Discounted Cash Flow (DCF) Analysis Levered
Legacy Education Alliance, Inc. (LEAI)
$0.18
0.00 (0.00%)
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 | 97.73 | 93.41 | 75.50 | 34.16 | 7.71 | 4.71 | 2.87 | 1.75 | 1.07 | 0.65 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 5.39 | -1.71 | 0.37 | -6.96 | -4.83 | -0.74 | -0.45 | -0.28 | -0.17 | -0.10 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.18 | -0.86 | -0.19 | -0.15 | -0.03 | -0.02 | -0.01 | -0.01 | -0 | -0 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 5.21 | -2.56 | 0.18 | -7.12 | -4.87 | -0.76 | -0.47 | -0.28 | -0.17 | -0.11 |
Weighted Average Cost Of Capital
| Share price | $ 0.18 |
|---|---|
| Beta | 0.814 |
| Diluted Shares Outstanding | 29.19 |
| Cost of Debt | |
| Tax Rate | -2,595.24 |
| After-tax Cost of Debt | 16.87% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 7.627 |
| Total Debt | 3.11 |
| Total Equity | 5.25 |
| Total Capital | 8.36 |
| Debt Weighting | 37.15 |
| Equity Weighting | 62.85 |
| 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 | 97.73 | 93.41 | 75.50 | 34.16 | 7.71 | 4.71 | 2.87 | 1.75 | 1.07 | 0.65 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 5.39 | -1.71 | 0.37 | -6.96 | -4.83 | -0.74 | -0.45 | -0.28 | -0.17 | -0.10 |
| Capital Expenditure | -0.18 | -0.86 | -0.19 | -0.15 | -0.03 | -0.02 | -0.01 | -0.01 | -0 | -0 |
| Free Cash Flow | 5.21 | -2.56 | 0.18 | -7.12 | -4.87 | -0.76 | -0.47 | -0.28 | -0.17 | -0.11 |
| WACC | ||||||||||
| PV LFCF | -0.69 | -0.38 | -0.21 | -0.11 | -0.06 | |||||
| SUM PV LFCF | -1.45 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 11.06 |
| Free cash flow (t + 1) | -0.11 |
| Terminal Value | -1.20 |
| Present Value of Terminal Value | -0.71 |
Intrinsic Value
| Enterprise Value | -2.16 |
|---|---|
| Net Debt | 2.53 |
| Equity Value | -4.69 |
| Shares Outstanding | 29.19 |
| Equity Value Per Share | -0.16 |