Discounted Cash Flow (DCF) Analysis Levered

Western Asset Global High Income Fu... (EHI)

$7.7

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: Infinity | 7.7 | 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 2.0729.910.4760.25-30.14-1,076.44-38,448.96-1,373,341.77-49,053,800.03-1,752,131,439.04
Revenue (%)
Operating Cash Flow 50.782.6244.09328.1924.94-26,608.89-950,431.39-33,948,047.28-1,212,575,598.58-43,311,462,663.57
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow ------26,608.89-950,431.39-33,948,047.28-1,212,575,598.58-43,311,462,663.57

Weighted Average Cost Of Capital

Share price $ 7.7
Beta 0.818
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 1.16%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.501
Total Debt 77
Total Equity -
Total Capital 77
Debt Weighting 100.00
Equity Weighting 0.00
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 2.0729.910.4760.25-30.14-1,076.44-38,448.96-1,373,341.77-49,053,800.03-1,752,131,439.04
Operating Cash Flow 50.782.6244.09328.1924.94-26,608.89-950,431.39-33,948,047.28-1,212,575,598.58-43,311,462,663.57
Capital Expenditure ----------
Free Cash Flow ------26,608.89-950,431.39-33,948,047.28-1,212,575,598.58-43,311,462,663.57
WACC
PV LFCF -26,303.77-928,759.20-32,793,542.71-1,157,906,632.87-40,884,505,291.77
SUM PV LFCF -42,076,160,530.32

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 1.16
Free cash flow (t + 1) -44,177,691,916.84
Terminal Value 5,259,249,037,718.74
Present Value of Terminal Value 4,964,547,071,143.87

Intrinsic Value

Enterprise Value 4,922,470,910,613.55
Net Debt 77
Equity Value 4,922,470,910,536.55
Shares Outstanding -
Equity Value Per Share Infinity