Discounted Cash Flow (DCF) Analysis Levered
EZFill Holdings Inc. (EZFL)
$0.46
-0.03 (-6.12%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 3.59 | 7.23 | 14.59 | 29.43 | 59.37 | 119.76 | 241.58 |
|---|---|---|---|---|---|---|---|
| Revenue (%) | |||||||
| Operating Cash Flow | -1.61 | -6.31 | -9.63 | -19.43 | -39.19 | -79.05 | -159.45 |
| Operating Cash Flow (%) | |||||||
| Capital Expenditure | -0.02 | -2.02 | -2.08 | -4.20 | -8.48 | -17.10 | -34.50 |
| Capital Expenditure (%) | |||||||
| Free Cash Flow | -1.63 | -8.32 | -11.72 | -23.63 | -47.67 | -96.15 | -193.95 |
Weighted Average Cost Of Capital
| Share price | $ 0.46 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 25 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 162.90% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.532 |
| Total Debt | 0.48 |
| Total Equity | 11.50 |
| Total Capital | 11.98 |
| Debt Weighting | 3.98 |
| Equity Weighting | 96.02 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 3.59 | 7.23 | 14.59 | 29.43 | 59.37 | 119.76 | 241.58 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -1.61 | -6.31 | -9.63 | -19.43 | -39.19 | -79.05 | -159.45 |
| Capital Expenditure | -0.02 | -2.02 | -2.08 | -4.20 | -8.48 | -17.10 | -34.50 |
| Free Cash Flow | -1.63 | -8.32 | -11.72 | -23.63 | -47.67 | -96.15 | -193.95 |
| WACC | |||||||
| PV LFCF | -14.14 | -25.96 | -47.67 | -87.51 | -160.67 | ||
| SUM PV LFCF | -253.31 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 9.87 |
| Free cash flow (t + 1) | -197.83 |
| Terminal Value | -2,513.72 |
| Present Value of Terminal Value | -1,570.08 |
Intrinsic Value
| Enterprise Value | -1,823.38 |
|---|---|
| Net Debt | -13.08 |
| Equity Value | -1,810.30 |
| Shares Outstanding | 25 |
| Equity Value Per Share | -72.41 |