Discounted Cash Flow (DCF) Analysis Levered
CNIM Groupe SA (COM.PA)
7.46 €
0.00 (0.00%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Revenue | 539.86 | 634.94 | 689.77 | 588.39 | 632.89 | 663.13 | 694.82 | 728.02 | 762.81 | 799.26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 48.95 | 9.96 | -97.16 | -89.69 | -30.71 | -31.23 | -32.72 | -34.28 | -35.92 | -37.64 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -21.26 | -25.08 | -22.41 | -22.99 | -22.54 | -24.68 | -25.86 | -27.09 | -28.39 | -29.74 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 27.69 | -15.12 | -119.57 | -112.68 | -53.25 | -55.90 | -58.58 | -61.37 | -64.31 | -67.38 |
Weighted Average Cost Of Capital
| Share price | $ 7.46 |
|---|---|
| Beta | 0.966 |
| Diluted Shares Outstanding | 2.82 |
| Cost of Debt | |
| Tax Rate | -2.92 |
| After-tax Cost of Debt | 3.32% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 8.123 |
| Total Debt | 250.89 |
| Total Equity | 21.07 |
| Total Capital | 271.96 |
| Debt Weighting | 92.25 |
| Equity Weighting | 7.75 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Revenue | 539.86 | 634.94 | 689.77 | 588.39 | 632.89 | 663.13 | 694.82 | 728.02 | 762.81 | 799.26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 48.95 | 9.96 | -97.16 | -89.69 | -30.71 | -31.23 | -32.72 | -34.28 | -35.92 | -37.64 |
| Capital Expenditure | -21.26 | -25.08 | -22.41 | -22.99 | -22.54 | -24.68 | -25.86 | -27.09 | -28.39 | -29.74 |
| Free Cash Flow | 27.69 | -15.12 | -119.57 | -112.68 | -53.25 | -55.90 | -58.58 | -61.37 | -64.31 | -67.38 |
| WACC | ||||||||||
| PV LFCF | -53.91 | -54.48 | -55.05 | -55.63 | -56.21 | |||||
| SUM PV LFCF | -275.29 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 3.69 |
| Free cash flow (t + 1) | -68.73 |
| Terminal Value | -4,066.72 |
| Present Value of Terminal Value | -3,392.81 |
Intrinsic Value
| Enterprise Value | -3,668.10 |
|---|---|
| Net Debt | 107.79 |
| Equity Value | -3,775.89 |
| Shares Outstanding | 2.82 |
| Equity Value Per Share | -1,336.71 |