Discounted Cash Flow (DCF) Analysis Levered

LM Funding America, Inc. (LMFA)

$0.6306

+0.01 (+1.55%)
All numbers are in Millions, Currency in USD
Stock DCF: -3,677.47 | 0.6306 | overvalue

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 3.552.912.911.2914.0246.11151.66498.901,641.115,398.38
Revenue (%)
Operating Cash Flow -2.06-0.76-1.16-3.523.49-34.40-113.16-372.23-1,224.46-4,027.82
Operating Cash Flow (%)
Capital Expenditure -0.01-0.01-0.01-0-0.03-0.11-0.37-1.22-4.01-13.19
Capital Expenditure (%)
Free Cash Flow -2.07-0.77-1.17-3.533.45-34.51-113.53-373.45-1,228.47-4,041.01

Weighted Average Cost Of Capital

Share price $ 0.6,306
Beta 1.753
Diluted Shares Outstanding 7.93
Cost of Debt
Tax Rate 10.70
After-tax Cost of Debt 0.32%
Risk-Free Rate
Market Risk Premium
Cost of Equity 11.785
Total Debt 0.18
Total Equity 5
Total Capital 5.18
Debt Weighting 3.53
Equity Weighting 96.47
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 3.552.912.911.2914.0246.11151.66498.901,641.115,398.38
Operating Cash Flow -2.06-0.76-1.16-3.523.49-34.40-113.16-372.23-1,224.46-4,027.82
Capital Expenditure -0.01-0.01-0.01-0-0.03-0.11-0.37-1.22-4.01-13.19
Free Cash Flow -2.07-0.77-1.17-3.533.45-34.51-113.53-373.45-1,228.47-4,041.01
WACC
PV LFCF -18.08-53.39-157.68-465.69-1,375.37
SUM PV LFCF -3,548.54

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 11.38
Free cash flow (t + 1) -4,121.83
Terminal Value -43,942.78
Present Value of Terminal Value -25,636.07

Intrinsic Value

Enterprise Value -29,184.61
Net Debt -32.38
Equity Value -29,152.24
Shares Outstanding 7.93
Equity Value Per Share -3,677.47