Discounted Cash Flow (DCF) Analysis Levered
iFabric Corp. (IFA.TO)
$0.61
-0.02 (-3.17%)
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 | 18.86 | 15.12 | 10.44 | 11.52 | 19.76 | 21.30 | 22.96 | 24.75 | 26.68 | 28.75 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -0.61 | 3.90 | -0.69 | -1.06 | -2.22 | -0.19 | -0.21 | -0.23 | -0.24 | -0.26 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.01 | -0.04 | -0.08 | -0.18 | -0.25 | -0.16 | -0.18 | -0.19 | -0.21 | -0.22 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -0.62 | 3.85 | -0.76 | -1.24 | -2.48 | -0.36 | -0.39 | -0.42 | -0.45 | -0.48 |
Weighted Average Cost Of Capital
| Share price | $ 0.61 |
|---|---|
| Beta | 1.240 |
| Diluted Shares Outstanding | 29.21 |
| Cost of Debt | |
| Tax Rate | 22.10 |
| After-tax Cost of Debt | 3.29% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.543 |
| Total Debt | 1.27 |
| Total Equity | 17.82 |
| Total Capital | 19.09 |
| Debt Weighting | 6.64 |
| Equity Weighting | 93.36 |
| 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 | 18.86 | 15.12 | 10.44 | 11.52 | 19.76 | 21.30 | 22.96 | 24.75 | 26.68 | 28.75 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -0.61 | 3.90 | -0.69 | -1.06 | -2.22 | -0.19 | -0.21 | -0.23 | -0.24 | -0.26 |
| Capital Expenditure | -0.01 | -0.04 | -0.08 | -0.18 | -0.25 | -0.16 | -0.18 | -0.19 | -0.21 | -0.22 |
| Free Cash Flow | -0.62 | 3.85 | -0.76 | -1.24 | -2.48 | -0.36 | -0.39 | -0.42 | -0.45 | -0.48 |
| WACC | ||||||||||
| PV LFCF | -0.33 | -0.32 | -0.32 | -0.32 | -0.31 | |||||
| SUM PV LFCF | -1.60 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 9.13 |
| Free cash flow (t + 1) | -0.49 |
| Terminal Value | -6.93 |
| Present Value of Terminal Value | -4.48 |
Intrinsic Value
| Enterprise Value | -6.08 |
|---|---|
| Net Debt | -7.63 |
| Equity Value | 1.56 |
| Shares Outstanding | 29.21 |
| Equity Value Per Share | 0.05 |