Discounted Cash Flow (DCF) Analysis Levered
GLG Life Tech Corporation (GLG.TO)
$0.045
-0.01 (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 | 16.58 | 10.15 | 15.29 | 10.88 | 10.92 | 10.47 | 10.03 | 9.62 | 9.22 | 8.84 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 1.25 | -0.75 | -8.33 | 0.22 | -0.25 | -1.14 | -1.10 | -1.05 | -1.01 | -0.96 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -0.66 | -0.14 | -0.01 | -0.13 | -0.01 | -0.14 | -0.13 | -0.13 | -0.12 | -0.12 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 0.60 | -0.89 | -8.34 | 0.09 | -0.27 | -1.28 | -1.23 | -1.18 | -1.13 | -1.08 |
Weighted Average Cost Of Capital
Share price | $ 0.045 |
---|---|
Beta | 1.826 |
Diluted Shares Outstanding | 38.39 |
Cost of Debt | |
Tax Rate | -1.84 |
After-tax Cost of Debt | 28.75% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 12.975 |
Total Debt | 111.84 |
Total Equity | 1.73 |
Total Capital | 113.57 |
Debt Weighting | 98.48 |
Equity Weighting | 1.52 |
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 | 16.58 | 10.15 | 15.29 | 10.88 | 10.92 | 10.47 | 10.03 | 9.62 | 9.22 | 8.84 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 1.25 | -0.75 | -8.33 | 0.22 | -0.25 | -1.14 | -1.10 | -1.05 | -1.01 | -0.96 |
Capital Expenditure | -0.66 | -0.14 | -0.01 | -0.13 | -0.01 | -0.14 | -0.13 | -0.13 | -0.12 | -0.12 |
Free Cash Flow | 0.60 | -0.89 | -8.34 | 0.09 | -0.27 | -1.28 | -1.23 | -1.18 | -1.13 | -1.08 |
WACC | ||||||||||
PV LFCF | -1 | -0.74 | -0.56 | -0.41 | -0.31 | |||||
SUM PV LFCF | -3.02 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 28.51 |
Free cash flow (t + 1) | -1.09 |
Terminal Value | -3.88 |
Present Value of Terminal Value | -1.11 |
Intrinsic Value
Enterprise Value | -4.13 |
---|---|
Net Debt | 111.60 |
Equity Value | -115.73 |
Shares Outstanding | 38.39 |
Equity Value Per Share | -3.01 |