Discounted Cash Flow (DCF) Analysis Levered

Electro-Sensors, Inc. (ELSE)

$5.06

+0.20 (+4.12%)
All numbers are in Millions, Currency in USD
Stock DCF: 4.31 | 5.06 | overvalue

Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 7.847.508.267.628.618.849.099.349.599.86
Revenue (%)
Operating Cash Flow 0.470.130.150.330.770.400.410.430.440.45
Operating Cash Flow (%)
Capital Expenditure -0.11-0.03-0.26-0.03-0.14-0.12-0.13-0.13-0.13-0.14
Capital Expenditure (%)
Free Cash Flow 0.350.10-0.110.310.630.280.290.300.300.31

Weighted Average Cost Of Capital

Share price $ 5.06
Beta 0.370
Diluted Shares Outstanding 3.44
Cost of Debt
Tax Rate 10.68
After-tax Cost of Debt 4.47%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.550
Total Debt -
Total Equity 17.43
Total Capital 17.43
Debt Weighting 0.00
Equity Weighting 100.00
Wacc

Build Up Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 7.847.508.267.628.618.849.099.349.599.86
Operating Cash Flow 0.470.130.150.330.770.400.410.430.440.45
Capital Expenditure -0.11-0.03-0.26-0.03-0.14-0.12-0.13-0.13-0.13-0.14
Free Cash Flow 0.350.10-0.110.310.630.280.290.300.300.31
WACC
PV LFCF 0.270.260.250.250.24
SUM PV LFCF 1.26

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.55
Free cash flow (t + 1) 0.32
Terminal Value 8.99
Present Value of Terminal Value 6.86

Intrinsic Value

Enterprise Value 8.12
Net Debt -6.71
Equity Value 14.83
Shares Outstanding 3.44
Equity Value Per Share 4.31