Discounted Cash Flow (DCF) Analysis Levered
Chart Industries, Inc. (GTLS)
$202.61
-0.70 (-0.34%)
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 | 988.80 | 1,084.30 | 1,299.10 | 1,177.10 | 1,317.70 | 1,423.19 | 1,537.12 | 1,660.17 | 1,793.08 | 1,936.62 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 47 | 88.80 | 133.90 | 172.70 | -21.30 | 103.34 | 111.61 | 120.55 | 130.20 | 140.62 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -35.20 | -35.60 | -36.20 | -37.90 | -52.70 | -47.96 | -51.80 | -55.94 | -60.42 | -65.26 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 11.80 | 53.20 | 97.70 | 134.80 | -74 | 55.38 | 59.81 | 64.60 | 69.77 | 75.36 |
Weighted Average Cost Of Capital
Share price | $ 202.61 |
---|---|
Beta | 1.514 |
Diluted Shares Outstanding | 36.45 |
Cost of Debt | |
Tax Rate | 20.24 |
After-tax Cost of Debt | 1.42% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 9.995 |
Total Debt | 600.80 |
Total Equity | 7,385.13 |
Total Capital | 7,985.93 |
Debt Weighting | 7.52 |
Equity Weighting | 92.48 |
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 | 988.80 | 1,084.30 | 1,299.10 | 1,177.10 | 1,317.70 | 1,423.19 | 1,537.12 | 1,660.17 | 1,793.08 | 1,936.62 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 47 | 88.80 | 133.90 | 172.70 | -21.30 | 103.34 | 111.61 | 120.55 | 130.20 | 140.62 |
Capital Expenditure | -35.20 | -35.60 | -36.20 | -37.90 | -52.70 | -47.96 | -51.80 | -55.94 | -60.42 | -65.26 |
Free Cash Flow | 11.80 | 53.20 | 97.70 | 134.80 | -74 | 55.38 | 59.81 | 64.60 | 69.77 | 75.36 |
WACC | ||||||||||
PV LFCF | 50.64 | 50.02 | 49.41 | 48.80 | 48.20 | |||||
SUM PV LFCF | 247.07 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 9.35 |
Free cash flow (t + 1) | 76.87 |
Terminal Value | 1,045.80 |
Present Value of Terminal Value | 668.89 |
Intrinsic Value
Enterprise Value | 915.96 |
---|---|
Net Debt | 478.60 |
Equity Value | 437.36 |
Shares Outstanding | 36.45 |
Equity Value Per Share | 12.00 |