Discounted Cash Flow (DCF) Analysis Levered
eHealth, Inc. (EHTH)
$8.43
+1.56 (+22.71%)
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 | 251.40 | 506.20 | 582.77 | 538.20 | 405.36 | 490.63 | 593.85 | 718.79 | 870.01 | 1,053.04 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -3.23 | -71.49 | -107.86 | -162.62 | -26.87 | -69.44 | -84.04 | -101.72 | -123.12 | -149.03 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -10.83 | -16.87 | -23.76 | -20.86 | -15.51 | -19.05 | -23.06 | -27.91 | -33.79 | -40.89 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -14.06 | -88.36 | -131.62 | -183.48 | -42.38 | -88.49 | -107.11 | -129.64 | -156.91 | -189.92 |
Weighted Average Cost Of Capital
| Share price | $ 8.43 |
|---|---|
| Beta | 0.581 |
| Diluted Shares Outstanding | 26.78 |
| Cost of Debt | |
| Tax Rate | 16.61 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 6.433 |
| Total Debt | 106.80 |
| Total Equity | 225.76 |
| Total Capital | 332.57 |
| Debt Weighting | 32.11 |
| Equity Weighting | 67.89 |
| 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 | 251.40 | 506.20 | 582.77 | 538.20 | 405.36 | 490.63 | 593.85 | 718.79 | 870.01 | 1,053.04 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -3.23 | -71.49 | -107.86 | -162.62 | -26.87 | -69.44 | -84.04 | -101.72 | -123.12 | -149.03 |
| Capital Expenditure | -10.83 | -16.87 | -23.76 | -20.86 | -15.51 | -19.05 | -23.06 | -27.91 | -33.79 | -40.89 |
| Free Cash Flow | -14.06 | -88.36 | -131.62 | -183.48 | -42.38 | -88.49 | -107.11 | -129.64 | -156.91 | -189.92 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | -193.72 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -37.60 |
| Equity Value | - |
| Shares Outstanding | 26.78 |
| Equity Value Per Share | - |