Discounted Cash Flow (DCF) Analysis Levered
Blue Ridge Bankshares, Inc. (BRBS)
$5.08
-0.51 (-9.12%)
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 | 40.80 | 100.91 | 180.44 | 158.48 | 239.80 | 362.85 | 549.03 | 830.75 | 1,257.02 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -4.57 | -15.09 | -108.34 | 59.31 | 93.93 | -29.93 | -45.29 | -68.54 | -103.70 | -156.92 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -2.10 | -1.74 | -3.01 | -1.26 | -0.45 | -6.20 | -9.38 | -14.19 | -21.47 | -32.48 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -6.67 | -16.83 | -111.35 | 58.05 | 93.48 | -36.13 | -54.67 | -82.72 | -125.17 | -189.40 |
Weighted Average Cost Of Capital
| Share price | $ 5.08 |
|---|---|
| Beta | 0.349 |
| 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 | 6.245 |
| Total Debt | 359.48 |
| Total Equity | 90.67 |
| Total Capital | 450.15 |
| Debt Weighting | 79.86 |
| Equity Weighting | 20.14 |
| 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 | 40.80 | 100.91 | 180.44 | 158.48 | 239.80 | 362.85 | 549.03 | 830.75 | 1,257.02 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -4.57 | -15.09 | -108.34 | 59.31 | 93.93 | -29.93 | -45.29 | -68.54 | -103.70 | -156.92 |
| Capital Expenditure | -2.10 | -1.74 | -3.01 | -1.26 | -0.45 | -6.20 | -9.38 | -14.19 | -21.47 | -32.48 |
| Free Cash Flow | -6.67 | -16.83 | -111.35 | 58.05 | 93.48 | -36.13 | -54.67 | -82.72 | -125.17 | -189.40 |
| WACC | ||||||||||
| PV LFCF | -34.67 | -50.34 | -73.10 | -106.14 | -154.11 | |||||
| SUM PV LFCF | -418.36 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 4.21 |
| Free cash flow (t + 1) | -193.18 |
| Terminal Value | -8,741.39 |
| Present Value of Terminal Value | -7,112.69 |
Intrinsic Value
| Enterprise Value | -7,531.04 |
|---|---|
| Net Debt | 282.21 |
| Equity Value | -7,813.25 |
| Shares Outstanding | 17.85 |
| Equity Value Per Share | -437.73 |