Discounted Cash Flow (DCF) Analysis Levered
Panama Petrochem Limited (PANAMAPET.NS)
316.55 ₹
+2.75 (+0.88%)
All numbers are in Millions, Currency in USD
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 | 13,262.86 | 12,693.26 | 10,027.54 | 14,469.62 | 21,323.54 | 24,861.69 | 28,986.91 | 33,796.61 | 39,404.38 | 45,942.62 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 338.74 | -783.06 | 1,787.95 | 552.11 | 1,700.22 | 1,293.03 | 1,507.58 | 1,757.72 | 2,049.38 | 2,389.42 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -185.01 | -232.58 | -201.29 | -249.91 | -301.51 | -416.47 | -485.57 | -566.14 | -660.08 | -769.61 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 153.73 | -1,015.64 | 1,586.67 | 302.20 | 1,398.71 | 876.56 | 1,022 | 1,191.58 | 1,389.30 | 1,619.82 |
Weighted Average Cost Of Capital
| Share price | $ 316.55 |
|---|---|
| Beta | 1.706 |
| Diluted Shares Outstanding | 60.49 |
| Cost of Debt | |
| Tax Rate | 19.54 |
| After-tax Cost of Debt | 18.88% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 11.573 |
| Total Debt | 300.75 |
| Total Equity | 19,147.68 |
| Total Capital | 19,448.43 |
| Debt Weighting | 1.55 |
| Equity Weighting | 98.45 |
| 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 | 13,262.86 | 12,693.26 | 10,027.54 | 14,469.62 | 21,323.54 | 24,861.69 | 28,986.91 | 33,796.61 | 39,404.38 | 45,942.62 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 338.74 | -783.06 | 1,787.95 | 552.11 | 1,700.22 | 1,293.03 | 1,507.58 | 1,757.72 | 2,049.38 | 2,389.42 |
| Capital Expenditure | -185.01 | -232.58 | -201.29 | -249.91 | -301.51 | -416.47 | -485.57 | -566.14 | -660.08 | -769.61 |
| Free Cash Flow | 153.73 | -1,015.64 | 1,586.67 | 302.20 | 1,398.71 | 876.56 | 1,022 | 1,191.58 | 1,389.30 | 1,619.82 |
| WACC | ||||||||||
| PV LFCF | 784.81 | 819.26 | 855.23 | 892.77 | 931.95 | |||||
| SUM PV LFCF | 4,284.02 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 11.69 |
| Free cash flow (t + 1) | 1,652.21 |
| Terminal Value | 17,050.70 |
| Present Value of Terminal Value | 9,810.04 |
Intrinsic Value
| Enterprise Value | 14,094.06 |
|---|---|
| Net Debt | -318.07 |
| Equity Value | 14,412.13 |
| Shares Outstanding | 60.49 |
| Equity Value Per Share | 238.26 |