Discounted Cash Flow (DCF) Analysis Levered
iFabric Corp. (IFA.TO)
$0.93
+0.02 (+2.20%)
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 | 15.12 | 10.44 | 11.52 | 19.76 | 19.74 | 22.25 | 25.08 | 28.27 | 31.86 | 35.92 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 3.90 | -0.69 | -1.06 | -2.22 | -8.21 | -1.91 | -2.15 | -2.43 | -2.73 | -3.08 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.04 | -0.08 | -0.18 | -0.25 | -0.24 | -0.22 | -0.25 | -0.29 | -0.32 | -0.36 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 3.85 | -0.76 | -1.24 | -2.48 | -8.45 | -2.13 | -2.41 | -2.71 | -3.06 | -3.44 |
Weighted Average Cost Of Capital
| Share price | $ 0.93 |
|---|---|
| Beta | 0.966 |
| Diluted Shares Outstanding | 30.38 |
| Cost of Debt | |
| Tax Rate | -119.30 |
| After-tax Cost of Debt | 4.02% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 8.091 |
| Total Debt | 1.24 |
| Total Equity | 28.25 |
| Total Capital | 29.49 |
| Debt Weighting | 4.20 |
| Equity Weighting | 95.80 |
| 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 | 15.12 | 10.44 | 11.52 | 19.76 | 19.74 | 22.25 | 25.08 | 28.27 | 31.86 | 35.92 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 3.90 | -0.69 | -1.06 | -2.22 | -8.21 | -1.91 | -2.15 | -2.43 | -2.73 | -3.08 |
| Capital Expenditure | -0.04 | -0.08 | -0.18 | -0.25 | -0.24 | -0.22 | -0.25 | -0.29 | -0.32 | -0.36 |
| Free Cash Flow | 3.85 | -0.76 | -1.24 | -2.48 | -8.45 | -2.13 | -2.41 | -2.71 | -3.06 | -3.44 |
| WACC | ||||||||||
| PV LFCF | -1.35 | -1.41 | -1.47 | -1.54 | -1.61 | |||||
| SUM PV LFCF | -10.81 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 7.92 |
| Free cash flow (t + 1) | -3.51 |
| Terminal Value | -59.35 |
| Present Value of Terminal Value | -40.54 |
Intrinsic Value
| Enterprise Value | -51.35 |
|---|---|
| Net Debt | 0.29 |
| Equity Value | -51.64 |
| Shares Outstanding | 30.38 |
| Equity Value Per Share | -1.70 |