Discounted Cash Flow (DCF) Analysis Levered

Gravity Co., Ltd. (GRVY)

$77.01

-0.06 (-0.08%)
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 286,770.42360,967.10405,953.02413,937.97463,617.87524,241.17592,791.66670,305.91757,956.02857,067.38
Revenue (%)
Operating Cash Flow 35,972.4626,371.2869,856.9074,182.9698,278.6579,870.5890,314.57102,124.22115,478.12130,578.20
Operating Cash Flow (%)
Capital Expenditure -2,250.32-2,342.87-3,695.92-4,211.34-2,795.05-4,156.66-4,700.19-5,314.80-6,009.77-6,795.61
Capital Expenditure (%)
Free Cash Flow 33,722.1524,028.4166,160.9969,971.6295,483.6175,713.9285,614.3796,809.43109,468.36123,782.59

Weighted Average Cost Of Capital

Share price $ 77.01
Beta 0.881
Diluted Shares Outstanding 6.95
Cost of Debt
Tax Rate 24.32
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.317
Total Debt -
Total Equity 535.13
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 286,770.42360,967.10405,953.02413,937.97463,617.87524,241.17592,791.66670,305.91757,956.02857,067.38
Operating Cash Flow 35,972.4626,371.2869,856.9074,182.9698,278.6579,870.5890,314.57102,124.22115,478.12130,578.20
Capital Expenditure -2,250.32-2,342.87-3,695.92-4,211.34-2,795.05-4,156.66-4,700.19-5,314.80-6,009.77-6,795.61
Free Cash Flow 33,722.1524,028.4166,160.9969,971.6295,483.6175,713.9285,614.3796,809.43109,468.36123,782.59
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 124,401.50
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -169,877.34
Equity Value -
Shares Outstanding 6.95
Equity Value Per Share -