Discounted Cash Flow (DCF) Analysis Levered
MG International S.A. (ALMGI.PA)
7.6 €
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 | 36.50 | 42.19 | 47.52 | 58.76 | 81.61 | 100.13 | 122.85 | 150.73 | 184.93 | 226.89 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | -3.15 | 1.32 | 0.91 | 9.68 | 10.57 | 5.17 | 6.34 | 7.78 | 9.55 | 11.71 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -0.49 | -0.59 | -0.79 | -0.85 | -1.11 | -1.45 | -1.77 | -2.18 | -2.67 | -3.28 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -3.64 | 0.73 | 0.12 | 8.83 | 9.45 | 3.72 | 4.57 | 5.61 | 6.88 | 8.44 |
Weighted Average Cost Of Capital
Share price | $ 7.6 |
---|---|
Beta | 0.841 |
Diluted Shares Outstanding | 107.49 |
Cost of Debt | |
Tax Rate | 12.53 |
After-tax Cost of Debt | 1.71% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 7.711 |
Total Debt | 1.27 |
Total Equity | 816.89 |
Total Capital | 818.17 |
Debt Weighting | 0.16 |
Equity Weighting | 99.84 |
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 | 36.50 | 42.19 | 47.52 | 58.76 | 81.61 | 100.13 | 122.85 | 150.73 | 184.93 | 226.89 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | -3.15 | 1.32 | 0.91 | 9.68 | 10.57 | 5.17 | 6.34 | 7.78 | 9.55 | 11.71 |
Capital Expenditure | -0.49 | -0.59 | -0.79 | -0.85 | -1.11 | -1.45 | -1.77 | -2.18 | -2.67 | -3.28 |
Free Cash Flow | -3.64 | 0.73 | 0.12 | 8.83 | 9.45 | 3.72 | 4.57 | 5.61 | 6.88 | 8.44 |
WACC | ||||||||||
PV LFCF | 3.46 | 3.94 | 4.49 | 5.11 | 5.82 | |||||
SUM PV LFCF | 22.82 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 7.70 |
Free cash flow (t + 1) | 8.61 |
Terminal Value | 151 |
Present Value of Terminal Value | 104.21 |
Intrinsic Value
Enterprise Value | 127.03 |
---|---|
Net Debt | -13.82 |
Equity Value | 140.85 |
Shares Outstanding | 107.49 |
Equity Value Per Share | 1.31 |