.04

+69.7%