Discounted Cash Flow (DCF) Analysis Levered
Galimmo SCA (GALIM.PA)
15.1 €
+0.10 (+0.00%)
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 | 37.20 | 41.65 | 35.73 | 41.80 | 44.67 | 47.08 | 49.63 | 52.31 | 55.13 | 58.11 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 10.12 | 25.91 | 13.96 | 22.40 | 32.84 | 24.07 | 25.37 | 26.74 | 28.18 | 29.71 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -21.67 | -54.56 | -33.81 | -39.55 | -42.27 | -44.55 | -46.96 | -49.50 | -52.17 | -54.99 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -11.56 | -28.64 | -19.85 | -17.15 | -9.43 | -20.48 | -21.59 | -22.76 | -23.98 | -25.28 |
Weighted Average Cost Of Capital
| Share price | $ 15.1 |
|---|---|
| Beta | 0.075 |
| Diluted Shares Outstanding | 31.59 |
| Cost of Debt | |
| Tax Rate | 27.90 |
| After-tax Cost of Debt | 1.67% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 4.972 |
| Total Debt | 204.29 |
| Total Equity | 477.07 |
| Total Capital | 681.36 |
| Debt Weighting | 29.98 |
| Equity Weighting | 70.02 |
| 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 | 37.20 | 41.65 | 35.73 | 41.80 | 44.67 | 47.08 | 49.63 | 52.31 | 55.13 | 58.11 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 10.12 | 25.91 | 13.96 | 22.40 | 32.84 | 24.07 | 25.37 | 26.74 | 28.18 | 29.71 |
| Capital Expenditure | -21.67 | -54.56 | -33.81 | -39.55 | -42.27 | -44.55 | -46.96 | -49.50 | -52.17 | -54.99 |
| Free Cash Flow | -11.56 | -28.64 | -19.85 | -17.15 | -9.43 | -20.48 | -21.59 | -22.76 | -23.98 | -25.28 |
| WACC | ||||||||||
| PV LFCF | -19.70 | -19.97 | -20.24 | -20.52 | -20.80 | |||||
| SUM PV LFCF | -101.22 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 3.98 |
| Free cash flow (t + 1) | -25.79 |
| Terminal Value | -1,302.30 |
| Present Value of Terminal Value | -1,071.42 |
Intrinsic Value
| Enterprise Value | -1,172.65 |
|---|---|
| Net Debt | 142.38 |
| Equity Value | -1,315.03 |
| Shares Outstanding | 31.59 |
| Equity Value Per Share | -41.62 |