Discounted Cash Flow (DCF) Analysis Levered
Gaussin SA (ALGAU.PA)
1.71 €
-0.04 (-2.06%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 3.01 | 3.55 | 18.77 | 40.64 | 52.76 | 130.95 | 325.01 | 806.64 | 2,002.01 | 4,968.85 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -8.38 | -8.15 | -0.62 | 4.42 | -0.43 | -131.14 | -325.48 | -807.80 | -2,004.91 | -4,976.04 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -5.07 | -2.75 | -2.41 | -3.58 | -12.33 | -76.09 | -188.85 | -468.70 | -1,163.28 | -2,887.17 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -13.45 | -10.89 | -3.03 | 0.84 | -12.75 | -207.23 | -514.32 | -1,276.51 | -3,168.19 | -7,863.21 |
Weighted Average Cost Of Capital
| Share price | $ 1.71 |
|---|---|
| Beta | 1.268 |
| Diluted Shares Outstanding | 21.13 |
| Cost of Debt | |
| Tax Rate | -0.27 |
| After-tax Cost of Debt | 1.44% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.680 |
| Total Debt | 30.47 |
| Total Equity | 36.14 |
| Total Capital | 66.61 |
| Debt Weighting | 45.75 |
| Equity Weighting | 54.25 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 3.01 | 3.55 | 18.77 | 40.64 | 52.76 | 130.95 | 325.01 | 806.64 | 2,002.01 | 4,968.85 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -8.38 | -8.15 | -0.62 | 4.42 | -0.43 | -131.14 | -325.48 | -807.80 | -2,004.91 | -4,976.04 |
| Capital Expenditure | -5.07 | -2.75 | -2.41 | -3.58 | -12.33 | -76.09 | -188.85 | -468.70 | -1,163.28 | -2,887.17 |
| Free Cash Flow | -13.45 | -10.89 | -3.03 | 0.84 | -12.75 | -207.23 | -514.32 | -1,276.51 | -3,168.19 | -7,863.21 |
| WACC | ||||||||||
| PV LFCF | -195.66 | -458.52 | -1,074.51 | -2,518.04 | -5,900.85 | |||||
| SUM PV LFCF | -10,147.60 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 5.91 |
| Free cash flow (t + 1) | -8,020.47 |
| Terminal Value | -205,127.14 |
| Present Value of Terminal Value | -153,935.32 |
Intrinsic Value
| Enterprise Value | -164,082.92 |
|---|---|
| Net Debt | 16 |
| Equity Value | -164,098.92 |
| Shares Outstanding | 21.13 |
| Equity Value Per Share | -7,765.08 |