Discounted Cash Flow (DCF) Analysis Levered
Freshii Inc. (FRII.TO)
$2.29
0.00 (0.00%)
All numbers are in Millions, Currency in USD
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 | 18.25 | 21.65 | 22.23 | 13.68 | 23.57 | 26.83 | 30.53 | 34.74 | 39.53 | 44.99 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | -1.09 | 4.07 | 5.77 | 0.37 | -0.20 | 2.18 | 2.48 | 2.82 | 3.21 | 3.66 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -0.23 | -3.83 | -0.95 | -0.52 | -1.19 | -1.72 | -1.95 | -2.22 | -2.53 | -2.88 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -1.31 | 0.24 | 4.82 | -0.15 | -1.39 | 0.46 | 0.53 | 0.60 | 0.68 | 0.78 |
Weighted Average Cost Of Capital
Share price | $ 2.29 |
---|---|
Beta | 0.506 |
Diluted Shares Outstanding | 30.95 |
Cost of Debt | |
Tax Rate | -101.91 |
After-tax Cost of Debt | 3.50% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 6.203 |
Total Debt | 8.45 |
Total Equity | 70.87 |
Total Capital | 79.32 |
Debt Weighting | 10.65 |
Equity Weighting | 89.35 |
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 | 18.25 | 21.65 | 22.23 | 13.68 | 23.57 | 26.83 | 30.53 | 34.74 | 39.53 | 44.99 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | -1.09 | 4.07 | 5.77 | 0.37 | -0.20 | 2.18 | 2.48 | 2.82 | 3.21 | 3.66 |
Capital Expenditure | -0.23 | -3.83 | -0.95 | -0.52 | -1.19 | -1.72 | -1.95 | -2.22 | -2.53 | -2.88 |
Free Cash Flow | -1.31 | 0.24 | 4.82 | -0.15 | -1.39 | 0.46 | 0.53 | 0.60 | 0.68 | 0.78 |
WACC | ||||||||||
PV LFCF | 0.39 | 0.42 | 0.45 | 0.48 | 0.52 | |||||
SUM PV LFCF | 2.54 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 5.91 |
Free cash flow (t + 1) | 0.79 |
Terminal Value | 20.30 |
Present Value of Terminal Value | 15.24 |
Intrinsic Value
Enterprise Value | 17.78 |
---|---|
Net Debt | -22.30 |
Equity Value | 40.08 |
Shares Outstanding | 30.95 |
Equity Value Per Share | 1.30 |