Discounted Cash Flow (DCF) Analysis Levered
Cemtrex, Inc. (CETXP)
$0.96
+0.09 (+0.00%)
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 | -16.09 | -5.38 | -4.98 | -4.61 | -4.26 | -3.95 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -12.21 | -1.66 | -1.57 | -1.07 | -1.84 | -2.56 | -2.37 | -2.20 | -2.03 | -1.88 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -15.01 | 2.28 | -5.66 | -11.12 | -17.94 | -7.94 | -7.35 | -6.80 | -6.29 | -5.83 |
Weighted Average Cost Of Capital
| Share price | $ 0.96 |
|---|---|
| Beta | 2.141 |
| Diluted Shares Outstanding | 0.71 |
| Cost of Debt | |
| Tax Rate | 1.54 |
| After-tax Cost of Debt | 76.62% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 14.728 |
| Total Debt | 5.01 |
| Total Equity | 0.68 |
| Total Capital | 5.69 |
| Debt Weighting | 88.03 |
| Equity Weighting | 11.97 |
| 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 | -16.09 | -5.38 | -4.98 | -4.61 | -4.26 | -3.95 |
| Capital Expenditure | -12.21 | -1.66 | -1.57 | -1.07 | -1.84 | -2.56 | -2.37 | -2.20 | -2.03 | -1.88 |
| Free Cash Flow | -15.01 | 2.28 | -5.66 | -11.12 | -17.94 | -7.94 | -7.35 | -6.80 | -6.29 | -5.83 |
| WACC | ||||||||||
| PV LFCF | -0.34 | -0.19 | -0.10 | -0.06 | -0.03 | |||||
| SUM PV LFCF | -9.85 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 69.21 |
| Free cash flow (t + 1) | -5.94 |
| Terminal Value | -8.84 |
| Present Value of Terminal Value | -0.64 |
Intrinsic Value
| Enterprise Value | -10.49 |
|---|---|
| Net Debt | -5.60 |
| Equity Value | -4.89 |
| Shares Outstanding | 0.71 |
| Equity Value Per Share | -6.89 |