Discounted Cash Flow (DCF) Analysis Levered
PIMCO Energy and Tactical Credit Op... (NRGX)
$14.44
+0.30 (+2.12%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 22.27 | -424.48 | 282.17 | 78.20 | -506.88 | 3,285.55 | -21,296.65 | 138,043.11 | -894,783.82 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | |||||||||
| Operating Cash Flow | -1,245.43 | 439.69 | -86.46 | -80.46 | 7,386.21 | -47,876.76 | 310,333.14 | -2,011,553.31 | 13,038,719.21 |
| Operating Cash Flow (%) | |||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) | |||||||||
| Free Cash Flow | - | - | - | - | 7,386.21 | -47,876.76 | 310,333.14 | -2,011,553.31 | 13,038,719.21 |
Weighted Average Cost Of Capital
| Share price | $ 14.44 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 44.69 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 0.24% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.608 |
| Total Debt | 240.77 |
| Total Equity | 645.27 |
| Total Capital | 886.04 |
| Debt Weighting | 27.17 |
| Equity Weighting | 72.83 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 22.27 | -424.48 | 282.17 | 78.20 | -506.88 | 3,285.55 | -21,296.65 | 138,043.11 | -894,783.82 |
|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -1,245.43 | 439.69 | -86.46 | -80.46 | 7,386.21 | -47,876.76 | 310,333.14 | -2,011,553.31 | 13,038,719.21 |
| Capital Expenditure | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | 7,386.21 | -47,876.76 | 310,333.14 | -2,011,553.31 | 13,038,719.21 |
| WACC | |||||||||
| PV LFCF | 6,468.16 | -40,827.79 | 257,709.89 | -1,626,695.69 | 10,267,898.06 | ||||
| SUM PV LFCF | 9,857,560.20 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 2.69 |
| Free cash flow (t + 1) | 13,299,493.60 |
| Terminal Value | 1,927,462,840.14 |
| Present Value of Terminal Value | 1,687,894,292.65 |
Intrinsic Value
| Enterprise Value | 1,697,751,852.85 |
|---|---|
| Net Debt | 240.76 |
| Equity Value | 1,697,751,612.08 |
| Shares Outstanding | 44.69 |
| Equity Value Per Share | 37,992,451.29 |