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 | 212.37 | 270.78 | 306.36 | 323.97 | 6,629 | 39,650.45 | 237,163.70 | 1,418,562 | 8,484,933.14 | 50,751,458.27 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 20.96 | 25.66 | 51.01 | 29.17 | -30.39 | 3,532.12 | 21,126.88 | 126,367.53 | 755,849.98 | 4,521,012.48 |
| 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 | 19.40 | 24.38 | 50.47 | 28.47 | -31.55 | 3,403.90 | 20,359.98 | 121,780.44 | 728,412.93 | 4,356,901.55 |
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 | 212.37 | 270.78 | 306.36 | 323.97 | 6,629 | 39,650.45 | 237,163.70 | 1,418,562 | 8,484,933.14 | 50,751,458.27 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 20.96 | 25.66 | 51.01 | 29.17 | -30.39 | 3,532.12 | 21,126.88 | 126,367.53 | 755,849.98 | 4,521,012.48 |
| 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 | 19.40 | 24.38 | 50.47 | 28.47 | -31.55 | 3,403.90 | 20,359.98 | 121,780.44 | 728,412.93 | 4,356,901.55 |
| 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 | - |