Discounted Cash Flow (DCF) Analysis Levered

Jewett-Cameron Trading Company Ltd. (JCTCF)

$5.445

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: -14.67 | 5.445 | 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 53.9245.4544.9557.5062.9066.1369.5273.0876.8380.76
Revenue (%)
Operating Cash Flow 1.576.31-2.22-4.42-3.44-0.17-0.18-0.19-0.20-0.21
Operating Cash Flow (%)
Capital Expenditure -0.11-0.03-0.45-1.19-1.26-0.71-0.74-0.78-0.82-0.86
Capital Expenditure (%)
Free Cash Flow 1.466.27-2.67-5.62-4.70-0.88-0.93-0.97-1.02-1.08

Weighted Average Cost Of Capital

Share price $ 5.445
Beta 0.309
Diluted Shares Outstanding 3.49
Cost of Debt
Tax Rate 26.37
After-tax Cost of Debt 1.72%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.134
Total Debt 7
Total Equity 19.02
Total Capital 26.02
Debt Weighting 26.90
Equity Weighting 73.10
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 53.9245.4544.9557.5062.9066.1369.5273.0876.8380.76
Operating Cash Flow 1.576.31-2.22-4.42-3.44-0.17-0.18-0.19-0.20-0.21
Capital Expenditure -0.11-0.03-0.45-1.19-1.26-0.71-0.74-0.78-0.82-0.86
Free Cash Flow 1.466.27-2.67-5.62-4.70-0.88-0.93-0.97-1.02-1.08
WACC
PV LFCF -0.85-0.85-0.86-0.87-0.88
SUM PV LFCF -4.31

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 4.21
Free cash flow (t + 1) -1.10
Terminal Value -49.70
Present Value of Terminal Value -40.44

Intrinsic Value

Enterprise Value -44.75
Net Debt 6.52
Equity Value -51.26
Shares Outstanding 3.49
Equity Value Per Share -14.67