Discounted Cash Flow (DCF) Analysis Levered
Deep Industries Limited (DEEPINDS.NS)
281.4 ₹
-15.00 (-5.06%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 3,126.75 | 3,175.04 | 2,618.47 | 2,409.19 | 2,216.63 | 2,039.46 | 1,876.46 | 1,726.48 | 1,588.49 | 1,461.53 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 2,000.51 | 918.76 | 471.07 | 890.66 | 819.47 | 753.97 | 693.71 | 638.27 | 587.25 | 540.32 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.42 | -7.55 | -718.34 | -222.33 | -204.56 | -188.21 | -173.17 | -159.33 | -146.59 | -134.87 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 2,000.10 | 911.20 | -247.27 | 668.33 | 614.91 | 565.77 | 520.55 | 478.94 | 440.66 | 405.44 |
Weighted Average Cost Of Capital
| Share price | $ 281.4 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 32 |
| Cost of Debt | |
| Tax Rate | 20.48 |
| After-tax Cost of Debt | 11.93% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.529 |
| Total Debt | 317.92 |
| Total Equity | 9,004.80 |
| Total Capital | 9,322.72 |
| Debt Weighting | 3.41 |
| Equity Weighting | 96.59 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 3,126.75 | 3,175.04 | 2,618.47 | 2,409.19 | 2,216.63 | 2,039.46 | 1,876.46 | 1,726.48 | 1,588.49 | 1,461.53 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 2,000.51 | 918.76 | 471.07 | 890.66 | 819.47 | 753.97 | 693.71 | 638.27 | 587.25 | 540.32 |
| Capital Expenditure | -0.42 | -7.55 | -718.34 | -222.33 | -204.56 | -188.21 | -173.17 | -159.33 | -146.59 | -134.87 |
| Free Cash Flow | 2,000.10 | 911.20 | -247.27 | 668.33 | 614.91 | 565.77 | 520.55 | 478.94 | 440.66 | 405.44 |
| WACC | ||||||||||
| PV LFCF | 575.26 | 509.81 | 451.80 | 400.40 | 354.84 | 314.47 | 278.69 | |||
| SUM PV LFCF | 2,171.33 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 3.82 |
| Free cash flow (t + 1) | 413.55 |
| Terminal Value | 22,722.49 |
| Present Value of Terminal Value | 18,838.70 |
Intrinsic Value
| Enterprise Value | 21,010.02 |
|---|---|
| Net Debt | 197.77 |
| Equity Value | 20,812.25 |
| Shares Outstanding | 32 |
| Equity Value Per Share | 650.38 |