Discounted Cash Flow (DCF) Analysis Levered

Chuy's Holdings, Inc. (CHUY)

$23.36

+0.17 (+0.73%)
All numbers are in Millions, Currency in USD
Stock DCF: 9.87 | 23.36 | overvalue

Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 369.59398.20426.36320.95396.47409.97423.92438.36453.28468.71
Revenue (%)
Operating Cash Flow 44.3847.8843.4342.7149.7849.2650.9452.6854.4756.32
Operating Cash Flow (%)
Capital Expenditure -49.19-44.09-32.87-12.15-16.41-32.81-33.93-35.08-36.28-37.51
Capital Expenditure (%)
Free Cash Flow -4.803.8010.5630.5733.3716.4617.0217.6018.1918.81

Weighted Average Cost Of Capital

Share price $ 23.36
Beta 1.770
Diluted Shares Outstanding 20.10
Cost of Debt
Tax Rate 11.92
After-tax Cost of Debt 0.06%
Risk-Free Rate
Market Risk Premium
Cost of Equity 11.235
Total Debt 201.74
Total Equity 469.55
Total Capital 671.29
Debt Weighting 30.05
Equity Weighting 69.95
Wacc

Build Up Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 369.59398.20426.36320.95396.47409.97423.92438.36453.28468.71
Operating Cash Flow 44.3847.8843.4342.7149.7849.2650.9452.6854.4756.32
Capital Expenditure -49.19-44.09-32.87-12.15-16.41-32.81-33.93-35.08-36.28-37.51
Free Cash Flow -4.803.8010.5630.5733.3716.4617.0217.6018.1918.81
WACC
PV LFCF 15.2514.6214.0113.4312.88
SUM PV LFCF 70.20

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 7.88
Free cash flow (t + 1) 19.19
Terminal Value 326.37
Present Value of Terminal Value 223.36

Intrinsic Value

Enterprise Value 293.56
Net Debt 95.12
Equity Value 198.44
Shares Outstanding 20.10
Equity Value Per Share 9.87