Discounted Cash Flow (DCF) Analysis Levered

Invesco High Income 2023 Target Ter... (IHIT)

$8.51

+0.04 (+0.47%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 14.1620.7124.47-20.56-12.36-7.43-4.47-2.69-1.62
Revenue (%)
Operating Cash Flow -67.1013.6914.2719.9213.798.294.9931.80
Operating Cash Flow (%)
Capital Expenditure ---------
Capital Expenditure (%)
Free Cash Flow ----13.798.294.9931.80

Weighted Average Cost Of Capital

Share price $ 8.51
Beta 0.233
Diluted Shares Outstanding 23.82
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.995
Total Debt -
Total Equity 202.67
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 14.1620.7124.47-20.56-12.36-7.43-4.47-2.69-1.62
Operating Cash Flow -67.1013.6914.2719.9213.798.294.9931.80
Capital Expenditure ---------
Free Cash Flow ----13.798.294.9931.80
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 1.84
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.12
Equity Value -
Shares Outstanding 23.82
Equity Value Per Share -