Discounted Cash Flow (DCF) Analysis Levered

Virtus Equity & Convertible Income ... (NIE)

$20.7

-0.30 (-1.43%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 124.85-11.96107.90209.4275.64-128.91219.68-374.38638.01-1,087.28
Revenue (%)
Operating Cash Flow 124.45-12.81107.45213.8777.25-131.65224.35-382.34651.57-1,110.38
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow ---213.8777.25-131.65224.35-382.34651.57-1,110.38

Weighted Average Cost Of Capital

Share price $ 20.7
Beta 1.024
Diluted Shares Outstanding 27.71
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.529
Total Debt -
Total Equity 573.55
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 124.85-11.96107.90209.4275.64-128.91219.68-374.38638.01-1,087.28
Operating Cash Flow 124.45-12.81107.45213.8777.25-131.65224.35-382.34651.57-1,110.38
Capital Expenditure ----------
Free Cash Flow ---213.8777.25-131.65224.35-382.34651.57-1,110.38
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -1,132.59
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.10
Equity Value -
Shares Outstanding 27.71
Equity Value Per Share -