Discounted Cash Flow (DCF) Analysis Levered

National American University Holdin... (NAUH)

$0.085

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: -1.11 | 0.085 | 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 86.5977.1837.2724.4415.4910.326.874.583.052.03
Revenue (%)
Operating Cash Flow 0.82-3.80-5.45-4.98-2.75-1.17-0.78-0.52-0.35-0.23
Operating Cash Flow (%)
Capital Expenditure -6.11-2.03-0.79-0.08-0.08-0.26-0.17-0.12-0.08-0.05
Capital Expenditure (%)
Free Cash Flow -5.30-5.82-6.25-5.06-2.83-1.43-0.95-0.63-0.42-0.28

Weighted Average Cost Of Capital

Share price $ 0.085
Beta -1.655
Diluted Shares Outstanding 24.61
Cost of Debt
Tax Rate -5.87
After-tax Cost of Debt 6.58%
Risk-Free Rate
Market Risk Premium
Cost of Equity -4.009
Total Debt 19.31
Total Equity 2.09
Total Capital 21.40
Debt Weighting 90.23
Equity Weighting 9.77
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 86.5977.1837.2724.4415.4910.326.874.583.052.03
Operating Cash Flow 0.82-3.80-5.45-4.98-2.75-1.17-0.78-0.52-0.35-0.23
Capital Expenditure -6.11-2.03-0.79-0.08-0.08-0.26-0.17-0.12-0.08-0.05
Free Cash Flow -5.30-5.82-6.25-5.06-2.83-1.43-0.95-0.63-0.42-0.28
WACC
PV LFCF -1.36-0.86-0.54-0.34-0.21
SUM PV LFCF -3.31

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.54
Free cash flow (t + 1) -0.29
Terminal Value -8.11
Present Value of Terminal Value -6.19

Intrinsic Value

Enterprise Value -9.50
Net Debt 17.74
Equity Value -27.24
Shares Outstanding 24.61
Equity Value Per Share -1.11