Discounted Cash Flow (DCF) Analysis Levered

Crown Crafts, Inc. (CRWS)

$5.89

+0.01 (+0.17%)
All numbers are in Millions, Currency in USD
Stock DCF: 19.53 | 5.89 | 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 70.2776.3873.4079.1687.3692.3897.70103.31109.25115.54
Revenue (%)
Operating Cash Flow 2.458.978.538.748.268.759.259.7910.3510.94
Operating Cash Flow (%)
Capital Expenditure -0.22-0.75-0.71-0.73-0.53-0.70-0.74-0.78-0.83-0.88
Capital Expenditure (%)
Free Cash Flow 2.238.227.8387.738.058.5199.5210.07

Weighted Average Cost Of Capital

Share price $ 5.89
Beta 0.761
Diluted Shares Outstanding 10.08
Cost of Debt
Tax Rate 19.54
After-tax Cost of Debt -1.52%
Risk-Free Rate
Market Risk Premium
Cost of Equity 6.990
Total Debt 2.64
Total Equity 59.39
Total Capital 62.04
Debt Weighting 4.26
Equity Weighting 95.74
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 70.2776.3873.4079.1687.3692.3897.70103.31109.25115.54
Operating Cash Flow 2.458.978.538.748.268.759.259.7910.3510.94
Capital Expenditure -0.22-0.75-0.71-0.73-0.53-0.70-0.74-0.78-0.83-0.88
Free Cash Flow 2.238.227.8387.738.058.5199.5210.07
WACC
PV LFCF 7.557.497.437.367.30
SUM PV LFCF 37.13

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.63
Free cash flow (t + 1) 10.27
Terminal Value 221.80
Present Value of Terminal Value 160.90

Intrinsic Value

Enterprise Value 198.03
Net Debt 1.04
Equity Value 196.99
Shares Outstanding 10.08
Equity Value Per Share 19.53