Discounted Cash Flow (DCF) Analysis Levered
BGSF, Inc. (BGSF)
$12.95
-0.09 (-0.69%)
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 | 272.60 | 286.86 | 294.31 | 277.89 | 239.03 | 232.01 | 225.21 | 218.60 | 212.19 | 205.96 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 18.06 | 18.43 | 17.95 | 22.26 | 6.66 | 13.90 | 13.49 | 13.09 | 12.71 | 12.34 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -1.15 | -0.92 | -2.23 | -2.14 | -3.20 | -1.68 | -1.63 | -1.58 | -1.53 | -1.49 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 16.92 | 17.50 | 15.72 | 20.11 | 3.46 | 12.22 | 11.86 | 11.51 | 11.18 | 10.85 |
Weighted Average Cost Of Capital
Share price | $ 12.95 |
---|---|
Beta | 1.982 |
Diluted Shares Outstanding | 10.42 |
Cost of Debt | |
Tax Rate | -7.73 |
After-tax Cost of Debt | 3.25% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 12.180 |
Total Debt | 44.03 |
Total Equity | 134.90 |
Total Capital | 178.93 |
Debt Weighting | 24.61 |
Equity Weighting | 75.39 |
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 | 272.60 | 286.86 | 294.31 | 277.89 | 239.03 | 232.01 | 225.21 | 218.60 | 212.19 | 205.96 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 18.06 | 18.43 | 17.95 | 22.26 | 6.66 | 13.90 | 13.49 | 13.09 | 12.71 | 12.34 |
Capital Expenditure | -1.15 | -0.92 | -2.23 | -2.14 | -3.20 | -1.68 | -1.63 | -1.58 | -1.53 | -1.49 |
Free Cash Flow | 16.92 | 17.50 | 15.72 | 20.11 | 3.46 | 12.22 | 11.86 | 11.51 | 11.18 | 10.85 |
WACC | ||||||||||
PV LFCF | 11.11 | 9.81 | 8.66 | 7.64 | 6.74 | |||||
SUM PV LFCF | 43.95 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 9.98 |
Free cash flow (t + 1) | 11.06 |
Terminal Value | 138.66 |
Present Value of Terminal Value | 86.17 |
Intrinsic Value
Enterprise Value | 130.13 |
---|---|
Net Debt | 43.92 |
Equity Value | 86.21 |
Shares Outstanding | 10.42 |
Equity Value Per Share | 8.28 |