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 |