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
Stock DCF: -Infinity | 5.8 | overvalue

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 42.1947.5258.7681.6182.8998.79117.74140.33167.25199.33
Revenue (%)
Operating Cash Flow 1.320.919.6810.57-14.853.273.894.645.536.59
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 0.730.128.839.45-15.881.862.222.643.153.76

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 42.1947.5258.7681.6182.8998.79117.74140.33167.25199.33
Operating Cash Flow 1.320.919.6810.57-14.853.273.894.645.536.59
Capital Expenditure -0.59-0.79-0.85-1.11-1.03-1.41-1.68-2-2.38-2.84
Free Cash Flow 0.730.128.839.45-15.881.862.222.643.153.76
WACC
PV LFCF 1.842.172.5533.54
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