Discounted Cash Flow (DCF) Analysis Levered

National Rural Utilities Cooper (NRUC)

$22.15

+0.15 (+0.68%)
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 284.62299.46330.20433.47452.90510.91576.36650.18733.47827.42
Revenue (%)
Operating Cash Flow 155.23197.04219.21239.96250.79303.95342.89386.81436.35492.25
Operating Cash Flow (%)
Capital Expenditure ---9.57-12.56-13.12-14.80-16.70-18.83-21.25-23.97
Capital Expenditure (%)
Free Cash Flow 155.23197.04209.65227.40237.67289.15326.19367.97415.11468.28

Weighted Average Cost Of Capital

Share price $ 22.15
Beta 0.000
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 45.51
After-tax Cost of Debt 1,449.15%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.804
Total Debt 26.53
Total Equity -
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 284.62299.46330.20433.47452.90510.91576.36650.18733.47827.42
Operating Cash Flow 155.23197.04219.21239.96250.79303.95342.89386.81436.35492.25
Capital Expenditure ---9.57-12.56-13.12-14.80-16.70-18.83-21.25-23.97
Free Cash Flow 155.23197.04209.65227.40237.67289.15326.19367.97415.11468.28
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 477.64
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 26.37
Equity Value -
Shares Outstanding -
Equity Value Per Share -