Discounted Cash Flow (DCF) Analysis Levered
PIMCO Global StocksPLUS & Income Fu... (PGP)
$7.13
+0.03 (+0.42%)
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 | 8.01 | -14.49 | 41.91 | -26.19 | 9.67 | -13.77 | 19.61 | -27.93 | 39.76 | -56.62 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -10.70 | 21.06 | -4.29 | 9.36 | 38.08 | -1.90 | 2.70 | -3.85 | 5.48 | -7.80 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | - | - | - | - | - | -1.90 | 2.70 | -3.85 | 5.48 | -7.80 |
Weighted Average Cost Of Capital
| Share price | $ 7.13 |
|---|---|
| Beta | 1.157 |
| Diluted Shares Outstanding | 11.34 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 7.23% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.571 |
| Total Debt | 23.97 |
| Total Equity | 80.83 |
| Total Capital | 104.80 |
| Debt Weighting | 22.87 |
| Equity Weighting | 77.13 |
| 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 | 8.01 | -14.49 | 41.91 | -26.19 | 9.67 | -13.77 | 19.61 | -27.93 | 39.76 | -56.62 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -10.70 | 21.06 | -4.29 | 9.36 | 38.08 | -1.90 | 2.70 | -3.85 | 5.48 | -7.80 |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | -1.90 | 2.70 | -3.85 | 5.48 | -7.80 |
| WACC | ||||||||||
| PV LFCF | -1.74 | 2.27 | -2.97 | 3.87 | -5.06 | |||||
| SUM PV LFCF | -3.62 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 9.04 |
| Free cash flow (t + 1) | -7.96 |
| Terminal Value | -113 |
| Present Value of Terminal Value | -73.31 |
Intrinsic Value
| Enterprise Value | -76.93 |
|---|---|
| Net Debt | 23.96 |
| Equity Value | -100.89 |
| Shares Outstanding | 11.34 |
| Equity Value Per Share | -8.90 |