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 |