Discounted Cash Flow (DCF) Analysis Levered

PIMCO Income Strategy Fund (PFL)

$8.1615

-0.01 (-0.10%)
All numbers are in Millions, Currency in USD
Stock DCF: -31.55 | 8.1615 | overvalue

Free Cash Flow

Year
A/P
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue -15.4173.27-48.2315.42-29.4756.32-107.62205.67-393.05
Revenue (%)
Operating Cash Flow -20.81-90.52111.8447.98-6.6812.77-24.4146.64-89.13
Operating Cash Flow (%)
Capital Expenditure ---------
Capital Expenditure (%)
Free Cash Flow -----6.6812.77-24.4146.64-89.13

Weighted Average Cost Of Capital

Share price $ 8.1,615
Beta 0.739
Diluted Shares Outstanding 38.17
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 8.16%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.597
Total Debt 57.52
Total Equity 311.52
Total Capital 369.04
Debt Weighting 15.59
Equity Weighting 84.41
Wacc

Build Up Free Cash Flow

Year
A/P
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue -15.4173.27-48.2315.42-29.4756.32-107.62205.67-393.05
Operating Cash Flow -20.81-90.52111.8447.98-6.6812.77-24.4146.64-89.13
Capital Expenditure ---------
Free Cash Flow -----6.6812.77-24.4146.64-89.13
WACC
PV LFCF -5.7610.23-18.1532.22-57.18
SUM PV LFCF -41.62

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 7.68
Free cash flow (t + 1) -90.92
Terminal Value -1,600.65
Present Value of Terminal Value -1,105.66

Intrinsic Value

Enterprise Value -1,147.27
Net Debt 56.80
Equity Value -1,204.08
Shares Outstanding 38.17
Equity Value Per Share -31.55