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 |