Discounted Cash Flow (DCF) Analysis Levered
Gentex Corporation (GNTX)
$26.78
+0.17 (+0.64%)
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 | 1,834.06 | 1,858.90 | 1,688.19 | 1,731.17 | 1,918.96 | 1,945.65 | 1,972.72 | 2,000.16 | 2,027.98 | 2,056.19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 552.42 | 505.97 | 464.49 | 362.17 | 338.20 | 480.18 | 486.86 | 493.63 | 500.49 | 507.46 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -85.99 | -84.58 | -51.71 | -68.84 | -78.09 | -79.18 | -80.28 | -81.39 | -82.53 | -83.67 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 466.43 | 421.39 | 412.79 | 293.33 | 260.11 | 401 | 406.58 | 412.23 | 417.97 | 423.78 |
Weighted Average Cost Of Capital
| Share price | $ 26.78 |
|---|---|
| Beta | 0.911 |
| Diluted Shares Outstanding | 240.51 |
| Cost of Debt | |
| Tax Rate | 13.78 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 7.678 |
| Total Debt | - |
| Total Equity | 6,440.93 |
| Total Capital | - |
| Debt Weighting | - |
| Equity Weighting | - |
| 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 | 1,834.06 | 1,858.90 | 1,688.19 | 1,731.17 | 1,918.96 | 1,945.65 | 1,972.72 | 2,000.16 | 2,027.98 | 2,056.19 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 552.42 | 505.97 | 464.49 | 362.17 | 338.20 | 480.18 | 486.86 | 493.63 | 500.49 | 507.46 |
| Capital Expenditure | -85.99 | -84.58 | -51.71 | -68.84 | -78.09 | -79.18 | -80.28 | -81.39 | -82.53 | -83.67 |
| Free Cash Flow | 466.43 | 421.39 | 412.79 | 293.33 | 260.11 | 401 | 406.58 | 412.23 | 417.97 | 423.78 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | 432.26 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -214.75 |
| Equity Value | - |
| Shares Outstanding | 240.51 |
| Equity Value Per Share | - |