Discounted Cash Flow (DCF) Analysis Levered

Electro-Sensors, Inc. (ELSE)

$4.99

+0.01 (+0.20%)
All numbers are in Millions, Currency in USD
Stock DCF: 4.34 | 4.99 | 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 $ 4.99
Beta 0.382
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 5.504
Total Debt -
Total Equity 17.19
Total Capital 17.19
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 (%) 5.50
Free cash flow (t + 1) 0.32
Terminal Value 9.11
Present Value of Terminal Value 6.97

Intrinsic Value

Enterprise Value 8.24
Net Debt -6.71
Equity Value 14.95
Shares Outstanding 3.44
Equity Value Per Share 4.34