Discounted Cash Flow (DCF) Analysis Levered
Marine Products Corporation (MPX)
$11.7
+0.46 (+4.09%)
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 | 267.32 | 298.62 | 292.14 | 239.83 | 298.01 | 309.86 | 322.17 | 334.97 | 348.28 | 362.13 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 29.64 | 22.78 | 33.92 | 29.87 | 0.46 | 26.61 | 27.66 | 28.76 | 29.91 | 31.10 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -2.41 | -2.15 | -2.33 | -2.10 | -1.25 | -2.30 | -2.39 | -2.49 | -2.59 | -2.69 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 27.23 | 20.62 | 31.58 | 27.77 | -0.79 | 24.30 | 25.27 | 26.27 | 27.32 | 28.40 |
Weighted Average Cost Of Capital
| Share price | $ 11.7 |
|---|---|
| Beta | 1.115 |
| Diluted Shares Outstanding | 33.99 |
| Cost of Debt | |
| Tax Rate | 20.28 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 8.110 |
| Total Debt | - |
| Total Equity | 397.71 |
| Total Capital | - |
| Debt Weighting | - |
| Equity Weighting | - |
| 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 | 267.32 | 298.62 | 292.14 | 239.83 | 298.01 | 309.86 | 322.17 | 334.97 | 348.28 | 362.13 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 29.64 | 22.78 | 33.92 | 29.87 | 0.46 | 26.61 | 27.66 | 28.76 | 29.91 | 31.10 |
| Capital Expenditure | -2.41 | -2.15 | -2.33 | -2.10 | -1.25 | -2.30 | -2.39 | -2.49 | -2.59 | -2.69 |
| Free Cash Flow | 27.23 | 20.62 | 31.58 | 27.77 | -0.79 | 24.30 | 25.27 | 26.27 | 27.32 | 28.40 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | 28.97 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -14.10 |
| Equity Value | - |
| Shares Outstanding | 33.99 |
| Equity Value Per Share | - |