Discounted Cash Flow (DCF) Analysis Levered
Asia Pacific Wire & Cable Corporati... (APWC)
$1.68
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 | 425.21 | 425.94 | 338.16 | 313.56 | 476.66 | 505.62 | 536.34 | 568.92 | 603.49 | 640.15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -16.90 | 40.65 | 15.14 | 16.37 | -41.61 | 6.61 | 7.01 | 7.44 | 7.89 | 8.37 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.08 | -4.51 | -5.46 | -14.60 | -8.55 | -9.25 | -9.81 | -10.41 | -11.04 | -11.71 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -16.98 | 36.14 | 9.68 | 1.77 | -50.16 | -2.64 | -2.80 | -2.97 | -3.15 | -3.34 |
Weighted Average Cost Of Capital
| Share price | $ 1.68 |
|---|---|
| Beta | 0.666 |
| Diluted Shares Outstanding | 13.82 |
| Cost of Debt | |
| Tax Rate | 73.20 |
| After-tax Cost of Debt | 0.43% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 6.926 |
| Total Debt | 67.87 |
| Total Equity | 23.22 |
| Total Capital | 91.09 |
| Debt Weighting | 74.51 |
| Equity Weighting | 25.49 |
| 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 | 425.21 | 425.94 | 338.16 | 313.56 | 476.66 | 505.62 | 536.34 | 568.92 | 603.49 | 640.15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -16.90 | 40.65 | 15.14 | 16.37 | -41.61 | 6.61 | 7.01 | 7.44 | 7.89 | 8.37 |
| Capital Expenditure | -0.08 | -4.51 | -5.46 | -14.60 | -8.55 | -9.25 | -9.81 | -10.41 | -11.04 | -11.71 |
| Free Cash Flow | -16.98 | 36.14 | 9.68 | 1.77 | -50.16 | -2.64 | -2.80 | -2.97 | -3.15 | -3.34 |
| WACC | ||||||||||
| PV LFCF | -2.58 | -2.68 | -2.79 | -2.90 | -3.01 | |||||
| SUM PV LFCF | -13.96 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 2.09 |
| Free cash flow (t + 1) | -3.40 |
| Terminal Value | -3,781.48 |
| Present Value of Terminal Value | -3,409.93 |
Intrinsic Value
| Enterprise Value | -3,423.89 |
|---|---|
| Net Debt | 23.37 |
| Equity Value | -3,447.25 |
| Shares Outstanding | 13.82 |
| Equity Value Per Share | -249.45 |