Discounted Cash Flow (DCF) Analysis Levered
John B. Sanfilippo & Son, Inc. (JBSS)
$73.72
-0.20 (-0.27%)
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 | 846.63 | 888.93 | 876.20 | 880.09 | 858.48 | 861.81 | 865.16 | 868.52 | 871.89 | 875.27 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 52.67 | 66.15 | 83.46 | 63.61 | 104.70 | 73.45 | 73.73 | 74.02 | 74.30 | 74.59 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -10.88 | -13.23 | -15.08 | -15.02 | -25.18 | -15.74 | -15.80 | -15.87 | -15.93 | -15.99 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 41.78 | 52.92 | 68.38 | 48.59 | 79.52 | 57.70 | 57.93 | 58.15 | 58.38 | 58.60 |
Weighted Average Cost Of Capital
Share price | $ 73.72 |
---|---|
Beta | 0.279 |
Diluted Shares Outstanding | 11.56 |
Cost of Debt | |
Tax Rate | 25.15 |
After-tax Cost of Debt | 4.06% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 4.114 |
Total Debt | 26.58 |
Total Equity | 852.15 |
Total Capital | 878.73 |
Debt Weighting | 3.02 |
Equity Weighting | 96.98 |
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 | 846.63 | 888.93 | 876.20 | 880.09 | 858.48 | 861.81 | 865.16 | 868.52 | 871.89 | 875.27 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 52.67 | 66.15 | 83.46 | 63.61 | 104.70 | 73.45 | 73.73 | 74.02 | 74.30 | 74.59 |
Capital Expenditure | -10.88 | -13.23 | -15.08 | -15.02 | -25.18 | -15.74 | -15.80 | -15.87 | -15.93 | -15.99 |
Free Cash Flow | 41.78 | 52.92 | 68.38 | 48.59 | 79.52 | 57.70 | 57.93 | 58.15 | 58.38 | 58.60 |
WACC | ||||||||||
PV LFCF | 53.24 | 51.33 | 49.50 | 47.73 | 46.02 | |||||
SUM PV LFCF | 258.01 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 4.11 |
Free cash flow (t + 1) | 59.78 |
Terminal Value | 2,832.99 |
Present Value of Terminal Value | 2,316.24 |
Intrinsic Value
Enterprise Value | 2,574.24 |
---|---|
Net Debt | 25.91 |
Equity Value | 2,548.34 |
Shares Outstanding | 11.56 |
Equity Value Per Share | 220.46 |