Discounted Cash Flow (DCF) Analysis Levered
Adams Natural Resources Fund, Inc. (PEO)
$19.74
-0.30 (-1.50%)
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 | -121.09 | 70.93 | -136.60 | 157.92 | 208.61 | -122.38 | 71.80 | -42.12 | 24.71 | -14.50 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -126.04 | 65.66 | -134.32 | 155.28 | 205.12 | -120.34 | 70.60 | -41.42 | 24.30 | -14.25 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | - | - | -134.32 | 155.28 | 205.12 | -120.34 | 70.60 | -41.42 | 24.30 | -14.25 |
Weighted Average Cost Of Capital
| Share price | $ 19.74 |
|---|---|
| Beta | 1.272 |
| Diluted Shares Outstanding | 29.71 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.503 |
| Total Debt | - |
| Total Equity | 586.50 |
| Total Capital | - |
| Debt Weighting | - |
| Equity Weighting | - |
| 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 | -121.09 | 70.93 | -136.60 | 157.92 | 208.61 | -122.38 | 71.80 | -42.12 | 24.71 | -14.50 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -126.04 | 65.66 | -134.32 | 155.28 | 205.12 | -120.34 | 70.60 | -41.42 | 24.30 | -14.25 |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | -134.32 | 155.28 | 205.12 | -120.34 | 70.60 | -41.42 | 24.30 | -14.25 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | -14.54 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -0.15 |
| Equity Value | - |
| Shares Outstanding | 29.71 |
| Equity Value Per Share | - |