Discounted Cash Flow (DCF) Analysis Levered

Inapa - Investimentos, Participaçõe... (INA.LS)

0.042 €

-0.00 (-1.87%)
All numbers are in Millions, Currency in USD
Stock DCF: Infinity | 0.042 | undervalue

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 869.231,045.931,030.41980.911,230.391,351.811,485.211,631.781,792.811,969.73
Revenue (%)
Operating Cash Flow 2.1832.7348.5626.8117.7633.1736.4540.0443.9948.34
Operating Cash Flow (%)
Capital Expenditure -3.21-5.89-6.65-3.36-2.57-5.76-6.33-6.95-7.64-8.39
Capital Expenditure (%)
Free Cash Flow -1.0326.8441.9123.4515.1927.4230.1233.0936.3639.95

Weighted Average Cost Of Capital

Share price $ 0.042
Beta 0.806
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 51.77
After-tax Cost of Debt 2.13%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.348
Total Debt 237.58
Total Equity -
Total Capital 237.58
Debt Weighting 100.00
Equity Weighting 0.00
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 869.231,045.931,030.41980.911,230.391,351.811,485.211,631.781,792.811,969.73
Operating Cash Flow 2.1832.7348.5626.8117.7633.1736.4540.0443.9948.34
Capital Expenditure -3.21-5.89-6.65-3.36-2.57-5.76-6.33-6.95-7.64-8.39
Free Cash Flow -1.0326.8441.9123.4515.1927.4230.1233.0936.3639.95
WACC
PV LFCF 26.8428.8831.0733.4235.95
SUM PV LFCF 156.16

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 2.13
Free cash flow (t + 1) 40.75
Terminal Value 31,342.89
Present Value of Terminal Value 28,208

Intrinsic Value

Enterprise Value 28,364.16
Net Debt 221.07
Equity Value 28,143.08
Shares Outstanding -
Equity Value Per Share Infinity