Discounted Cash Flow (DCF) Analysis Levered
Nano Labs Ltd (NA)
$2.35
-0.02 (-0.84%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 0.34 | 6.31 | 157.31 | 3,419.34 | 74,325.23 | 1,615,586.86 | 35,117,563.65 | 763,340,744.73 |
|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||
| Operating Cash Flow | -0.48 | 11.48 | 31.07 | 675.27 | 14,678.21 | 319,056.29 | 6,935,238.06 | 150,749,346.95 |
| Operating Cash Flow (%) | ||||||||
| Capital Expenditure | -0.15 | -1.39 | -51.98 | -1,129.90 | -24,560.25 | -533,859.40 | -11,604,353.79 | -252,240,620.98 |
| Capital Expenditure (%) | ||||||||
| Free Cash Flow | -0.63 | 10.09 | -20.92 | -454.62 | -9,882.04 | -214,803.11 | -4,669,115.73 | -101,491,274.03 |
Weighted Average Cost Of Capital
| Share price | $ 2.35 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 53.66 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 27.10% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.810 |
| Total Debt | 3.79 |
| Total Equity | 126.11 |
| Total Capital | 129.90 |
| Debt Weighting | 2.92 |
| Equity Weighting | 97.08 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 0.34 | 6.31 | 157.31 | 3,419.34 | 74,325.23 | 1,615,586.86 | 35,117,563.65 | 763,340,744.73 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -0.48 | 11.48 | 31.07 | 675.27 | 14,678.21 | 319,056.29 | 6,935,238.06 | 150,749,346.95 |
| Capital Expenditure | -0.15 | -1.39 | -51.98 | -1,129.90 | -24,560.25 | -533,859.40 | -11,604,353.79 | -252,240,620.98 |
| Free Cash Flow | -0.63 | 10.09 | -20.92 | -454.62 | -9,882.04 | -214,803.11 | -4,669,115.73 | -101,491,274.03 |
| WACC | ||||||||
| PV LFCF | -475.04 | -9,882.04 | -205,572.89 | -4,276,467.54 | -88,961,995.66 | |||
| SUM PV LFCF | -85,595,368 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 4.49 |
| Free cash flow (t + 1) | -103,521,099.51 |
| Terminal Value | -4,157,473,875.84 |
| Present Value of Terminal Value | -3,337,765,974.06 |
Intrinsic Value
| Enterprise Value | -3,423,361,342.06 |
|---|---|
| Net Debt | -10.26 |
| Equity Value | -3,423,361,331.79 |
| Shares Outstanding | 53.66 |
| Equity Value Per Share | -63,791,322.68 |