Discounted Cash Flow (DCF) Analysis Levered
Nuveen Emerging Markets Debt 2022 T... (JEMD)
$6.63
-0.00 (-0.05%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
Revenue | -11.78 | 11.97 | -7.41 | 4.17 | -3.05 | 2.24 | -1.64 | 1.20 | -0.88 |
---|---|---|---|---|---|---|---|---|---|
Revenue (%) | |||||||||
Operating Cash Flow | 6.33 | 6.52 | 21.77 | 3.75 | 1.55 | -1.14 | 0.83 | -0.61 | 0.45 |
Operating Cash Flow (%) | |||||||||
Capital Expenditure | - | - | - | - | - | - | - | - | - |
Capital Expenditure (%) | |||||||||
Free Cash Flow | - | - | - | - | 1.55 | -1.14 | 0.83 | -0.61 | 0.45 |
Weighted Average Cost Of Capital
Share price | $ 6.63 |
---|---|
Beta | 0.000 |
Diluted Shares Outstanding | 14.26 |
Cost of Debt | |
Tax Rate | 0.00 |
After-tax Cost of Debt | 0.84% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 3.739 |
Total Debt | 33 |
Total Equity | 94.57 |
Total Capital | 127.58 |
Debt Weighting | 25.87 |
Equity Weighting | 74.13 |
Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
Revenue | -11.78 | 11.97 | -7.41 | 4.17 | -3.05 | 2.24 | -1.64 | 1.20 | -0.88 |
---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 6.33 | 6.52 | 21.77 | 3.75 | 1.55 | -1.14 | 0.83 | -0.61 | 0.45 |
Capital Expenditure | - | - | - | - | - | - | - | - | - |
Free Cash Flow | - | - | - | - | 1.55 | -1.14 | 0.83 | -0.61 | 0.45 |
WACC | |||||||||
PV LFCF | 1.55 | -1.10 | 0.78 | -0.56 | 0.40 | ||||
SUM PV LFCF | 1.04 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 2.99 |
Free cash flow (t + 1) | 0.46 |
Terminal Value | 45.97 |
Present Value of Terminal Value | 39.67 |
Intrinsic Value
Enterprise Value | 40.71 |
---|---|
Net Debt | 32.99 |
Equity Value | 7.72 |
Shares Outstanding | 14.26 |
Equity Value Per Share | 0.54 |