Discounted Cash Flow (DCF) Analysis Levered
Inscape Corporation (INQ.TO)
$0.05
0.00 (-%)
All numbers are in Millions, Currency in USD
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 | 93.94 | 90.58 | 75.82 | 38.20 | 38.74 | 32.15 | 26.68 | 22.14 | 18.37 | 15.24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -0.78 | -2.71 | -1.74 | -7.23 | -18.80 | -4.73 | -3.93 | -3.26 | -2.70 | -2.24 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -1.35 | -2.30 | -0.62 | -2.54 | -1.21 | -0.94 | -0.78 | -0.65 | -0.54 | -0.44 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -2.13 | -5.01 | -2.36 | -9.77 | -20.01 | -5.67 | -4.70 | -3.90 | -3.24 | -2.69 |
Weighted Average Cost Of Capital
| Share price | $ 0.05 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 14.38 |
| Cost of Debt | |
| Tax Rate | -9.53 |
| After-tax Cost of Debt | -6.29% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.637 |
| Total Debt | 28.81 |
| Total Equity | 0.72 |
| Total Capital | 29.53 |
| Debt Weighting | 97.57 |
| Equity Weighting | 2.43 |
| 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 | 93.94 | 90.58 | 75.82 | 38.20 | 38.74 | 32.15 | 26.68 | 22.14 | 18.37 | 15.24 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -0.78 | -2.71 | -1.74 | -7.23 | -18.80 | -4.73 | -3.93 | -3.26 | -2.70 | -2.24 |
| Capital Expenditure | -1.35 | -2.30 | -0.62 | -2.54 | -1.21 | -0.94 | -0.78 | -0.65 | -0.54 | -0.44 |
| Free Cash Flow | -2.13 | -5.01 | -2.36 | -9.77 | -20.01 | -5.67 | -4.70 | -3.90 | -3.24 | -2.69 |
| WACC | ||||||||||
| PV LFCF | -8.24 | -7.28 | -6.43 | -5.68 | -5.02 | |||||
| SUM PV LFCF | -23.89 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | -6.05 |
| Free cash flow (t + 1) | -2.74 |
| Terminal Value | 34.05 |
| Present Value of Terminal Value | 46.52 |
Intrinsic Value
| Enterprise Value | 22.62 |
|---|---|
| Net Debt | 25.54 |
| Equity Value | -2.91 |
| Shares Outstanding | 14.38 |
| Equity Value Per Share | -0.20 |