Discounted Cash Flow (DCF) Analysis Levered
Advantage Solutions Inc. (ADV)
$2.565
-0.03 (-1.35%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2016 Actual | 2017 Projected | 2018 Projected | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 2,100.24 | - | - | - | - | - | - | - | - | - | - |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | |||||||||||
| Operating Cash Flow | 164.41 | - | - | - | - | - | - | - | - | - | - |
| Operating Cash Flow (%) | |||||||||||
| Capital Expenditure | -34.76 | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) | |||||||||||
| Free Cash Flow | 129.65 | - | - | - | - | - | - | - | - | - | - |
Weighted Average Cost Of Capital
| Share price | $ 2.565 |
|---|---|
| Beta | 1.539 |
| Diluted Shares Outstanding | 321 |
| Cost of Debt | |
| Tax Rate | 40.23 |
| After-tax Cost of Debt | 3.92% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 10.903 |
| Total Debt | 2,104.14 |
| Total Equity | 823.38 |
| Total Capital | 2,927.52 |
| Debt Weighting | 71.87 |
| Equity Weighting | 28.13 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2016 Actual | 2017 Projected | 2018 Projected | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 2,100.24 | - | - | - | - | - | - | - | - | - | - |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 164.41 | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure | -34.76 | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | 129.65 | - | - | - | - | - | - | - | - | - | - |
| WACC | |||||||||||
| PV LFCF | - | - | - | - | - | - | - | - | - | - | |
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 5.88 |
| Free cash flow (t + 1) | - |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | 1,939.52 |
| Equity Value | - |
| Shares Outstanding | 321 |
| Equity Value Per Share | - |