Discounted Cash Flow (DCF) Analysis Levered
Blue Ridge Bankshares, Inc. (BRBS)
$8.92
+0.03 (+0.34%)
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 | 44.69 | 61.53 | 100.75 | 180.44 | 158.48 | 225.18 | 319.94 | 454.59 | 645.90 | 917.72 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | -4.57 | -15.08 | -108.34 | 59.31 | 93.93 | -22.58 | -32.08 | -45.58 | -64.76 | -92.02 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -2.10 | -1.74 | -3.01 | -1.26 | -0.45 | -5.17 | -7.35 | -10.44 | -14.84 | -21.09 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -6.67 | -16.82 | -111.35 | 58.05 | 93.48 | -27.75 | -39.43 | -56.02 | -79.60 | -113.10 |
Weighted Average Cost Of Capital
Share price | $ 8.92 |
---|---|
Beta | 0.362 |
Diluted Shares Outstanding | 17.85 |
Cost of Debt | |
Tax Rate | 22.08 |
After-tax Cost of Debt | 3.70% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 5.460 |
Total Debt | 359.48 |
Total Equity | 159.22 |
Total Capital | 518.70 |
Debt Weighting | 69.30 |
Equity Weighting | 30.70 |
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 | 44.69 | 61.53 | 100.75 | 180.44 | 158.48 | 225.18 | 319.94 | 454.59 | 645.90 | 917.72 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | -4.57 | -15.08 | -108.34 | 59.31 | 93.93 | -22.58 | -32.08 | -45.58 | -64.76 | -92.02 |
Capital Expenditure | -2.10 | -1.74 | -3.01 | -1.26 | -0.45 | -5.17 | -7.35 | -10.44 | -14.84 | -21.09 |
Free Cash Flow | -6.67 | -16.82 | -111.35 | 58.05 | 93.48 | -27.75 | -39.43 | -56.02 | -79.60 | -113.10 |
WACC | ||||||||||
PV LFCF | -26.62 | -36.29 | -49.46 | -67.42 | -91.90 | |||||
SUM PV LFCF | -271.69 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 4.24 |
Free cash flow (t + 1) | -115.36 |
Terminal Value | -5,150.15 |
Present Value of Terminal Value | -4,184.54 |
Intrinsic Value
Enterprise Value | -4,456.23 |
---|---|
Net Debt | 282.21 |
Equity Value | -4,738.44 |
Shares Outstanding | 17.85 |
Equity Value Per Share | -265.47 |