Discounted Cash Flow (DCF) Analysis Levered

Blackstone/GSO Strategic Credit Fun... (BGB)

$10.63

+0.05 (+0.47%)
All numbers are in Millions, Currency in USD
Stock DCF: 2,507,680,618.15 | 10.63 | undervalue

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 65.970.9161.635.4955.281,076.3620,956.23408,007.247,943,694.07154,659,696.30
Revenue (%)
Operating Cash Flow 94.1046.1568.42114.33-2.7915,930.85310,165.546,038,765.87117,571,709.922,289,061,585.72
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow -----15,930.85310,165.546,038,765.87117,571,709.922,289,061,585.72

Weighted Average Cost Of Capital

Share price $ 10.63
Beta 0.711
Diluted Shares Outstanding 33.42
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 1.18%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.161
Total Debt 323.80
Total Equity 355.26
Total Capital 679.06
Debt Weighting 47.68
Equity Weighting 52.32
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 65.970.9161.635.4955.281,076.3620,956.23408,007.247,943,694.07154,659,696.30
Operating Cash Flow 94.1046.1568.42114.33-2.7915,930.85310,165.546,038,765.87117,571,709.922,289,061,585.72
Capital Expenditure ----------
Free Cash Flow -----15,930.85310,165.546,038,765.87117,571,709.922,289,061,585.72
WACC
PV LFCF 15,272.60285,063.535,320,719.3999,311,388.261,853,650,062.80
SUM PV LFCF 1,958,582,506.58

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 4.31
Free cash flow (t + 1) 2,334,842,817.44
Terminal Value 101,075,446,642.24
Present Value of Terminal Value 81,849,483,292.40

Intrinsic Value

Enterprise Value 83,808,065,798.98
Net Debt 316.06
Equity Value 83,808,065,482.92
Shares Outstanding 33.42
Equity Value Per Share 2,507,680,618.15