Discounted Cash Flow (DCF) Analysis Levered
Nuveen Intermediate Duration Qualit... (NIQ)
$12.585
+0.01 (+0.04%)
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 | 2.42 | 13.42 | 5.87 | 14.11 | -13.09 | -24.41 | -45.51 | -84.85 | -158.19 | -294.92 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 10.14 | 2.74 | 5.26 | 8.26 | 4.75 | -26.91 | -50.18 | -93.55 | -174.41 | -325.17 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | - | - | - | - | - | -26.91 | -50.18 | -93.55 | -174.41 | -325.17 |
Weighted Average Cost Of Capital
Share price | $ 12.585 |
---|---|
Beta | 0.000 |
Diluted Shares Outstanding | 13.01 |
Cost of Debt | |
Tax Rate | 0.00 |
After-tax Cost of Debt | 5.00% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 3.810 |
Total Debt | - |
Total Equity | 163.79 |
Total Capital | 163.79 |
Debt Weighting | 0.00 |
Equity Weighting | 100.00 |
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 | 2.42 | 13.42 | 5.87 | 14.11 | -13.09 | -24.41 | -45.51 | -84.85 | -158.19 | -294.92 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 10.14 | 2.74 | 5.26 | 8.26 | 4.75 | -26.91 | -50.18 | -93.55 | -174.41 | -325.17 |
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow | - | - | - | - | - | -26.91 | -50.18 | -93.55 | -174.41 | -325.17 |
WACC | ||||||||||
PV LFCF | -25.93 | -46.56 | -83.62 | -150.18 | -269.72 | |||||
SUM PV LFCF | -576.01 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 3.81 |
Free cash flow (t + 1) | -331.68 |
Terminal Value | -18,324.68 |
Present Value of Terminal Value | -15,199.89 |
Intrinsic Value
Enterprise Value | -15,775.90 |
---|---|
Net Debt | -1.01 |
Equity Value | -15,774.89 |
Shares Outstanding | 13.01 |
Equity Value Per Share | -1,212.10 |