Discounted Cash Flow (DCF) Analysis Levered
Dogness (International) Corporation (DOGZ)
$2.955
+0.01 (+0.17%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Actual | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected | 2028 Projected |
| Revenue | 26.22 | 19.17 | 24.32 | 27.10 | 17.58 | 16.54 | 15.56 | 14.64 | 13.77 | 12.96 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -1.27 | -2.21 | 3.75 | 6.16 | -8.90 | -0.95 | -0.90 | -0.84 | -0.79 | -0.75 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -16.73 | -9.44 | -14.45 | -15.26 | -1.52 | -7.86 | -7.39 | -6.95 | -6.54 | -6.15 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -18 | -11.66 | -10.69 | -9.10 | -10.42 | -8.81 | -8.29 | -7.80 | -7.33 | -6.90 |
Weighted Average Cost Of Capital
| Share price | $ 2.955 |
|---|---|
| Beta | 0.926 |
| Diluted Shares Outstanding | 39.67 |
| Cost of Debt | |
| Tax Rate | 17.11 |
| After-tax Cost of Debt | 3.51% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 8.609 |
| Total Debt | 18.47 |
| Total Equity | 117.22 |
| Total Capital | 135.69 |
| Debt Weighting | 13.61 |
| Equity Weighting | 86.39 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Actual | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected | 2028 Projected |
| Revenue | 26.22 | 19.17 | 24.32 | 27.10 | 17.58 | 16.54 | 15.56 | 14.64 | 13.77 | 12.96 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -1.27 | -2.21 | 3.75 | 6.16 | -8.90 | -0.95 | -0.90 | -0.84 | -0.79 | -0.75 |
| Capital Expenditure | -16.73 | -9.44 | -14.45 | -15.26 | -1.52 | -7.86 | -7.39 | -6.95 | -6.54 | -6.15 |
| Free Cash Flow | -18 | -11.66 | -10.69 | -9.10 | -10.42 | -8.81 | -8.29 | -7.80 | -7.33 | -6.90 |
| WACC | ||||||||||
| PV LFCF | -8.16 | -7.12 | -6.20 | -5.41 | -4.71 | |||||
| SUM PV LFCF | -31.60 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 7.92 |
| Free cash flow (t + 1) | -7.04 |
| Terminal Value | -118.88 |
| Present Value of Terminal Value | -81.21 |
Intrinsic Value
| Enterprise Value | -112.81 |
|---|---|
| Net Debt | 13.98 |
| Equity Value | -126.79 |
| Shares Outstanding | 39.67 |
| Equity Value Per Share | -3.20 |