Discounted Cash Flow (DCF) Analysis Levered

BGSF, Inc. (BGSF)

$11.555

+0.01 (+0.04%)
All numbers are in Millions, Currency in USD
Stock DCF: 7.44 | 11.555 | overvalue

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 272.60286.86294.31277.89239.03232.01225.21218.60212.19205.96
Revenue (%)
Operating Cash Flow 18.0618.4317.9522.266.6613.9013.4913.0912.7112.34
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 16.9217.5015.7220.113.4612.2211.8611.5111.1810.85

Weighted Average Cost Of Capital

Share price $ 11.555
Beta 1.972
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 13.245
Total Debt 44.03
Total Equity 120.36
Total Capital 164.40
Debt Weighting 26.78
Equity Weighting 73.22
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 272.60286.86294.31277.89239.03232.01225.21218.60212.19205.96
Operating Cash Flow 18.0618.4317.9522.266.6613.9013.4913.0912.7112.34
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 16.9217.5015.7220.113.4612.2211.8611.5111.1810.85
WACC
PV LFCF 8.187.186.305.534.86
SUM PV LFCF 43.31

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 10.57
Free cash flow (t + 1) 11.06
Terminal Value 129.11
Present Value of Terminal Value 78.12

Intrinsic Value

Enterprise Value 121.44
Net Debt 43.92
Equity Value 77.52
Shares Outstanding 10.42
Equity Value Per Share 7.44