Discounted Cash Flow (DCF) Analysis Levered

Orege Société Anonyme (OREGE.PA)

0.486 €

-0.00 (-0.82%)
All numbers are in Millions, Currency in USD
Stock DCF: -132.36 | 0.486 | overvalue

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 0.712.260.932.012.263.906.7211.5719.9234.30
Revenue (%)
Operating Cash Flow -11.49-8.63-9.01-4.38-3.52-26.09-44.94-77.39-133.29-229.55
Operating Cash Flow (%)
Capital Expenditure -0.87-0.09-0.28-0.15-0.07-1.30-2.25-3.87-6.66-11.47
Capital Expenditure (%)
Free Cash Flow -12.36-8.72-9.28-4.53-3.59-27.40-47.18-81.26-139.95-241.02

Weighted Average Cost Of Capital

Share price $ 0.486
Beta 0.580
Diluted Shares Outstanding 51.53
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 4.04%
Risk-Free Rate
Market Risk Premium
Cost of Equity 6.244
Total Debt 30.56
Total Equity 25.05
Total Capital 55.61
Debt Weighting 54.96
Equity Weighting 45.04
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 0.712.260.932.012.263.906.7211.5719.9234.30
Operating Cash Flow -11.49-8.63-9.01-4.38-3.52-26.09-44.94-77.39-133.29-229.55
Capital Expenditure -0.87-0.09-0.28-0.15-0.07-1.30-2.25-3.87-6.66-11.47
Free Cash Flow -12.36-8.72-9.28-4.53-3.59-27.40-47.18-81.26-139.95-241.02
WACC
PV LFCF -22.51-36.92-60.53-99.26-162.76
SUM PV LFCF -442.57

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.03
Free cash flow (t + 1) -245.84
Terminal Value -8,113.65
Present Value of Terminal Value -6,348.18

Intrinsic Value

Enterprise Value -6,790.76
Net Debt 30.19
Equity Value -6,820.94
Shares Outstanding 51.53
Equity Value Per Share -132.36