Discounted Cash Flow (DCF) Analysis Levered

OFS Credit Company, Inc. (OCCI)

$9.64

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: 294,151,555.91 | 9.64 | 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 $ 9.64
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 10.443
Total Debt -
Total Equity 25.07
Total Capital 25.07
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 7,251.77-70,570.58686,757.88-6,683,186.8065,037,456.67
SUM PV LFCF 53,402,489.07

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 10.44
Free cash flow (t + 1) 98,689,128.35
Terminal Value 1,169,302,468.59
Present Value of Terminal Value 711,696,576.47

Intrinsic Value

Enterprise Value 765,099,065.54
Net Debt -15
Equity Value 765,099,080.54
Shares Outstanding 2.60
Equity Value Per Share 294,151,555.91