Discounted Cash Flow (DCF) Analysis Levered

Western Asset Mortgage Opportunity ... (DMO)

$10.98

+0.01 (+0.09%)
All numbers are in Millions, Currency in USD
Stock DCF: -4.50 | 10.98 | overvalue

Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 40.7920.2623.44-29.66-3.84-0.50-0.06-0.01-0
Revenue (%)
Operating Cash Flow 28.6731.6636.9254.96-1.91-0.25-0.03-0-0
Operating Cash Flow (%)
Capital Expenditure ---------
Capital Expenditure (%)
Free Cash Flow -----1.91-0.25-0.03-0-0

Weighted Average Cost Of Capital

Share price $ 10.98
Beta 0.580
Diluted Shares Outstanding 10.44
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 3.60%
Risk-Free Rate
Market Risk Premium
Cost of Equity 6.242
Total Debt 45
Total Equity 114.67
Total Capital 159.67
Debt Weighting 28.18
Equity Weighting 71.82
Wacc

Build Up Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 40.7920.2623.44-29.66-3.84-0.50-0.06-0.01-0
Operating Cash Flow 28.6731.6636.9254.96-1.91-0.25-0.03-0-0
Capital Expenditure ---------
Free Cash Flow -----1.91-0.25-0.03-0-0
WACC
PV LFCF -1.91-0.23-0.03-0-0
SUM PV LFCF -2.06

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.50
Free cash flow (t + 1) -0
Terminal Value -0.02
Present Value of Terminal Value -0.01

Intrinsic Value

Enterprise Value -2.07
Net Debt 44.91
Equity Value -46.98
Shares Outstanding 10.44
Equity Value Per Share -4.50