Discounted Cash Flow (DCF) Analysis Levered

Caisse régionale de Crédit Agricole... (CRLO.PA)

54.15 €

-0.34 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: 7,156,047,238,980,086.00 | 54.15 | undervalue

Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 0.40608.69575.97603.45637.87245,455.1394,452,196.6036,345,613,737.9813,985,949,353,159.375,381,853,797,249,768
Revenue (%)
Operating Cash Flow 0.03105.01101.50144.03345.5459,687.1122,967,859.428,838,131,635.443,400,951,276,291.321,308,700,759,482,960.50
Operating Cash Flow (%)
Capital Expenditure -0.02-14.59-22.50-27.97-12.97-8,352.25-3,213,980.62-1,236,753,642.57-475,908,150,350.07-183,131,514,452,758.22
Capital Expenditure (%)
Free Cash Flow 0.0290.4179116.05332.5751,334.8719,753,878.807,601,377,992.862,925,043,125,941.251,125,569,245,030,202.25

Weighted Average Cost Of Capital

Share price $ 54.15
Beta 0.537
Diluted Shares Outstanding 8.10
Cost of Debt
Tax Rate 19.68
After-tax Cost of Debt 3.50%
Risk-Free Rate
Market Risk Premium
Cost of Equity 6.891
Total Debt 7,670.52
Total Equity 438.76
Total Capital 8,109.28
Debt Weighting 94.59
Equity Weighting 5.41
Wacc

Build Up Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 0.40608.69575.97603.45637.87245,455.1394,452,196.6036,345,613,737.9813,985,949,353,159.375,381,853,797,249,768
Operating Cash Flow 0.03105.01101.50144.03345.5459,687.1122,967,859.428,838,131,635.443,400,951,276,291.321,308,700,759,482,960.50
Capital Expenditure -0.02-14.59-22.50-27.97-12.97-8,352.25-3,213,980.62-1,236,753,642.57-475,908,150,350.07-183,131,514,452,758.22
Free Cash Flow 0.0290.4179116.05332.5751,334.8719,753,878.807,601,377,992.862,925,043,125,941.251,125,569,245,030,202.25
WACC
PV LFCF 49,512.8018,376,483.456,820,361,019.462,531,350,710,696.79939,501,061,931,955.25
SUM PV LFCF 942,039,251,429,667.75

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 3.68
Free cash flow (t + 1) 1,148,080,629,930,806.25
Terminal Value 68,338,132,733,976,568
Present Value of Terminal Value 57,041,135,903,011,576

Intrinsic Value

Enterprise Value 57,983,175,154,441,240
Net Debt 7,596.89
Equity Value 57,983,175,154,433,640
Shares Outstanding 8.10
Equity Value Per Share 7,156,047,238,980,086.00