Discounted Cash Flow (DCF) Analysis Levered
ClearSign Technologies Corporation (CLIR)
$0.7
-0.10 (-12.50%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 0.54 | 0.53 | 0.52 | 0.51 | 0.50 | 0.49 | 0.48 | 0.47 | 0.46 | 0.46 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -8.26 | -8.38 | -6.90 | -5.96 | -6.71 | -6.83 | -6.70 | -6.58 | -6.46 | -6.34 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.42 | -0.50 | -0.42 | -0.19 | -0.36 | -0.36 | -0.35 | -0.34 | -0.34 | -0.33 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -8.68 | -8.89 | -7.32 | -6.16 | -7.07 | -7.19 | -7.06 | -6.93 | -6.80 | -6.67 |
Weighted Average Cost Of Capital
| Share price | $ 0.7 |
|---|---|
| Beta | 0.824 |
| Diluted Shares Outstanding | 27.84 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 7.396 |
| Total Debt | 0.56 |
| Total Equity | 19.49 |
| Total Capital | 20.04 |
| Debt Weighting | 2.77 |
| Equity Weighting | 97.23 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 0.54 | 0.53 | 0.52 | 0.51 | 0.50 | 0.49 | 0.48 | 0.47 | 0.46 | 0.46 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -8.26 | -8.38 | -6.90 | -5.96 | -6.71 | -6.83 | -6.70 | -6.58 | -6.46 | -6.34 |
| Capital Expenditure | -0.42 | -0.50 | -0.42 | -0.19 | -0.36 | -0.36 | -0.35 | -0.34 | -0.34 | -0.33 |
| Free Cash Flow | -8.68 | -8.89 | -7.32 | -6.16 | -7.07 | -7.19 | -7.06 | -6.93 | -6.80 | -6.67 |
| WACC | ||||||||||
| PV LFCF | - | -6.16 | - | - | - | - | - | - | ||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | -6.80 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -7.05 |
| Equity Value | - |
| Shares Outstanding | 27.84 |
| Equity Value Per Share | - |