Discounted Cash Flow (DCF) Analysis Levered

Civitas Resources, Inc. (BCEI)

$54.58

+0.33 (+0.61%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2016
Actual
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 195.29---------
Revenue (%)
Operating Cash Flow 14.56---------
Operating Cash Flow (%)
Capital Expenditure -52.79---------
Capital Expenditure (%)
Free Cash Flow -38.23---------

Weighted Average Cost Of Capital

Share price $ 54.58
Beta 1.968
Diluted Shares Outstanding 20.91
Cost of Debt
Tax Rate -140.87
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 12.835
Total Debt 30.02
Total Equity 1,141.38
Total Capital 1,171.40
Debt Weighting 2.56
Equity Weighting 97.44
Wacc

Build Up Free Cash Flow

Year
A/P
2016
Actual
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 195.29---------
Operating Cash Flow 14.56---------
Capital Expenditure -52.79---------
Free Cash Flow -38.23---------
WACC
PV LFCF ---------
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 12.63
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 5.28
Equity Value -
Shares Outstanding 20.91
Equity Value Per Share -