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
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 | 2.07 | 29.91 | 0.47 | 60.25 | -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 | 50.78 | 2.62 | 44.09 | 328.19 | 24.94 | -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 | 2.07 | 29.91 | 0.47 | 60.25 | -30.14 | -1,076.44 | -38,448.96 | -1,373,341.77 | -49,053,800.03 | -1,752,131,439.04 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 50.78 | 2.62 | 44.09 | 328.19 | 24.94 | -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 |