Discounted Cash Flow (DCF) Analysis Levered

OFS Credit Company, Inc. (OCCI)

$10.3201

+0.10 (+0.98%)
All numbers are in Millions, Currency in USD
Stock DCF: 291,877,948.61 | 10.3201 | undervalue

Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 0.35-6.47-1.6422.97-246.882,653.30-28,516.30306,478.15-3,293,865.52
Revenue (%)
Operating Cash Flow -41.04-28.933.46-65.727,251.77-77,938.15837,638.15-9,002,493.0396,754,047.40
Operating Cash Flow (%)
Capital Expenditure ---------
Capital Expenditure (%)
Free Cash Flow ----7,251.77-77,938.15837,638.15-9,002,493.0396,754,047.40

Weighted Average Cost Of Capital

Share price $ 10.3,201
Beta 1.468
Diluted Shares Outstanding 2.60
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 10.486
Total Debt -
Total Equity 26.84
Total Capital 26.84
Debt Weighting 0.00
Equity Weighting 100.00
Wacc

Build Up Free Cash Flow

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 0.35-6.47-1.6422.97-246.882,653.30-28,516.30306,478.15-3,293,865.52
Operating Cash Flow -41.04-28.933.46-65.727,251.77-77,938.15837,638.15-9,002,493.0396,754,047.40
Capital Expenditure ---------
Free Cash Flow ----7,251.77-77,938.15837,638.15-9,002,493.0396,754,047.40
WACC
PV LFCF 7,251.77-70,538.65686,136.46-6,674,117.8864,919,811.05
SUM PV LFCF 53,279,520.99

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 10.49
Free cash flow (t + 1) 98,689,128.35
Terminal Value 1,162,416,117.18
Present Value of Terminal Value 705,905,807.82

Intrinsic Value

Enterprise Value 759,185,328.81
Net Debt -15
Equity Value 759,185,343.81
Shares Outstanding 2.60
Equity Value Per Share 291,877,948.61