Discounted Cash Flow (DCF) Analysis Levered
NextStage SCA (NEXTS.PA)
105 €
0.00 (0.00%)
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 | 14.37 | 1.02 | 16.17 | -37.47 | 27.18 | 87.03 | 278.69 | 892.48 | 2,858.09 | 9,152.73 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | -3.55 | -10.12 | 3.12 | -4.57 | -2.56 | -172.34 | -551.91 | -1,767.43 | -5,660.02 | -18,125.64 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | - | - | - | - | - | -172.34 | -551.91 | -1,767.43 | -5,660.02 | -18,125.64 |
Weighted Average Cost Of Capital
Share price | $ 105 |
---|---|
Beta | 0.208 |
Diluted Shares Outstanding | 107.49 |
Cost of Debt | |
Tax Rate | 0.00 |
After-tax Cost of Debt | 1.74% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 4.546 |
Total Debt | 17.11 |
Total Equity | 11,286.03 |
Total Capital | 11,303.14 |
Debt Weighting | 0.15 |
Equity Weighting | 99.85 |
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 | 14.37 | 1.02 | 16.17 | -37.47 | 27.18 | 87.03 | 278.69 | 892.48 | 2,858.09 | 9,152.73 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | -3.55 | -10.12 | 3.12 | -4.57 | -2.56 | -172.34 | -551.91 | -1,767.43 | -5,660.02 | -18,125.64 |
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow | - | - | - | - | - | -172.34 | -551.91 | -1,767.43 | -5,660.02 | -18,125.64 |
WACC | ||||||||||
PV LFCF | -157.70 | -483.08 | -1,479.83 | -4,533.20 | -13,886.68 | |||||
SUM PV LFCF | -21,473.03 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 4.54 |
Free cash flow (t + 1) | -18,488.15 |
Terminal Value | -727,879.93 |
Present Value of Terminal Value | -582,971.42 |
Intrinsic Value
Enterprise Value | -604,444.45 |
---|---|
Net Debt | -22.87 |
Equity Value | -604,421.58 |
Shares Outstanding | 107.49 |
Equity Value Per Share | -5,623.26 |