Discounted Cash Flow (DCF) Analysis Levered

Marine Petroleum Trust (MARPS)

$7.995

+0.28 (+3.70%)
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
2027
Projected
Revenue 0.870.860.790.390.310.250.200.160.120.10
Revenue (%)
Operating Cash Flow 0.660.630.570.290.230.180.150.120.090.07
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow ----0.230.180.150.120.090.07

Weighted Average Cost Of Capital

Share price $ 7.995
Beta 0.550
Diluted Shares Outstanding 2
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 6.232
Total Debt -
Total Equity 15.99
Total Capital -
Debt Weighting -
Equity Weighting -
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
2027
Projected
Revenue 0.870.860.790.390.310.250.200.160.120.10
Operating Cash Flow 0.660.630.570.290.230.180.150.120.090.07
Capital Expenditure ----------
Free Cash Flow ----0.230.180.150.120.090.07
WACC
PV LFCF 0.23-----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 0.08
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -1.15
Equity Value -
Shares Outstanding 2
Equity Value Per Share -