Discounted Cash Flow (DCF) Analysis Levered
Cibox Inter@ctive (CIB.PA)
0.0615 €
-0.01 (-10.74%)
All numbers are in Millions, Currency in USD
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 | 16.82 | 11.24 | 7.02 | 14.51 | 16.16 | 18.06 | 20.20 | 22.58 | 25.25 | 28.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -1.04 | 0.40 | -0.89 | -0.56 | -0.74 | -0.86 | -0.96 | -1.07 | -1.20 | -1.34 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.01 | -0.02 | -0.38 | -0.19 | -0.36 | -0.33 | -0.37 | -0.41 | -0.46 | -0.52 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -1.05 | 0.38 | -1.27 | -0.74 | -1.11 | -1.19 | -1.33 | -1.49 | -1.66 | -1.86 |
Weighted Average Cost Of Capital
| Share price | $ 0.0,615 |
|---|---|
| Beta | 1.994 |
| Diluted Shares Outstanding | 107.49 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 3.51% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 13.180 |
| Total Debt | 6.23 |
| Total Equity | 6.61 |
| Total Capital | 12.84 |
| Debt Weighting | 48.53 |
| Equity Weighting | 51.47 |
| 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 | 16.82 | 11.24 | 7.02 | 14.51 | 16.16 | 18.06 | 20.20 | 22.58 | 25.25 | 28.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -1.04 | 0.40 | -0.89 | -0.56 | -0.74 | -0.86 | -0.96 | -1.07 | -1.20 | -1.34 |
| Capital Expenditure | -0.01 | -0.02 | -0.38 | -0.19 | -0.36 | -0.33 | -0.37 | -0.41 | -0.46 | -0.52 |
| Free Cash Flow | -1.05 | 0.38 | -1.27 | -0.74 | -1.11 | -1.19 | -1.33 | -1.49 | -1.66 | -1.86 |
| WACC | ||||||||||
| PV LFCF | -1.10 | -1.13 | -1.16 | -1.20 | -1.24 | |||||
| SUM PV LFCF | -5.83 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 8.49 |
| Free cash flow (t + 1) | -1.90 |
| Terminal Value | -29.23 |
| Present Value of Terminal Value | -19.45 |
Intrinsic Value
| Enterprise Value | -25.28 |
|---|---|
| Net Debt | 0.46 |
| Equity Value | -25.73 |
| Shares Outstanding | 107.49 |
| Equity Value Per Share | -0.24 |