Discounted Cash Flow (DCF) Analysis Levered

Freshii Inc. (FRII.TO)

$2.29

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: 1.30 | 2.29 | 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 18.2521.6522.2313.6823.5726.8330.5334.7439.5344.99
Revenue (%)
Operating Cash Flow -1.094.075.770.37-0.202.182.482.823.213.66
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 -1.310.244.82-0.15-1.390.460.530.600.680.78

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 18.2521.6522.2313.6823.5726.8330.5334.7439.5344.99
Operating Cash Flow -1.094.075.770.37-0.202.182.482.823.213.66
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 -1.310.244.82-0.15-1.390.460.530.600.680.78
WACC
PV LFCF 0.390.420.450.480.52
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