Discounted Cash Flow (DCF) Analysis Levered
Inapa - Investimentos, Participaçõe... (INA.LS)
0.0386 €
+0.00 (+3.21%)
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 | 894.70 | 869.23 | 1,045.92 | 1,030.41 | 980.91 | 1,008.36 | 1,036.58 | 1,065.59 | 1,095.41 | 1,126.06 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -2.69 | -3.21 | -5.89 | -6.65 | -3.36 | -4.48 | -4.60 | -4.73 | -4.87 | -5 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | - | - | - | - | - | -4.48 | -4.60 | -4.73 | -4.87 | -5 |
Weighted Average Cost Of Capital
| Share price | $ 0.0,386 |
|---|---|
| Beta | 0.751 |
| Diluted Shares Outstanding | 683.41 |
| Cost of Debt | |
| Tax Rate | -148.80 |
| After-tax Cost of Debt | 4.14% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 7.181 |
| Total Debt | 269.80 |
| Total Equity | 26.38 |
| Total Capital | 296.18 |
| Debt Weighting | 91.09 |
| Equity Weighting | 8.91 |
| 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 | 894.70 | 869.23 | 1,045.92 | 1,030.41 | 980.91 | 1,008.36 | 1,036.58 | 1,065.59 | 1,095.41 | 1,126.06 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure | -2.69 | -3.21 | -5.89 | -6.65 | -3.36 | -4.48 | -4.60 | -4.73 | -4.87 | -5 |
| Free Cash Flow | - | - | - | - | - | -4.48 | -4.60 | -4.73 | -4.87 | -5 |
| WACC | ||||||||||
| PV LFCF | -4.29 | -4.22 | -4.16 | -4.09 | -4.03 | |||||
| SUM PV LFCF | -20.80 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 4.41 |
| Free cash flow (t + 1) | -5.10 |
| Terminal Value | -211.71 |
| Present Value of Terminal Value | -170.62 |
Intrinsic Value
| Enterprise Value | -191.42 |
|---|---|
| Net Debt | 261.81 |
| Equity Value | -453.23 |
| Shares Outstanding | 683.41 |
| Equity Value Per Share | -0.66 |