Discounted Cash Flow (DCF) Analysis Levered
Gévelot SA (ALGEV.PA)
232 €
+2.00 (+0.87%)
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 | 94.22 | 103.73 | 89.53 | 101.27 | 135.39 | 150.01 | 166.21 | 184.16 | 204.05 | 226.09 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 16.65 | 4.39 | 2.43 | 5.95 | -1.89 | 8.73 | 9.67 | 10.72 | 11.87 | 13.16 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -2.14 | -4.31 | -2.43 | -12.66 | -3.11 | -7.18 | -7.96 | -8.82 | -9.77 | -10.83 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 14.51 | 0.08 | -0 | -6.72 | -5 | 1.55 | 1.71 | 1.90 | 2.10 | 2.33 |
Weighted Average Cost Of Capital
Share price | $ 232 |
---|---|
Beta | 0.485 |
Diluted Shares Outstanding | 0.77 |
Cost of Debt | |
Tax Rate | 16.37 |
After-tax Cost of Debt | 4.05% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 6.645 |
Total Debt | 6.53 |
Total Equity | 177.74 |
Total Capital | 184.28 |
Debt Weighting | 3.55 |
Equity Weighting | 96.45 |
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 | 94.22 | 103.73 | 89.53 | 101.27 | 135.39 | 150.01 | 166.21 | 184.16 | 204.05 | 226.09 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 16.65 | 4.39 | 2.43 | 5.95 | -1.89 | 8.73 | 9.67 | 10.72 | 11.87 | 13.16 |
Capital Expenditure | -2.14 | -4.31 | -2.43 | -12.66 | -3.11 | -7.18 | -7.96 | -8.82 | -9.77 | -10.83 |
Free Cash Flow | 14.51 | 0.08 | -0 | -6.72 | -5 | 1.55 | 1.71 | 1.90 | 2.10 | 2.33 |
WACC | ||||||||||
PV LFCF | 1.45 | 1.51 | 1.57 | 1.63 | 1.70 | |||||
SUM PV LFCF | 7.85 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 6.55 |
Free cash flow (t + 1) | 2.38 |
Terminal Value | 52.21 |
Present Value of Terminal Value | 38.02 |
Intrinsic Value
Enterprise Value | 45.87 |
---|---|
Net Debt | -25.02 |
Equity Value | 70.90 |
Shares Outstanding | 0.77 |
Equity Value Per Share | 92.54 |