Discounted Cash Flow (DCF) Analysis Levered

Mr. Cooper Group Inc. (COOP)

$40.11

+0.14 (+0.35%)
All numbers are in Millions, Currency in USD
Stock DCF: 134,266,321.23 | 40.11 | undervalue

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 36.251,7902,0072,7333,54947,169.38626,923.158,332,368.27110,744,612.721,471,894,765.90
Revenue (%)
Operating Cash Flow -6.423,5457023312,63228,451.83378,150.265,025,954.4766,799,421.67887,823,946.51
Operating Cash Flow (%)
Capital Expenditure --15-596-187-963-7,607.33-101,108.22-1,343,818.44-17,860,546.72-237,382,610.25
Capital Expenditure (%)
Free Cash Flow -6.423,5301061441,66920,844.50277,042.043,682,136.0348,938,874.95650,441,336.26

Weighted Average Cost Of Capital

Share price $ 40.11
Beta 1.501
Diluted Shares Outstanding 82.07
Cost of Debt
Tax Rate 24.94
After-tax Cost of Debt 4.68%
Risk-Free Rate
Market Risk Premium
Cost of Equity 11.047
Total Debt 7,667
Total Equity 3,291.87
Total Capital 10,958.87
Debt Weighting 69.96
Equity Weighting 30.04
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 36.251,7902,0072,7333,54947,169.38626,923.158,332,368.27110,744,612.721,471,894,765.90
Operating Cash Flow -6.423,5457023312,63228,451.83378,150.265,025,954.4766,799,421.67887,823,946.51
Capital Expenditure --15-596-187-963-7,607.33-101,108.22-1,343,818.44-17,860,546.72-237,382,610.25
Free Cash Flow -6.423,5301061441,66920,844.50277,042.043,682,136.0348,938,874.95650,441,336.26
WACC
PV LFCF 19,555.78243,844.383,040,538.0537,912,998.38472,743,778.77
SUM PV LFCF 513,960,715.35

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.59
Free cash flow (t + 1) 663,450,162.99
Terminal Value 14,454,251,916.90
Present Value of Terminal Value 10,505,417,305.95

Intrinsic Value

Enterprise Value 11,019,378,021.30
Net Debt 6,772
Equity Value 11,019,371,249.30
Shares Outstanding 82.07
Equity Value Per Share 134,266,321.23