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 |