Discounted Cash Flow (DCF) Analysis Levered
Oblong, Inc. (OBLG)
$1.57
+0.19 (+13.77%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 14.80 | 12.56 | 12.83 | 15.33 | 7.74 | 6.91 | 6.16 | 5.50 | 4.91 | 4.38 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 1.61 | -1.16 | -3.25 | -6.57 | -7.73 | -2.30 | -2.05 | -1.83 | -1.63 | -1.46 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.13 | -0.34 | -0.04 | -0.04 | -0.05 | -0.07 | -0.06 | -0.05 | -0.05 | -0.04 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 1.48 | -1.49 | -3.30 | -6.60 | -7.78 | -2.37 | -2.11 | -1.88 | -1.68 | -1.50 |
Weighted Average Cost Of Capital
| Share price | $ 1.57 |
|---|---|
| Beta | 3.102 |
| Diluted Shares Outstanding | 30.82 |
| Cost of Debt | |
| Tax Rate | 0.98 |
| After-tax Cost of Debt | 2.99% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 18.248 |
| Total Debt | 0.73 |
| Total Equity | 48.38 |
| Total Capital | 49.11 |
| Debt Weighting | 1.48 |
| Equity Weighting | 98.52 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 14.80 | 12.56 | 12.83 | 15.33 | 7.74 | 6.91 | 6.16 | 5.50 | 4.91 | 4.38 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 1.61 | -1.16 | -3.25 | -6.57 | -7.73 | -2.30 | -2.05 | -1.83 | -1.63 | -1.46 |
| Capital Expenditure | -0.13 | -0.34 | -0.04 | -0.04 | -0.05 | -0.07 | -0.06 | -0.05 | -0.05 | -0.04 |
| Free Cash Flow | 1.48 | -1.49 | -3.30 | -6.60 | -7.78 | -2.37 | -2.11 | -1.88 | -1.68 | -1.50 |
| WACC | ||||||||||
| PV LFCF | -0.88 | -0.66 | -0.50 | -0.38 | -0.29 | |||||
| SUM PV LFCF | -6.19 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 18.02 |
| Free cash flow (t + 1) | -1.53 |
| Terminal Value | -9.56 |
| Present Value of Terminal Value | -4.17 |
Intrinsic Value
| Enterprise Value | -10.36 |
|---|---|
| Net Debt | -8.21 |
| Equity Value | -2.15 |
| Shares Outstanding | 30.82 |
| Equity Value Per Share | -0.07 |