Discounted Cash Flow (DCF) Analysis Levered
Huttig Building Products, Inc. (HBP)
$10.7
0.00 (0.00%)
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 | 753.20 | 839.60 | 812 | 792.30 | 937 | 993.27 | 1,052.92 | 1,116.15 | 1,183.17 | 1,254.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -38.10 | -27 | 6.20 | 42.60 | 0.03 | -4.23 | -4.49 | -4.76 | -5.04 | -5.35 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -6.10 | -7.80 | -1.70 | -1.70 | -0 | -4.30 | -4.55 | -4.83 | -5.12 | -5.43 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -44.20 | -34.80 | 4.50 | 40.90 | 0.03 | -8.53 | -9.04 | -9.59 | -10.16 | -10.77 |
Weighted Average Cost Of Capital
| Share price | $ 10.7 |
|---|---|
| Beta | 2.568 |
| Diluted Shares Outstanding | 27.50 |
| Cost of Debt | |
| Tax Rate | 3.92 |
| After-tax Cost of Debt | 4.09% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 16.374 |
| Total Debt | 127 |
| Total Equity | 294.25 |
| Total Capital | 421.25 |
| Debt Weighting | 30.15 |
| Equity Weighting | 69.85 |
| 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 | 753.20 | 839.60 | 812 | 792.30 | 937 | 993.27 | 1,052.92 | 1,116.15 | 1,183.17 | 1,254.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -38.10 | -27 | 6.20 | 42.60 | 0.03 | -4.23 | -4.49 | -4.76 | -5.04 | -5.35 |
| Capital Expenditure | -6.10 | -7.80 | -1.70 | -1.70 | -0 | -4.30 | -4.55 | -4.83 | -5.12 | -5.43 |
| Free Cash Flow | -44.20 | -34.80 | 4.50 | 40.90 | 0.03 | -8.53 | -9.04 | -9.59 | -10.16 | -10.77 |
| WACC | ||||||||||
| PV LFCF | -7.57 | -7.12 | -6.70 | -6.31 | -5.93 | |||||
| SUM PV LFCF | -33.63 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 12.67 |
| Free cash flow (t + 1) | -10.99 |
| Terminal Value | -102.97 |
| Present Value of Terminal Value | -56.71 |
Intrinsic Value
| Enterprise Value | -90.34 |
|---|---|
| Net Debt | 124 |
| Equity Value | -214.34 |
| Shares Outstanding | 27.50 |
| Equity Value Per Share | -7.79 |