Discounted Cash Flow (DCF) Analysis Levered

LL Flooring Holdings, Inc. (LL)

$2.14

-0.01 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: -4.08 | 2.14 | overvalue

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 1,092.601,097.701,152.341,110.68904.75866.95830.72796.02762.76730.89
Revenue (%)
Operating Cash Flow 0.33157.0538.67-116.7121.2916.5415.8515.1814.5513.94
Operating Cash Flow (%)
Capital Expenditure -19.91-15.83-19.44-22.05-15.69-15.03-14.41-13.80-13.23-12.67
Capital Expenditure (%)
Free Cash Flow -19.58141.2219.23-138.765.601.501.441.381.321.27

Weighted Average Cost Of Capital

Share price $ 2.14
Beta 1.954
Diluted Shares Outstanding 28.81
Cost of Debt
Tax Rate -14.87
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 13.382
Total Debt 148.47
Total Equity 61.64
Total Capital 210.11
Debt Weighting 70.66
Equity Weighting 29.34
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 1,092.601,097.701,152.341,110.68904.75866.95830.72796.02762.76730.89
Operating Cash Flow 0.33157.0538.67-116.7121.2916.5415.8515.1814.5513.94
Capital Expenditure -19.91-15.83-19.44-22.05-15.69-15.03-14.41-13.80-13.23-12.67
Free Cash Flow -19.58141.2219.23-138.765.601.501.441.381.321.27
WACC
PV LFCF 1.401.251.110.990.88
SUM PV LFCF 5.64

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 7.46
Free cash flow (t + 1) 1.29
Terminal Value 23.68
Present Value of Terminal Value 16.53

Intrinsic Value

Enterprise Value 22.16
Net Debt 139.69
Equity Value -117.53
Shares Outstanding 28.81
Equity Value Per Share -4.08