Discounted Cash Flow (DCF) Analysis Levered
Enertime SA (ALENE.PA)
0.998 €
+0.00 (+0.20%)
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 | 2.72 | 1.86 | 2.53 | 2.17 | 2 | 1.92 | 1.83 | 1.75 | 1.67 | 1.60 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -0.44 | -0.76 | -1.99 | -2.38 | -1.23 | -1.17 | -1.12 | -1.07 | -1.02 | -0.98 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.01 | -0.09 | -0.03 | -0.04 | -0.04 | -0.04 | -0.04 | -0.04 | -0.04 | -0.03 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -0.45 | -0.85 | -2.03 | -2.42 | -1.27 | -1.21 | -1.16 | -1.11 | -1.06 | -1.01 |
Weighted Average Cost Of Capital
| Share price | $ 0.998 |
|---|---|
| Beta | 2.708 |
| Diluted Shares Outstanding | - |
| Cost of Debt | |
| Tax Rate | 5.30 |
| After-tax Cost of Debt | 6.47% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 17.497 |
| Total Debt | 2.27 |
| Total Equity | - |
| Total Capital | 2.27 |
| Debt Weighting | 100.00 |
| Equity Weighting | 0.00 |
| 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 | 2.72 | 1.86 | 2.53 | 2.17 | 2 | 1.92 | 1.83 | 1.75 | 1.67 | 1.60 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -0.44 | -0.76 | -1.99 | -2.38 | -1.23 | -1.17 | -1.12 | -1.07 | -1.02 | -0.98 |
| Capital Expenditure | -0.01 | -0.09 | -0.03 | -0.04 | -0.04 | -0.04 | -0.04 | -0.04 | -0.04 | -0.03 |
| Free Cash Flow | -0.45 | -0.85 | -2.03 | -2.42 | -1.27 | -1.21 | -1.16 | -1.11 | -1.06 | -1.01 |
| WACC | ||||||||||
| PV LFCF | -1.14 | -1.02 | -0.92 | -0.83 | -0.74 | |||||
| SUM PV LFCF | -4.65 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 6.47 |
| Free cash flow (t + 1) | -1.03 |
| Terminal Value | -23.14 |
| Present Value of Terminal Value | -16.91 |
Intrinsic Value
| Enterprise Value | -21.56 |
|---|---|
| Net Debt | -0.29 |
| Equity Value | -21.27 |
| Shares Outstanding | - |
| Equity Value Per Share | -Infinity |