Discounted Cash Flow (DCF) Analysis Levered

Calamos Global Dynamic Income Fund (CHW)

$6.2

+0.05 (+0.81%)
All numbers are in Millions, Currency in USD
Stock DCF: -Infinity | 6.2 | overvalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 46.4258.61177.05-195.9931.1623.5017.7313.3810.097.61
Revenue (%)
Operating Cash Flow 79.3461.86-25.90114.0118.2312.339.307.015.293.99
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow -----12.339.307.015.293.99

Weighted Average Cost Of Capital

Share price $ 6.2
Beta 1.286
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 6.69%
Risk-Free Rate
Market Risk Premium
Cost of Equity 10.355
Total Debt 130.55
Total Equity -
Total Capital 130.55
Debt Weighting 100.00
Equity Weighting 0.00
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 46.4258.61177.05-195.9931.1623.5017.7313.3810.097.61
Operating Cash Flow 79.3461.86-25.90114.0118.2312.339.307.015.293.99
Capital Expenditure ----------
Free Cash Flow -----12.339.307.015.293.99
WACC
PV LFCF 9.516.734.763.362.38
SUM PV LFCF 32.47

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.69
Free cash flow (t + 1) 4.07
Terminal Value 86.82
Present Value of Terminal Value 62.81

Intrinsic Value

Enterprise Value 95.28
Net Debt 130.55
Equity Value -35.27
Shares Outstanding -
Equity Value Per Share -Infinity