Discounted Cash Flow (DCF) Analysis Levered
Delfingen Industry S.A. (ALDEL.PA)
51 €
-0.60 (-1.16%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 214.03 | 230.47 | 241.89 | 362.99 | 8.27 | 7.54 | 6.88 | 6.28 | 5.73 | 5.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 10.19 | 23.86 | 14.46 | 26.48 | 6.11 | 1.54 | 1.41 | 1.28 | 1.17 | 1.07 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -8.68 | -11.20 | -10.86 | -14.38 | -18.44 | -3.63 | -3.31 | -3.02 | -2.76 | -2.51 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 1.52 | 12.66 | 3.60 | 12.10 | -12.34 | -2.09 | -1.90 | -1.74 | -1.58 | -1.45 |
Weighted Average Cost Of Capital
| Share price | $ 51 |
|---|---|
| Beta | 1.366 |
| Diluted Shares Outstanding | 2.67 |
| Cost of Debt | |
| Tax Rate | -17.24 |
| After-tax Cost of Debt | 1.26% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 11.005 |
| Total Debt | 143.08 |
| Total Equity | 135.97 |
| Total Capital | 279.05 |
| Debt Weighting | 51.27 |
| Equity Weighting | 48.73 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 214.03 | 230.47 | 241.89 | 362.99 | 8.27 | 7.54 | 6.88 | 6.28 | 5.73 | 5.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 10.19 | 23.86 | 14.46 | 26.48 | 6.11 | 1.54 | 1.41 | 1.28 | 1.17 | 1.07 |
| Capital Expenditure | -8.68 | -11.20 | -10.86 | -14.38 | -18.44 | -3.63 | -3.31 | -3.02 | -2.76 | -2.51 |
| Free Cash Flow | 1.52 | 12.66 | 3.60 | 12.10 | -12.34 | -2.09 | -1.90 | -1.74 | -1.58 | -1.45 |
| WACC | ||||||||||
| PV LFCF | -1.97 | -1.69 | -1.46 | -1.25 | -1.08 | |||||
| SUM PV LFCF | -7.45 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 6.01 |
| Free cash flow (t + 1) | -1.47 |
| Terminal Value | -36.77 |
| Present Value of Terminal Value | -27.46 |
Intrinsic Value
| Enterprise Value | -34.91 |
|---|---|
| Net Debt | 128.16 |
| Equity Value | -163.07 |
| Shares Outstanding | 2.67 |
| Equity Value Per Share | -61.16 |