Discounted Cash Flow (DCF) Analysis Levered

Chicken Soup for the Soul Entertain... (CSSEP)

$24.35

-0.26 (-1.06%)
All numbers are in Millions, Currency in USD
Stock DCF: -1,079.16 | 24.35 | overvalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 55.3666.36110.40157.99226.10323.57463.07662.70948.40
Revenue (%)
Operating Cash Flow -18.70-18.05-30.37-46.60-66.68-95.43-136.57-195.45-279.71
Operating Cash Flow (%)
Capital Expenditure --5.47-3.21-8.80-12.60-18.03-25.81-36.93-52.85
Capital Expenditure (%)
Free Cash Flow -18.70-23.51-33.58-55.40-79.28-113.46-162.38-232.38-332.56

Weighted Average Cost Of Capital

Share price $ 24.35
Beta 1.308
Diluted Shares Outstanding 3.51
Cost of Debt
Tax Rate 0.01
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.021
Total Debt -
Total Equity 85.47
Total Capital 85.47
Debt Weighting 0.00
Equity Weighting 100.00
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 55.3666.36110.40157.99226.10323.57463.07662.70948.40
Operating Cash Flow -18.70-18.05-30.37-46.60-66.68-95.43-136.57-195.45-279.71
Capital Expenditure --5.47-3.21-8.80-12.60-18.03-25.81-36.93-52.85
Free Cash Flow -18.70-23.51-33.58-55.40-79.28-113.46-162.38-232.38-332.56
WACC
PV LFCF -60.40-79.28-104.08-136.62-179.34-235.42
SUM PV LFCF -673.95

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 9.02
Free cash flow (t + 1) -339.21
Terminal Value -4,832.09
Present Value of Terminal Value -3,137.65

Intrinsic Value

Enterprise Value -3,811.60
Net Debt -23.48
Equity Value -3,788.12
Shares Outstanding 3.51
Equity Value Per Share -1,079.16