Discounted Cash Flow (DCF) Analysis Levered
IntriCon Corporation (IIN)
$24.23
+0.03 (+0.12%)
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 | 88.31 | 116.46 | 113.49 | 102.77 | 125.21 | 138.26 | 152.68 | 168.60 | 186.18 | 205.60 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 4.23 | 0.18 | 1.47 | 5.62 | 0.44 | 3.33 | 3.68 | 4.06 | 4.49 | 4.96 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -2.31 | -5.51 | -4.59 | -3.63 | -2.50 | -4.68 | -5.17 | -5.71 | -6.30 | -6.96 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 1.92 | -5.33 | -3.12 | 1.99 | -2.07 | -1.35 | -1.49 | -1.64 | -1.82 | -2 |
Weighted Average Cost Of Capital
| Share price | $ 24.23 |
|---|---|
| Beta | 1.005 |
| Diluted Shares Outstanding | 9.08 |
| Cost of Debt | |
| Tax Rate | 190.14 |
| After-tax Cost of Debt | -3.82% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 8.987 |
| Total Debt | 5.24 |
| Total Equity | 220.06 |
| Total Capital | 225.30 |
| Debt Weighting | 2.33 |
| Equity Weighting | 97.67 |
| 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 | 88.31 | 116.46 | 113.49 | 102.77 | 125.21 | 138.26 | 152.68 | 168.60 | 186.18 | 205.60 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 4.23 | 0.18 | 1.47 | 5.62 | 0.44 | 3.33 | 3.68 | 4.06 | 4.49 | 4.96 |
| Capital Expenditure | -2.31 | -5.51 | -4.59 | -3.63 | -2.50 | -4.68 | -5.17 | -5.71 | -6.30 | -6.96 |
| Free Cash Flow | 1.92 | -5.33 | -3.12 | 1.99 | -2.07 | -1.35 | -1.49 | -1.64 | -1.82 | -2 |
| WACC | ||||||||||
| PV LFCF | -1.24 | -1.26 | -1.28 | -1.30 | -1.32 | |||||
| SUM PV LFCF | -6.40 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 8.69 |
| Free cash flow (t + 1) | -2.04 |
| Terminal Value | -30.56 |
| Present Value of Terminal Value | -20.15 |
Intrinsic Value
| Enterprise Value | -26.55 |
|---|---|
| Net Debt | -0.34 |
| Equity Value | -26.21 |
| Shares Outstanding | 9.08 |
| Equity Value Per Share | -2.89 |