Discounted Cash Flow (DCF) Analysis Levered

Charge Enterprises, Inc. (CRGE)

$1.57

-0.12 (-7.10%)
All numbers are in Millions, Currency in USD
Stock DCF: -29,305.18 | 1.57 | overvalue

Free Cash Flow

Year
A/P
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 84.73477.022,685.6715,120.6785,131.28479,299.782,698,517.94
Revenue (%)
Operating Cash Flow -6.49-2.91-111.08-625.39-3,521.04-19,823.93-111,611.19
Operating Cash Flow (%)
Capital Expenditure -0.20-1.36-7.03-39.56-222.73-1,253.99-7,060.11
Capital Expenditure (%)
Free Cash Flow -6.69-4.26-118.11-664.95-3,743.77-21,077.91-118,671.29

Weighted Average Cost Of Capital

Share price $ 1.57
Beta 3.463
Diluted Shares Outstanding 18.05
Cost of Debt
Tax Rate 9.29
After-tax Cost of Debt 11.27%
Risk-Free Rate
Market Risk Premium
Cost of Equity 20.222
Total Debt 37.11
Total Equity 28.34
Total Capital 65.44
Debt Weighting 56.70
Equity Weighting 43.30
Wacc

Build Up Free Cash Flow

Year
A/P
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 84.73477.022,685.6715,120.6785,131.28479,299.782,698,517.94
Operating Cash Flow -6.49-2.91-111.08-625.39-3,521.04-19,823.93-111,611.19
Capital Expenditure -0.20-1.36-7.03-39.56-222.73-1,253.99-7,060.11
Free Cash Flow -6.69-4.26-118.11-664.95-3,743.77-21,077.91-118,671.29
WACC
PV LFCF -77.37-378.34-1,850.03-9,046.28-44,234.60
SUM PV LFCF -73,692.42

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 15.14
Free cash flow (t + 1) -121,044.72
Terminal Value -921,192.69
Present Value of Terminal Value -455,217.93

Intrinsic Value

Enterprise Value -528,910.34
Net Debt 18.87
Equity Value -528,929.21
Shares Outstanding 18.05
Equity Value Per Share -29,305.18