Discounted Cash Flow (DCF) Analysis Levered
Enogia SAS (ALENO.PA)
4.34 €
-0.04 (-0.91%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 2.54 | 1.94 | 2.94 | 3.35 | 3.82 | 4.35 | 4.95 | 5.64 |
|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||
| Operating Cash Flow | -0.38 | -1.35 | -2.88 | -2.03 | -2.32 | -2.64 | -3.01 | -3.42 |
| Operating Cash Flow (%) | ||||||||
| Capital Expenditure | -1.24 | -0.85 | -1.48 | -1.60 | -1.82 | -2.07 | -2.36 | -2.69 |
| Capital Expenditure (%) | ||||||||
| Free Cash Flow | -1.62 | -2.20 | -4.36 | -3.63 | -4.14 | -4.71 | -5.37 | -6.12 |
Weighted Average Cost Of Capital
| Share price | $ 4.34 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 3.86 |
| Cost of Debt | |
| Tax Rate | 16.67 |
| After-tax Cost of Debt | 7.42% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.518 |
| Total Debt | 3.84 |
| Total Equity | 16.75 |
| Total Capital | 20.59 |
| Debt Weighting | 18.66 |
| Equity Weighting | 81.34 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 2.54 | 1.94 | 2.94 | 3.35 | 3.82 | 4.35 | 4.95 | 5.64 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -0.38 | -1.35 | -2.88 | -2.03 | -2.32 | -2.64 | -3.01 | -3.42 |
| Capital Expenditure | -1.24 | -0.85 | -1.48 | -1.60 | -1.82 | -2.07 | -2.36 | -2.69 |
| Free Cash Flow | -1.62 | -2.20 | -4.36 | -3.63 | -4.14 | -4.71 | -5.37 | -6.12 |
| WACC | ||||||||
| PV LFCF | -3.79 | -4.14 | -4.52 | -4.94 | -5.40 | |||
| SUM PV LFCF | -20.96 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 4.25 |
| Free cash flow (t + 1) | -6.24 |
| Terminal Value | -277.28 |
| Present Value of Terminal Value | -225.18 |
Intrinsic Value
| Enterprise Value | -246.15 |
|---|---|
| Net Debt | -2.57 |
| Equity Value | -243.58 |
| Shares Outstanding | 3.86 |
| Equity Value Per Share | -63.12 |