Discounted Cash Flow (DCF) Analysis Levered
PolarityTE, Inc. (PTE)
$0.241
-0.00 (-0.82%)
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 | 1.56 | 5.65 | 10.13 | 9.40 | 0.81 | 1.31 | 2.10 | 3.37 | 5.41 | 8.69 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | -28.55 | -56.65 | -37.75 | -22.63 | -22.60 | -16.26 | -26.10 | -41.91 | -67.30 | -108.07 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -9.22 | -2.77 | -1.34 | -0.12 | -0.04 | -1.72 | -2.76 | -4.44 | -7.12 | -11.44 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -37.77 | -59.42 | -39.09 | -22.75 | -22.63 | -17.98 | -28.86 | -46.35 | -74.42 | -119.50 |
Weighted Average Cost Of Capital
Share price | $ 0.241 |
---|---|
Beta | 1.152 |
Diluted Shares Outstanding | 7.67 |
Cost of Debt | |
Tax Rate | 230.36 |
After-tax Cost of Debt | -0.43% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 10.062 |
Total Debt | 3.36 |
Total Equity | 1.85 |
Total Capital | 5.21 |
Debt Weighting | 64.52 |
Equity Weighting | 35.48 |
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 | 1.56 | 5.65 | 10.13 | 9.40 | 0.81 | 1.31 | 2.10 | 3.37 | 5.41 | 8.69 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | -28.55 | -56.65 | -37.75 | -22.63 | -22.60 | -16.26 | -26.10 | -41.91 | -67.30 | -108.07 |
Capital Expenditure | -9.22 | -2.77 | -1.34 | -0.12 | -0.04 | -1.72 | -2.76 | -4.44 | -7.12 | -11.44 |
Free Cash Flow | -37.77 | -59.42 | -39.09 | -22.75 | -22.63 | -17.98 | -28.86 | -46.35 | -74.42 | -119.50 |
WACC | ||||||||||
PV LFCF | -17.40 | -27.05 | -42.06 | -65.38 | -101.65 | |||||
SUM PV LFCF | -253.55 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 3.29 |
Free cash flow (t + 1) | -121.89 |
Terminal Value | -9,449.13 |
Present Value of Terminal Value | -8,037.12 |
Intrinsic Value
Enterprise Value | -8,290.67 |
---|---|
Net Debt | -8.09 |
Equity Value | -8,282.58 |
Shares Outstanding | 7.67 |
Equity Value Per Share | -1,080.54 |