Discounted Cash Flow (DCF) Analysis Levered

Omax Autos Limited (OMAXAUTO.NS)

54.6 ₹

-1.80 (-3.19%)
All numbers are in Millions, Currency in USD
Stock DCF: -93.20 | 54.6 | overvalue

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 11,789.589,529.064,516.351,614.852,135.841,581.801,171.48867.60642.54475.87
Revenue (%)
Operating Cash Flow 684.48-873.83150.95370.62190.88100.8174.6655.2940.9530.33
Operating Cash Flow (%)
Capital Expenditure -90.69-250.08-1,797.59-668.71-147.12-289.45-214.37-158.76-117.58-87.08
Capital Expenditure (%)
Free Cash Flow 593.78-1,123.91-1,646.64-298.0943.76-188.64-139.71-103.47-76.63-56.75

Weighted Average Cost Of Capital

Share price $ 54.6
Beta 0.399
Diluted Shares Outstanding 21.39
Cost of Debt
Tax Rate -3.37
After-tax Cost of Debt 18.54%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.374
Total Debt 1,434.67
Total Equity 1,167.80
Total Capital 2,602.47
Debt Weighting 55.13
Equity Weighting 44.87
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 11,789.589,529.064,516.351,614.852,135.841,581.801,171.48867.60642.54475.87
Operating Cash Flow 684.48-873.83150.95370.62190.88100.8174.6655.2940.9530.33
Capital Expenditure -90.69-250.08-1,797.59-668.71-147.12-289.45-214.37-158.76-117.58-87.08
Free Cash Flow 593.78-1,123.91-1,646.64-298.0943.76-188.64-139.71-103.47-76.63-56.75
WACC
PV LFCF -167.48-110.13-72.42-47.62-31.31
SUM PV LFCF -428.96

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 12.63
Free cash flow (t + 1) -57.88
Terminal Value -544.54
Present Value of Terminal Value -300.44

Intrinsic Value

Enterprise Value -729.40
Net Debt 1,264.08
Equity Value -1,993.48
Shares Outstanding 21.39
Equity Value Per Share -93.20