Discounted Cash Flow (DCF) Analysis Levered

NI Holdings, Inc. (NODK)

$13.4

+0.16 (+1.21%)
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 212.37270.78306.36323.976,62939,650.45237,163.701,418,5628,484,933.1450,751,458.27
Revenue (%)
Operating Cash Flow 20.9625.6651.0129.17-30.393,532.1221,126.88126,367.53755,849.984,521,012.48
Operating Cash Flow (%)
Capital Expenditure -1.55-1.29-0.54-0.70-1.16-128.21-766.90-4,587.09-27,437.05-164,110.93
Capital Expenditure (%)
Free Cash Flow 19.4024.3850.4728.47-31.553,403.9020,359.98121,780.44728,412.934,356,901.55

Weighted Average Cost Of Capital

Share price $ 13.4
Beta 0.263
Diluted Shares Outstanding 21.66
Cost of Debt
Tax Rate -41.47
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 4.907
Total Debt -
Total Equity 290.20
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 212.37270.78306.36323.976,62939,650.45237,163.701,418,5628,484,933.1450,751,458.27
Operating Cash Flow 20.9625.6651.0129.17-30.393,532.1221,126.88126,367.53755,849.984,521,012.48
Capital Expenditure -1.55-1.29-0.54-0.70-1.16-128.21-766.90-4,587.09-27,437.05-164,110.93
Free Cash Flow 19.4024.3850.4728.47-31.553,403.9020,359.98121,780.44728,412.934,356,901.55
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 4,444,039.58
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -47
Equity Value -
Shares Outstanding 21.66
Equity Value Per Share -