Discounted Cash Flow (DCF) Analysis Levered
Gravity Co., Ltd. (GRVY)
$47.32
-1.93 (-3.92%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
Revenue | 141,623 | 286,770 | 360,967 | 405,953 | 413,937.97 | 561,704.77 | 762,221.09 | 1,034,317.34 | 1,403,545.99 | 1,904,581.20 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 26,136 | 35,972 | 26,371 | 69,856 | 74,182.96 | 82,495.68 | 111,944.83 | 151,906.69 | 206,134.06 | 279,719.40 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -2,064 | -2,249 | -2,343 | -3,696 | -4,211.34 | -5,413.22 | -7,345.62 | -9,967.85 | -13,526.16 | -18,354.70 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 24,072 | 33,723 | 24,028 | 66,160 | 69,971.62 | 77,082.46 | 104,599.21 | 141,938.84 | 192,607.90 | 261,364.71 |
Weighted Average Cost Of Capital
Share price | $ 47.32 |
---|---|
Beta | 0.040 |
Diluted Shares Outstanding | 107.49 |
Cost of Debt | |
Tax Rate | 33.59 |
After-tax Cost of Debt | -% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 3.825 |
Total Debt | - |
Total Equity | 5,086.24 |
Total Capital | - |
Debt Weighting | - |
Equity Weighting | - |
Wacc |
Build Up Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
Revenue | 141,623 | 286,770 | 360,967 | 405,953 | 413,937.97 | 561,704.77 | 762,221.09 | 1,034,317.34 | 1,403,545.99 | 1,904,581.20 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 26,136 | 35,972 | 26,371 | 69,856 | 74,182.96 | 82,495.68 | 111,944.83 | 151,906.69 | 206,134.06 | 279,719.40 |
Capital Expenditure | -2,064 | -2,249 | -2,343 | -3,696 | -4,211.34 | -5,413.22 | -7,345.62 | -9,967.85 | -13,526.16 | -18,354.70 |
Free Cash Flow | 24,072 | 33,723 | 24,028 | 66,160 | 69,971.62 | 77,082.46 | 104,599.21 | 141,938.84 | 192,607.90 | 261,364.71 |
WACC | ||||||||||
PV LFCF | - | - | - | - | - | |||||
SUM PV LFCF | - |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | - |
Free cash flow (t + 1) | 266,592 |
Terminal Value | - |
Present Value of Terminal Value | - |
Intrinsic Value
Enterprise Value | - |
---|---|
Net Debt | -99,104.94 |
Equity Value | - |
Shares Outstanding | 107.49 |
Equity Value Per Share | - |