Discounted Cash Flow (DCF) Analysis Levered
Integrated Media Technology Limited (IMTE)
$0.5299
+0.03 (+5.77%)
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 | 5.76 | 1.32 | 1.28 | 1.74 | 0.19 | 0.13 | 0.09 | 0.06 | 0.04 | 0.03 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 4.86 | -6.86 | -5.55 | -6.19 | -7.97 | -1.38 | -0.92 | -0.62 | -0.41 | -0.27 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.23 | -3.31 | -1.83 | -7.36 | -0.70 | -0.30 | -0.20 | -0.14 | -0.09 | -0.06 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 4.64 | -10.17 | -7.38 | -13.55 | -8.67 | -1.68 | -1.12 | -0.75 | -0.50 | -0.34 |
Weighted Average Cost Of Capital
| Share price | $ 0.5,299 |
|---|---|
| Beta | 2.900 |
| Diluted Shares Outstanding | 107.49 |
| Cost of Debt | |
| Tax Rate | 12.36 |
| After-tax Cost of Debt | 28.55% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 17.380 |
| Total Debt | 6.14 |
| Total Equity | 56.96 |
| Total Capital | 63.10 |
| Debt Weighting | 9.73 |
| Equity Weighting | 90.27 |
| 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 | 5.76 | 1.32 | 1.28 | 1.74 | 0.19 | 0.13 | 0.09 | 0.06 | 0.04 | 0.03 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 4.86 | -6.86 | -5.55 | -6.19 | -7.97 | -1.38 | -0.92 | -0.62 | -0.41 | -0.27 |
| Capital Expenditure | -0.23 | -3.31 | -1.83 | -7.36 | -0.70 | -0.30 | -0.20 | -0.14 | -0.09 | -0.06 |
| Free Cash Flow | 4.64 | -10.17 | -7.38 | -13.55 | -8.67 | -1.68 | -1.12 | -0.75 | -0.50 | -0.34 |
| WACC | ||||||||||
| PV LFCF | -1.42 | -0.80 | -0.45 | -0.25 | -0.14 | |||||
| SUM PV LFCF | -3.07 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 18.47 |
| Free cash flow (t + 1) | -0.34 |
| Terminal Value | -2.08 |
| Present Value of Terminal Value | -0.89 |
Intrinsic Value
| Enterprise Value | -3.96 |
|---|---|
| Net Debt | 5.87 |
| Equity Value | -9.83 |
| Shares Outstanding | 107.49 |
| Equity Value Per Share | -0.09 |