Discounted Cash Flow (DCF) Analysis Levered

Graphic Packaging Holding Company (GPK)

$21.83

-0.01 (-0.05%)
All numbers are in Millions, Currency in USD
Stock DCF: -Infinity | 21.83 | overvalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 6,160.106,559.907,1569,440131114.2699.6686.9275.8166.12
Revenue (%)
Operating Cash Flow 665.80845.606091,09014.3312.5010.909.518.297.23
Operating Cash Flow (%)
Capital Expenditure -352.90-646.30-802-549-10.68-9.31-8.12-7.09-6.18-5.39
Capital Expenditure (%)
Free Cash Flow 312.90199.30-1935413.653.192.782.422.111.84

Weighted Average Cost Of Capital

Share price $ 21.83
Beta 0.983
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 27.37
After-tax Cost of Debt 2.72%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.444
Total Debt 5,253
Total Equity -
Total Capital 5,253
Debt Weighting 100.00
Equity Weighting 0.00
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 6,160.106,559.907,1569,440131114.2699.6686.9275.8166.12
Operating Cash Flow 665.80845.606091,09014.3312.5010.909.518.297.23
Capital Expenditure -352.90-646.30-802-549-10.68-9.31-8.12-7.09-6.18-5.39
Free Cash Flow 312.90199.30-1935413.653.192.782.422.111.84
WACC
PV LFCF 2.712.301.961.661.41
SUM PV LFCF 11.48

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 2.72
Free cash flow (t + 1) 1.88
Terminal Value 261.16
Present Value of Terminal Value 228.37

Intrinsic Value

Enterprise Value 239.85
Net Debt 5,103
Equity Value -4,863.15
Shares Outstanding -
Equity Value Per Share -Infinity