Discounted Cash Flow (DCF) Analysis Levered
Cemtrex, Inc. (CETXP)
$0.7254
+0.01 (+0.75%)
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 | 89.94 | 39.27 | 43.52 | 43.13 | 50.27 | 46.52 | 43.05 | 39.84 | 36.87 | 34.12 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | -2.80 | 3.94 | -4.09 | -10.05 | -0.02 | -2.40 | -2.22 | -2.06 | -1.91 | -1.76 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -12.21 | -1.66 | -1.57 | -1.07 | -0 | -2.22 | -2.06 | -1.90 | -1.76 | -1.63 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -15.01 | 2.28 | -5.66 | -11.12 | -0.02 | -4.63 | -4.28 | -3.96 | -3.67 | -3.39 |
Weighted Average Cost Of Capital
Share price | $ 0.7,254 |
---|---|
Beta | 2.177 |
Diluted Shares Outstanding | 958.21 |
Cost of Debt | |
Tax Rate | 3.55 |
After-tax Cost of Debt | 142.33% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 13.988 |
Total Debt | 2.64 |
Total Equity | 695.08 |
Total Capital | 697.72 |
Debt Weighting | 0.38 |
Equity Weighting | 99.62 |
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 | 89.94 | 39.27 | 43.52 | 43.13 | 50.27 | 46.52 | 43.05 | 39.84 | 36.87 | 34.12 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | -2.80 | 3.94 | -4.09 | -10.05 | -0.02 | -2.40 | -2.22 | -2.06 | -1.91 | -1.76 |
Capital Expenditure | -12.21 | -1.66 | -1.57 | -1.07 | -0 | -2.22 | -2.06 | -1.90 | -1.76 | -1.63 |
Free Cash Flow | -15.01 | 2.28 | -5.66 | -11.12 | -0.02 | -4.63 | -4.28 | -3.96 | -3.67 | -3.39 |
WACC | ||||||||||
PV LFCF | -2.06 | -1.66 | -1.34 | -1.09 | -0.88 | |||||
SUM PV LFCF | -13.81 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 14.47 |
Free cash flow (t + 1) | -3.46 |
Terminal Value | -27.75 |
Present Value of Terminal Value | -14.12 |
Intrinsic Value
Enterprise Value | -27.93 |
---|---|
Net Debt | -7.97 |
Equity Value | -19.96 |
Shares Outstanding | 958.21 |
Equity Value Per Share | -0.02 |