Discounted Cash Flow (DCF) Analysis Levered
Flux Power Holdings, Inc. (FLUX)
$3.65
+0.05 (+1.39%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 4.12 | 9.32 | 16.84 | 26.26 | 42.33 | 76.64 | 138.74 | 251.17 | 454.72 | 823.20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -6.50 | -10.71 | -8.34 | -18.36 | -23.89 | -68.78 | -124.51 | -225.41 | -408.08 | -738.77 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.09 | -0.28 | -0.32 | -1.10 | -0.80 | -1.99 | -3.61 | -6.54 | -11.83 | -21.42 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -6.58 | -10.99 | -8.67 | -19.46 | -24.69 | -70.77 | -128.12 | -231.95 | -419.91 | -760.19 |
Weighted Average Cost Of Capital
| Share price | $ 3.65 |
|---|---|
| Beta | 1.146 |
| Diluted Shares Outstanding | 15.44 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 3.25% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.219 |
| Total Debt | 7.75 |
| Total Equity | 56.35 |
| Total Capital | 64.11 |
| Debt Weighting | 12.10 |
| Equity Weighting | 87.90 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 4.12 | 9.32 | 16.84 | 26.26 | 42.33 | 76.64 | 138.74 | 251.17 | 454.72 | 823.20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -6.50 | -10.71 | -8.34 | -18.36 | -23.89 | -68.78 | -124.51 | -225.41 | -408.08 | -738.77 |
| Capital Expenditure | -0.09 | -0.28 | -0.32 | -1.10 | -0.80 | -1.99 | -3.61 | -6.54 | -11.83 | -21.42 |
| Free Cash Flow | -6.58 | -10.99 | -8.67 | -19.46 | -24.69 | -70.77 | -128.12 | -231.95 | -419.91 | -760.19 |
| WACC | ||||||||||
| PV LFCF | -65.23 | -108.83 | -181.59 | -303 | -505.56 | |||||
| SUM PV LFCF | -1,164.22 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 8.50 |
| Free cash flow (t + 1) | -775.39 |
| Terminal Value | -11,929.15 |
| Present Value of Terminal Value | -7,933.43 |
Intrinsic Value
| Enterprise Value | -9,097.64 |
|---|---|
| Net Debt | 7.27 |
| Equity Value | -9,104.91 |
| Shares Outstanding | 15.44 |
| Equity Value Per Share | -589.71 |