Discounted Cash Flow (DCF) Analysis Levered
Bleecker Société Anonyme (BLEE.PA)
188 €
+1.00 (+0.53%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
Revenue | 25.20 | 21.48 | 22.92 | 21.53 | 23.91 | 23.73 | 23.55 | 23.37 | 23.20 | 23.02 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 4.78 | 6.66 | 9.01 | 0.75 | 0.26 | 4.45 | 4.42 | 4.39 | 4.35 | 4.32 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -7.42 | -43 | -4.24 | -20.12 | -10.48 | -18.29 | -18.15 | -18.02 | -17.88 | -17.74 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -2.64 | -36.34 | 4.77 | -19.37 | -10.22 | -13.84 | -13.73 | -13.63 | -13.53 | -13.42 |
Weighted Average Cost Of Capital
Share price | $ 188 |
---|---|
Beta | -0.140 |
Diluted Shares Outstanding | 1.12 |
Cost of Debt | |
Tax Rate | 0.00 |
After-tax Cost of Debt | 2.95% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 3.121 |
Total Debt | 338 |
Total Equity | 211.42 |
Total Capital | 549.42 |
Debt Weighting | 61.52 |
Equity Weighting | 38.48 |
Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
Revenue | 25.20 | 21.48 | 22.92 | 21.53 | 23.91 | 23.73 | 23.55 | 23.37 | 23.20 | 23.02 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 4.78 | 6.66 | 9.01 | 0.75 | 0.26 | 4.45 | 4.42 | 4.39 | 4.35 | 4.32 |
Capital Expenditure | -7.42 | -43 | -4.24 | -20.12 | -10.48 | -18.29 | -18.15 | -18.02 | -17.88 | -17.74 |
Free Cash Flow | -2.64 | -36.34 | 4.77 | -19.37 | -10.22 | -13.84 | -13.73 | -13.63 | -13.53 | -13.42 |
WACC | ||||||||||
PV LFCF | -13.43 | -12.94 | -12.47 | -12.01 | -11.57 | |||||
SUM PV LFCF | -62.42 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 3.02 |
Free cash flow (t + 1) | -13.69 |
Terminal Value | -1,342.44 |
Present Value of Terminal Value | -1,156.88 |
Intrinsic Value
Enterprise Value | -1,219.30 |
---|---|
Net Debt | 337.58 |
Equity Value | -1,556.88 |
Shares Outstanding | 1.12 |
Equity Value Per Share | -1,384.43 |