Discounted Cash Flow (DCF) Analysis Levered
Jiuzi Holdings, Inc. (JZXN)
$0.1702
+0.00 (+2.53%)
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 | 4.31 | 7.98 | 8.21 | 9.54 | 12.85 | 17.33 | 23.35 | 31.48 | 42.43 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | |||||||||
| Operating Cash Flow | 0.08 | -1.08 | 0.52 | -4.81 | -1.80 | -2.42 | -3.26 | -4.40 | -5.93 |
| Operating Cash Flow (%) | |||||||||
| Capital Expenditure | -0.06 | -0.02 | -0.03 | -0.31 | -0.17 | -0.23 | -0.31 | -0.42 | -0.56 |
| Capital Expenditure (%) | |||||||||
| Free Cash Flow | 0.02 | -1.11 | 0.49 | -5.12 | -1.97 | -2.65 | -3.57 | -4.82 | -6.49 |
Weighted Average Cost Of Capital
| Share price | $ 0.1,702 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 21.43 |
| Cost of Debt | |
| Tax Rate | 38.58 |
| After-tax Cost of Debt | 0.50% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.529 |
| Total Debt | 0.70 |
| Total Equity | 3.65 |
| Total Capital | 4.35 |
| Debt Weighting | 16.11 |
| Equity Weighting | 83.89 |
| 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 | 4.31 | 7.98 | 8.21 | 9.54 | 12.85 | 17.33 | 23.35 | 31.48 | 42.43 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 0.08 | -1.08 | 0.52 | -4.81 | -1.80 | -2.42 | -3.26 | -4.40 | -5.93 |
| Capital Expenditure | -0.06 | -0.02 | -0.03 | -0.31 | -0.17 | -0.23 | -0.31 | -0.42 | -0.56 |
| Free Cash Flow | 0.02 | -1.11 | 0.49 | -5.12 | -1.97 | -2.65 | -3.57 | -4.82 | -6.49 |
| WACC | |||||||||
| PV LFCF | -1.97 | -2.57 | -3.37 | -4.40 | -5.76 | ||||
| SUM PV LFCF | -17.54 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 3.04 |
| Free cash flow (t + 1) | -6.62 |
| Terminal Value | -636.85 |
| Present Value of Terminal Value | -548.28 |
Intrinsic Value
| Enterprise Value | -565.82 |
|---|---|
| Net Debt | -6.67 |
| Equity Value | -559.15 |
| Shares Outstanding | 21.43 |
| Equity Value Per Share | -26.10 |