Discounted Cash Flow (DCF) Analysis Levered

Inscape Corporation (INQ.TO)

$0.05

0.00 (-%)
All numbers are in Millions, Currency in USD
Stock DCF: -0.20 | 0.05 | overvalue

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 93.9490.5875.8238.2038.7432.1526.6822.1418.3715.24
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 93.9490.5875.8238.2038.7432.1526.6822.1418.3715.24
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