Discounted Cash Flow (DCF) Analysis Levered

Amcor plc (AMCR)

$10.935

+0.14 (+1.25%)
All numbers are in Millions, Currency in USD
Stock DCF: 9.71 | 10.935 | 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 9,262.269,458.2012,467.5012,86112,86114,450.9816,237.5418,244.9620,500.5523,035
Revenue (%)
Operating Cash Flow -776.101,384.201,46101,107.961,244.931,398.841,571.781,766.09
Operating Cash Flow (%)
Capital Expenditure -369.83-332.20-399.50-468-0-414.70-465.97-523.57-588.30-661.03
Capital Expenditure (%)
Free Cash Flow -369.83443.90984.709930693.26778.97875.27983.481,105.06

Weighted Average Cost Of Capital

Share price $ 10.935
Beta 0.825
Diluted Shares Outstanding 1,556
Cost of Debt
Tax Rate 21.29
After-tax Cost of Debt 72,937,133.28%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.795
Total Debt 0
Total Equity 17,014.86
Total Capital 17,014.86
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 9,262.269,458.2012,467.5012,86112,86114,450.9816,237.5418,244.9620,500.5523,035
Operating Cash Flow -776.101,384.201,46101,107.961,244.931,398.841,571.781,766.09
Capital Expenditure -369.83-332.20-399.50-468-0-414.70-465.97-523.57-588.30-661.03
Free Cash Flow -369.83443.90984.709930693.26778.97875.27983.481,105.06
WACC
PV LFCF 639.30662.43686.39711.22736.95
SUM PV LFCF 3,436.30

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 8.44
Free cash flow (t + 1) 1,127.16
Terminal Value 17,502.52
Present Value of Terminal Value 11,672.21

Intrinsic Value

Enterprise Value 15,108.50
Net Debt -0
Equity Value 15,108.50
Shares Outstanding 1,556
Equity Value Per Share 9.71