Discounted Cash Flow (DCF) Analysis Levered

Alphageo (India) Limited (ALPHAGEO.NS)

249.35 ₹

+1.80 (+0.73%)
All numbers are in Millions, Currency in USD
Stock DCF: 356.70 | 249.35 | undervalue

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 4,294.374,050.772,675.191,430.991,548.831,247.171,004.27808.67651.17524.35
Revenue (%)
Operating Cash Flow 589.981,090.1534.53301.63794.19285.10229.57184.86148.85119.86
Operating Cash Flow (%)
Capital Expenditure -524.98-85.05-257.65-242.25-63.67-112.23-90.38-72.77-58.60-47.19
Capital Expenditure (%)
Free Cash Flow 651,005.09-223.1259.38730.52172.86139.19112.0890.2572.68

Weighted Average Cost Of Capital

Share price $ 249.35
Beta 1.066
Diluted Shares Outstanding 6.36
Cost of Debt
Tax Rate 30.68
After-tax Cost of Debt 3.47%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.775
Total Debt -
Total Equity 1,586.73
Total Capital 1,586.73
Debt Weighting 0.00
Equity Weighting 100.00
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 4,294.374,050.772,675.191,430.991,548.831,247.171,004.27808.67651.17524.35
Operating Cash Flow 589.981,090.1534.53301.63794.19285.10229.57184.86148.85119.86
Capital Expenditure -524.98-85.05-257.65-242.25-63.67-112.23-90.38-72.77-58.60-47.19
Free Cash Flow 651,005.09-223.1259.38730.52172.86139.19112.0890.2572.68
WACC
PV LFCF 158.91117.6387.0864.4647.71
SUM PV LFCF 475.79

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 8.78
Free cash flow (t + 1) 74.13
Terminal Value 1,093.36
Present Value of Terminal Value 717.82

Intrinsic Value

Enterprise Value 1,193.61
Net Debt -1,076.21
Equity Value 2,269.82
Shares Outstanding 6.36
Equity Value Per Share 356.70