Discounted Cash Flow (DCF) Analysis Levered
Key Tronic Corporation (KTCC)
$5.3
-0.08 (-1.49%)
All numbers are in Millions, Currency in USD
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 | 446.32 | 464.04 | 449.48 | 518.70 | 531.82 | 556.76 | 582.87 | 610.21 | 638.83 | 668.79 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 11.46 | 0.92 | -31 | -15.05 | -4.91 | -8.86 | -9.28 | -9.71 | -10.17 | -10.64 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -4.52 | -8.39 | -8.62 | -10.60 | -6.81 | -8.98 | -9.40 | -9.84 | -10.30 | -10.79 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 6.93 | -7.47 | -39.63 | -25.65 | -11.72 | -17.84 | -18.68 | -19.55 | -20.47 | -21.43 |
Weighted Average Cost Of Capital
| Share price | $ 5.3 |
|---|---|
| Beta | 1.464 |
| Diluted Shares Outstanding | 11.06 |
| Cost of Debt | |
| Tax Rate | 8.51 |
| After-tax Cost of Debt | 3.90% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 10.605 |
| Total Debt | 119.72 |
| Total Equity | 58.63 |
| Total Capital | 178.35 |
| Debt Weighting | 67.12 |
| Equity Weighting | 32.88 |
| 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 | 446.32 | 464.04 | 449.48 | 518.70 | 531.82 | 556.76 | 582.87 | 610.21 | 638.83 | 668.79 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 11.46 | 0.92 | -31 | -15.05 | -4.91 | -8.86 | -9.28 | -9.71 | -10.17 | -10.64 |
| Capital Expenditure | -4.52 | -8.39 | -8.62 | -10.60 | -6.81 | -8.98 | -9.40 | -9.84 | -10.30 | -10.79 |
| Free Cash Flow | 6.93 | -7.47 | -39.63 | -25.65 | -11.72 | -17.84 | -18.68 | -19.55 | -20.47 | -21.43 |
| WACC | ||||||||||
| PV LFCF | -16.81 | -16.59 | -16.37 | -16.15 | -15.94 | |||||
| SUM PV LFCF | -81.87 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 6.10 |
| Free cash flow (t + 1) | -21.86 |
| Terminal Value | -533.13 |
| Present Value of Terminal Value | -396.51 |
Intrinsic Value
| Enterprise Value | -478.38 |
|---|---|
| Net Debt | 118.01 |
| Equity Value | -596.39 |
| Shares Outstanding | 11.06 |
| Equity Value Per Share | -53.91 |