Discounted Cash Flow (DCF) Analysis Levered

Emerge Commerce Ltd. (ECOM.V)

$0.085

0.00 (0.00%)
Financial Summary
Financial Statements
Quarter Financials
Chart
Financial Ratios
Profile
Historical Data
DCFDCF Levered
All numbers are in Millions, Currency in USD
Stock DCF: 343.56 | 0.085 | undervalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 4.169.2034.83104.43313.11938.792,814.778,439.54
Revenue (%)
Operating Cash Flow 3.89-0.19-3.4328.3985.13255.26765.352,294.74
Operating Cash Flow (%)
Capital Expenditure -0.29-0.07-0.04-2.68-8.04-24.10-72.27-216.68
Capital Expenditure (%)
Free Cash Flow 3.60-0.25-3.4725.7177.10231.16693.082,078.06

Weighted Average Cost Of Capital

Share price $ 0.085
Beta 0.918
Diluted Shares Outstanding 95.04
Cost of Debt
Tax Rate 6.11
After-tax Cost of Debt 6.68%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.895
Total Debt 24.50
Total Equity 8.08
Total Capital 32.58
Debt Weighting 75.21
Equity Weighting 24.79
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
Revenue 4.169.2034.83104.43313.11938.792,814.778,439.54
Operating Cash Flow 3.89-0.19-3.4328.3985.13255.26765.352,294.74
Capital Expenditure -0.29-0.07-0.04-2.68-8.04-24.10-72.27-216.68
Free Cash Flow 3.60-0.25-3.4725.7177.10231.16693.082,078.06
WACC
PV LFCF 27.5177.10216.07605.591,697.26
SUM PV LFCF 2,292.35

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.98
Free cash flow (t + 1) 2,119.62
Terminal Value 42,562.59
Present Value of Terminal Value 30,374.91

Intrinsic Value

Enterprise Value 32,667.26
Net Debt 16.74
Equity Value 32,650.53
Shares Outstanding 95.04
Equity Value Per Share 343.56