Discounted Cash Flow (DCF) Analysis Levered
Condor Energies Inc. (CPI.TO)
$0.37
0.00 (-%)
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 | 5.65 | 17.49 | 5.17 | 2.78 | 0.88 | 0.94 | 1 | 1.06 | 1.12 | 1.19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -8.18 | 7.47 | 2.09 | -6.39 | -6.10 | -1.84 | -1.95 | -2.08 | -2.20 | -2.34 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -19.27 | -5.82 | -0.15 | -0.19 | -0.09 | -0.74 | -0.78 | -0.83 | -0.88 | -0.94 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -27.45 | 1.65 | 1.94 | -6.58 | -6.19 | -2.58 | -2.74 | -2.91 | -3.09 | -3.28 |
Weighted Average Cost Of Capital
| Share price | $ 0.37 |
|---|---|
| Beta | 2.872 |
| Diluted Shares Outstanding | 107.49 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 5.00% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 17.161 |
| Total Debt | - |
| Total Equity | 39.77 |
| Total Capital | 39.77 |
| Debt Weighting | 0.00 |
| Equity Weighting | 100.00 |
| 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 | 5.65 | 17.49 | 5.17 | 2.78 | 0.88 | 0.94 | 1 | 1.06 | 1.12 | 1.19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -8.18 | 7.47 | 2.09 | -6.39 | -6.10 | -1.84 | -1.95 | -2.08 | -2.20 | -2.34 |
| Capital Expenditure | -19.27 | -5.82 | -0.15 | -0.19 | -0.09 | -0.74 | -0.78 | -0.83 | -0.88 | -0.94 |
| Free Cash Flow | -27.45 | 1.65 | 1.94 | -6.58 | -6.19 | -2.58 | -2.74 | -2.91 | -3.09 | -3.28 |
| WACC | ||||||||||
| PV LFCF | -2.20 | -2 | -1.81 | -1.64 | -1.48 | |||||
| SUM PV LFCF | -9.13 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 17.16 |
| Free cash flow (t + 1) | -3.34 |
| Terminal Value | -22.05 |
| Present Value of Terminal Value | -9.99 |
Intrinsic Value
| Enterprise Value | -19.12 |
|---|---|
| Net Debt | -4.62 |
| Equity Value | -14.49 |
| Shares Outstanding | 107.49 |
| Equity Value Per Share | -0.13 |