Discounted Cash Flow (DCF) Analysis Levered
Bowl America Incorporated (BWL-A)
$8.9
-0.20 (-2.20%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Revenue | 24.10 | 23.93 | 24.77 | 24.42 | 17.78 | 16.63 | 15.56 | 14.56 | 13.62 | 12.74 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 3.44 | 3.13 | 4 | 3.46 | 0.86 | 2.08 | 1.95 | 1.82 | 1.70 | 1.59 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.32 | -0.33 | -0.79 | -0.43 | -0.34 | -0.32 | -0.30 | -0.28 | -0.26 | -0.24 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 3.12 | 2.80 | 3.21 | 3.03 | 0.52 | 1.76 | 1.65 | 1.54 | 1.44 | 1.35 |
Weighted Average Cost Of Capital
| Share price | $ 8.9 |
|---|---|
| Beta | 0.724 |
| Diluted Shares Outstanding | 5.16 |
| Cost of Debt | |
| Tax Rate | 0.20 |
| After-tax Cost of Debt | 4.99% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 6.308 |
| Total Debt | - |
| Total Equity | 45.93 |
| Total Capital | - |
| Debt Weighting | - |
| Equity Weighting | - |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Revenue | 24.10 | 23.93 | 24.77 | 24.42 | 17.78 | 16.63 | 15.56 | 14.56 | 13.62 | 12.74 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 3.44 | 3.13 | 4 | 3.46 | 0.86 | 2.08 | 1.95 | 1.82 | 1.70 | 1.59 |
| Capital Expenditure | -0.32 | -0.33 | -0.79 | -0.43 | -0.34 | -0.32 | -0.30 | -0.28 | -0.26 | -0.24 |
| Free Cash Flow | 3.12 | 2.80 | 3.21 | 3.03 | 0.52 | 1.76 | 1.65 | 1.54 | 1.44 | 1.35 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | 1.38 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -1.66 |
| Equity Value | - |
| Shares Outstanding | 5.16 |
| Equity Value Per Share | - |