Discounted Cash Flow (DCF) Analysis Levered
CoreCard Corporation (INS)
$40.15
-0.13 (-0.32%)
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 | 9.30 | 20.10 | 34.30 | 35.87 | 48.25 | 75.49 | 118.10 | 184.77 | 289.09 | 452.29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -2.47 | 6.66 | 10.58 | 20.97 | 11.57 | 18.10 | 28.31 | 44.30 | 69.31 | 108.43 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.89 | -0.87 | -1.68 | -6.87 | -4.58 | -7.16 | -11.21 | -17.54 | -27.44 | -42.93 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -3.36 | 5.79 | 8.91 | 14.09 | 6.99 | 10.93 | 17.10 | 26.76 | 41.87 | 65.50 |
Weighted Average Cost Of Capital
| Share price | $ 40.15 |
|---|---|
| Beta | 0.894 |
| Diluted Shares Outstanding | 8.92 |
| Cost of Debt | |
| Tax Rate | 23.16 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 7.911 |
| Total Debt | 2.71 |
| Total Equity | 358.12 |
| Total Capital | 360.83 |
| Debt Weighting | 0.75 |
| Equity Weighting | 99.25 |
| 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 | 9.30 | 20.10 | 34.30 | 35.87 | 48.25 | 75.49 | 118.10 | 184.77 | 289.09 | 452.29 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -2.47 | 6.66 | 10.58 | 20.97 | 11.57 | 18.10 | 28.31 | 44.30 | 69.31 | 108.43 |
| Capital Expenditure | -0.89 | -0.87 | -1.68 | -6.87 | -4.58 | -7.16 | -11.21 | -17.54 | -27.44 | -42.93 |
| Free Cash Flow | -3.36 | 5.79 | 8.91 | 14.09 | 6.99 | 10.93 | 17.10 | 26.76 | 41.87 | 65.50 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | 66.81 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -26.54 |
| Equity Value | - |
| Shares Outstanding | 8.92 |
| Equity Value Per Share | - |