Discounted Cash Flow (DCF) Analysis Levered

Consensus Cloud Solutions, Inc. (CCSI)

$56.79

+1.30 (+2.34%)
All numbers are in Millions, Currency in USD
Stock DCF: 1,022.33 | 56.79 | undervalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 661.84678.46617.89598.08578.89560.33542.35524.96
Revenue (%)
Operating Cash Flow 226.70238.79250.22219.18212.15205.35198.76192.39
Operating Cash Flow (%)
Capital Expenditure -22.94-35.57-34.57-28.52-27.60-26.72-25.86-25.03
Capital Expenditure (%)
Free Cash Flow 203.76203.22215.64190.67184.55178.63172.90167.36

Weighted Average Cost Of Capital

Share price $ 56.79
Beta 0.000
Diluted Shares Outstanding 20.06
Cost of Debt
Tax Rate 17.66
After-tax Cost of Debt 1.38%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.703
Total Debt 822.68
Total Equity 1,139.26
Total Capital 1,961.93
Debt Weighting 41.93
Equity Weighting 58.07
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 661.84678.46617.89598.08578.89560.33542.35524.96
Operating Cash Flow 226.70238.79250.22219.18212.15205.35198.76192.39
Capital Expenditure -22.94-35.57-34.57-28.52-27.60-26.72-25.86-25.03
Free Cash Flow 203.76203.22215.64190.67184.55178.63172.90167.36
WACC
PV LFCF 195.87184.55173.88163.83154.36
SUM PV LFCF 826.75

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 2.73
Free cash flow (t + 1) 170.70
Terminal Value 23,383.90
Present Value of Terminal Value 20,437.63

Intrinsic Value

Enterprise Value 21,264.38
Net Debt 755.48
Equity Value 20,508.89
Shares Outstanding 20.06
Equity Value Per Share 1,022.33