Discounted Cash Flow (DCF) Analysis Levered

DoubleLine Income Solutions Fund (DSL)

$11.87

+0.08 (+0.68%)
Financial Summary
Financial Statements
Quarter Financials
Chart
Financial Ratios
Profile
Historical Data
DCFDCF Levered
All numbers are in Millions, Currency in USD
Stock DCF: 453.77 | 11.87 | 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 52.2260.94-115.72361.14-459.05588.03-753.24964.87-1,235.961,583.22
Revenue (%)
Operating Cash Flow 148.85256.02376.4737.91436.83347.13-444.66569.59-729.63934.62
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow -----347.13-444.66569.59-729.63934.62

Weighted Average Cost Of Capital

Share price $ 11.87
Beta 0.000
Diluted Shares Outstanding 101.91
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 2.03%
Risk-Free Rate
Market Risk Premium
Cost of Equity 4.438
Total Debt 510
Total Equity 1,209.67
Total Capital 1,719.67
Debt Weighting 29.66
Equity Weighting 70.34
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 52.2260.94-115.72361.14-459.05588.03-753.24964.87-1,235.961,583.22
Operating Cash Flow 148.85256.02376.4737.91436.83347.13-444.66569.59-729.63934.62
Capital Expenditure ----------
Free Cash Flow -----347.13-444.66569.59-729.63934.62
WACC
PV LFCF 334.68-413.34510.48-630.45778.62
SUM PV LFCF 579.99

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 3.72
Free cash flow (t + 1) 953.31
Terminal Value 55,425.28
Present Value of Terminal Value 46,173.77

Intrinsic Value

Enterprise Value 46,753.76
Net Debt 509.73
Equity Value 46,244.03
Shares Outstanding 101.91
Equity Value Per Share 453.77