Discounted Cash Flow (DCF) Analysis Levered
EnSync, Inc. (ESNC)
$0.000001
-0.00 (-99.00%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2014 Actual | 2015 Actual | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected |
| Revenue | 7.85 | 1.76 | 2.10 | 12.49 | 11.93 | 24.82 | 51.62 | 107.38 | 223.35 | 464.56 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -5.69 | -11.17 | -12.89 | -7.21 | -10.16 | -72.58 | -150.96 | -314.01 | -653.13 | -1,358.52 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.05 | -0.43 | -0.41 | -0.05 | -0.29 | -2.34 | -4.86 | -10.11 | -21.02 | -43.73 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -5.74 | -11.59 | -13.29 | -7.26 | -10.45 | -74.92 | -155.82 | -324.11 | -674.16 | -1,402.25 |
Weighted Average Cost Of Capital
| Share price | $ 0.000,001 |
|---|---|
| Beta | 29.263 |
| Diluted Shares Outstanding | 56 |
| Cost of Debt | |
| Tax Rate | 4.13 |
| After-tax Cost of Debt | 11.12% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 142.560 |
| Total Debt | 0.33 |
| Total Equity | 0 |
| Total Capital | 0.33 |
| Debt Weighting | 99.98 |
| Equity Weighting | 0.02 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2014 Actual | 2015 Actual | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected |
| Revenue | 7.85 | 1.76 | 2.10 | 12.49 | 11.93 | 24.82 | 51.62 | 107.38 | 223.35 | 464.56 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -5.69 | -11.17 | -12.89 | -7.21 | -10.16 | -72.58 | -150.96 | -314.01 | -653.13 | -1,358.52 |
| Capital Expenditure | -0.05 | -0.43 | -0.41 | -0.05 | -0.29 | -2.34 | -4.86 | -10.11 | -21.02 | -43.73 |
| Free Cash Flow | -5.74 | -11.59 | -13.29 | -7.26 | -10.45 | -74.92 | -155.82 | -324.11 | -674.16 | -1,402.25 |
| WACC | ||||||||||
| PV LFCF | -67.41 | -126.15 | -236.09 | -441.85 | -826.94 | |||||
| SUM PV LFCF | -1,698.44 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 11.14 |
| Free cash flow (t + 1) | -1,430.29 |
| Terminal Value | -15,648.70 |
| Present Value of Terminal Value | -9,228.40 |
Intrinsic Value
| Enterprise Value | -10,926.84 |
|---|---|
| Net Debt | -2.65 |
| Equity Value | -10,924.19 |
| Shares Outstanding | 56 |
| Equity Value Per Share | -195.06 |