Discounted Cash Flow (DCF) Analysis Levered

Intuitive Surgical, Inc. (ISRG)

$262.94

-2.19 (-0.83%)
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 3,128.903,724.204,478.504,358.405,710.106,675.287,803.609,122.6310,664.6312,467.27
Revenue (%)
Operating Cash Flow 1,143.901,169.601,598.201,484.802,089.402,327.132,720.483,180.323,717.894,346.33
Operating Cash Flow (%)
Capital Expenditure -190.70-187.40-425.60-341.50-353.50-462.68-540.89-632.31-739.19-864.14
Capital Expenditure (%)
Free Cash Flow 953.20982.201,172.601,143.301,735.901,864.452,179.602,548.012,978.703,482.19

Weighted Average Cost Of Capital

Share price $ 262.94
Beta 1.376
Diluted Shares Outstanding 366.80
Cost of Debt
Tax Rate 9.82
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 10.197
Total Debt -
Total Equity 96,446.39
Total Capital -
Debt Weighting -
Equity Weighting -
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 3,128.903,724.204,478.504,358.405,710.106,675.287,803.609,122.6310,664.6312,467.27
Operating Cash Flow 1,143.901,169.601,598.201,484.802,089.402,327.132,720.483,180.323,717.894,346.33
Capital Expenditure -190.70-187.40-425.60-341.50-353.50-462.68-540.89-632.31-739.19-864.14
Free Cash Flow 953.20982.201,172.601,143.301,735.901,864.452,179.602,548.012,978.703,482.19
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 3,551.83
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -1,290.90
Equity Value -
Shares Outstanding 366.80
Equity Value Per Share -