Discounted Cash Flow (DCF) Analysis Levered
Gold By Gold SA (ALGLD.PA)
1.6 €
0.00 (0.00%)
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 | 10.29 | 9.83 | 10.59 | 3.14 | 6.93 | 7.86 | 8.92 | 10.11 | 11.47 | 13.02 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | -0.26 | -0.42 | 1.06 | -0.33 | 0.15 | -0.08 | -0.09 | -0.10 | -0.12 | -0.13 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -0.03 | -0.07 | -0.10 | -0.02 | -0.04 | -0.05 | -0.06 | -0.07 | -0.08 | -0.09 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -0.29 | -0.49 | 0.96 | -0.35 | 0.11 | -0.13 | -0.15 | -0.17 | -0.19 | -0.22 |
Weighted Average Cost Of Capital
Share price | $ 1.6 |
---|---|
Beta | -0.003 |
Diluted Shares Outstanding | 2.70 |
Cost of Debt | |
Tax Rate | 38.23 |
After-tax Cost of Debt | 9.58% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 3.519 |
Total Debt | 0.25 |
Total Equity | 4.32 |
Total Capital | 4.57 |
Debt Weighting | 5.50 |
Equity Weighting | 94.50 |
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 | 10.29 | 9.83 | 10.59 | 3.14 | 6.93 | 7.86 | 8.92 | 10.11 | 11.47 | 13.02 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | -0.26 | -0.42 | 1.06 | -0.33 | 0.15 | -0.08 | -0.09 | -0.10 | -0.12 | -0.13 |
Capital Expenditure | -0.03 | -0.07 | -0.10 | -0.02 | -0.04 | -0.05 | -0.06 | -0.07 | -0.08 | -0.09 |
Free Cash Flow | -0.29 | -0.49 | 0.96 | -0.35 | 0.11 | -0.13 | -0.15 | -0.17 | -0.19 | -0.22 |
WACC | ||||||||||
PV LFCF | -0.13 | -0.14 | -0.15 | -0.17 | -0.18 | |||||
SUM PV LFCF | -0.76 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 3.85 |
Free cash flow (t + 1) | -0.22 |
Terminal Value | -12.01 |
Present Value of Terminal Value | -9.94 |
Intrinsic Value
Enterprise Value | -10.71 |
---|---|
Net Debt | -3.42 |
Equity Value | -7.28 |
Shares Outstanding | 2.70 |
Equity Value Per Share | -2.70 |