Discounted Cash Flow (DCF) Analysis Levered
MG International S.A. (ALMGI.PA)
5.8 €
+0.20 (+3.57%)
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 | 42.19 | 47.52 | 58.76 | 81.61 | 82.89 | 98.79 | 117.74 | 140.33 | 167.25 | 199.33 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 1.32 | 0.91 | 9.68 | 10.57 | -14.85 | 3.27 | 3.89 | 4.64 | 5.53 | 6.59 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -0.59 | -0.79 | -0.85 | -1.11 | -1.03 | -1.41 | -1.68 | -2 | -2.38 | -2.84 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 0.73 | 0.12 | 8.83 | 9.45 | -15.88 | 1.86 | 2.22 | 2.64 | 3.15 | 3.76 |
Weighted Average Cost Of Capital
Share price | $ 5.8 |
---|---|
Beta | 0.756 |
Diluted Shares Outstanding | - |
Cost of Debt | |
Tax Rate | 13.37 |
After-tax Cost of Debt | 1.21% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 8.110 |
Total Debt | 3.51 |
Total Equity | - |
Total Capital | 3.51 |
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 | 42.19 | 47.52 | 58.76 | 81.61 | 82.89 | 98.79 | 117.74 | 140.33 | 167.25 | 199.33 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 1.32 | 0.91 | 9.68 | 10.57 | -14.85 | 3.27 | 3.89 | 4.64 | 5.53 | 6.59 |
Capital Expenditure | -0.59 | -0.79 | -0.85 | -1.11 | -1.03 | -1.41 | -1.68 | -2 | -2.38 | -2.84 |
Free Cash Flow | 0.73 | 0.12 | 8.83 | 9.45 | -15.88 | 1.86 | 2.22 | 2.64 | 3.15 | 3.76 |
WACC | ||||||||||
PV LFCF | 1.84 | 2.17 | 2.55 | 3 | 3.54 | |||||
SUM PV LFCF | 13.10 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 1.21 |
Free cash flow (t + 1) | 3.83 |
Terminal Value | -485.04 |
Present Value of Terminal Value | -456.73 |
Intrinsic Value
Enterprise Value | -443.63 |
---|---|
Net Debt | 2.06 |
Equity Value | -445.69 |
Shares Outstanding | - |
Equity Value Per Share | -Infinity |