Discounted Cash Flow (DCF) Analysis Levered

Esperite N.V. (ESP.AS)

0.0092 €

0.00 (0.00%)
Financial Summary
Financial Statements
Quarter Financials
Chart
Financial Ratios
Profile
Historical Data
DCFDCF Levered
All numbers are in Millions, Currency in USD
Stock DCF: -1.12 | 0.0092 | overvalue

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 27.6127.5226.2516.5511.849.768.046.635.464.50
Revenue (%)
Operating Cash Flow -3.07-0.180.90-3.52-14.39-2.95-2.43-2-1.65-1.36
Operating Cash Flow (%)
Capital Expenditure -1.77-2.34-1.46-0.79-0.75-0.62-0.51-0.42-0.35-0.28
Capital Expenditure (%)
Free Cash Flow -4.84-2.52-0.56-4.31-15.14-3.57-2.94-2.42-2-1.64

Weighted Average Cost Of Capital

Share price $ 0.0,092
Beta 1.659
Diluted Shares Outstanding 31.91
Cost of Debt
Tax Rate 0.38
After-tax Cost of Debt 9.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 11.524
Total Debt 10.98
Total Equity 0.29
Total Capital 11.28
Debt Weighting 97.40
Equity Weighting 2.60
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 27.6127.5226.2516.5511.849.768.046.635.464.50
Operating Cash Flow -3.07-0.180.90-3.52-14.39-2.95-2.43-2-1.65-1.36
Capital Expenditure -1.77-2.34-1.46-0.79-0.75-0.62-0.51-0.42-0.35-0.28
Free Cash Flow -4.84-2.52-0.56-4.31-15.14-3.57-2.94-2.42-2-1.64
WACC
PV LFCF -3.27-2.47-1.87-1.41-1.07
SUM PV LFCF -10.08

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 9.06
Free cash flow (t + 1) -1.68
Terminal Value -23.77
Present Value of Terminal Value -15.40

Intrinsic Value

Enterprise Value -25.49
Net Debt 10.21
Equity Value -35.70
Shares Outstanding 31.91
Equity Value Per Share -1.12