Discounted Cash Flow (DCF) Analysis Levered

abrdn Asia-Pacific Income Fund VCC (FAP.TO)

$2.65

+0.02 (+0.76%)
Financial Summary
Financial Statements
Quarter Financials
Chart
Financial Ratios
Profile
Historical Data
DCFDCF Levered
All numbers are in Millions, Currency in USD
Stock DCF: -15.31 | 2.65 | 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 5.21-25.2835.12-9.45-4.356.59-9.9715.08-22.8334.54
Revenue (%)
Operating Cash Flow 17.3747.418.6838.152.54-3.845.81-8.7913.30-20.12
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow ------3.845.81-8.7913.30-20.12

Weighted Average Cost Of Capital

Share price $ 2.65
Beta 0.509
Diluted Shares Outstanding 50.74
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 1.50%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.919
Total Debt 74.12
Total Equity 134.47
Total Capital 208.60
Debt Weighting 35.53
Equity Weighting 64.47
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 5.21-25.2835.12-9.45-4.356.59-9.9715.08-22.8334.54
Operating Cash Flow 17.3747.418.6838.152.54-3.845.81-8.7913.30-20.12
Capital Expenditure ----------
Free Cash Flow ------3.845.81-8.7913.30-20.12
WACC
PV LFCF -3.685.33-7.7311.21-16.26
SUM PV LFCF -11.13

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 4.35
Free cash flow (t + 1) -20.52
Terminal Value -873.28
Present Value of Terminal Value -705.82

Intrinsic Value

Enterprise Value -716.94
Net Debt 59.98
Equity Value -776.92
Shares Outstanding 50.74
Equity Value Per Share -15.31