Discounted Cash Flow (DCF) Analysis Levered

Alphageo (India) Limited (ALPHAGEO.NS)

296.8 ₹

+4.75 (+1.63%)
All numbers are in Millions, Currency in USD
Stock DCF: 86.04 | 296.8 | overvalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 4,050.772,675.191,430.991,548.83659.50445.73301.26203.61137.6193.01
Revenue (%)
Operating Cash Flow 1,090.1534.53301.63794.19126.37106.7372.1348.7532.9522.27
Operating Cash Flow (%)
Capital Expenditure -85.05-257.65-242.25-63.67-166.05-51.66-34.92-23.60-15.95-10.78
Capital Expenditure (%)
Free Cash Flow 1,005.09-223.1259.38730.52-39.6955.0737.2225.151711.49

Weighted Average Cost Of Capital

Share price $ 296.8
Beta 0.997
Diluted Shares Outstanding 6.36
Cost of Debt
Tax Rate 27.20
After-tax Cost of Debt 3.64%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.333
Total Debt -
Total Equity 1,888.96
Total Capital 1,888.96
Debt Weighting 0.00
Equity Weighting 100.00
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 4,050.772,675.191,430.991,548.83659.50445.73301.26203.61137.6193.01
Operating Cash Flow 1,090.1534.53301.63794.19126.37106.7372.1348.7532.9522.27
Capital Expenditure -85.05-257.65-242.25-63.67-166.05-51.66-34.92-23.60-15.95-10.78
Free Cash Flow 1,005.09-223.1259.38730.52-39.6955.0737.2225.151711.49
WACC
PV LFCF 50.3731.1419.2511.907.36
SUM PV LFCF 120.01

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 9.33
Free cash flow (t + 1) 11.72
Terminal Value 159.89
Present Value of Terminal Value 102.36

Intrinsic Value

Enterprise Value 222.37
Net Debt -325.21
Equity Value 547.58
Shares Outstanding 6.36
Equity Value Per Share 86.04