Discounted Cash Flow (DCF) Analysis Levered
Red Violet, Inc. (RDVT)
$24.4
+0.34 (+1.41%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 8.58 | 16.30 | 30.29 | 34.59 | 10.22 | 13.27 | 17.24 | 22.39 | 29.08 | 37.78 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -10.41 | -8.05 | 1.65 | 6.52 | 8.95 | -1.56 | -2.03 | -2.64 | -3.43 | -4.45 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -6.47 | -6 | -6 | -5.66 | -0.28 | -4.01 | -5.21 | -6.77 | -8.79 | -11.42 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -16.88 | -14.05 | -4.36 | 0.86 | 8.67 | -5.57 | -7.24 | -9.41 | -12.22 | -15.87 |
Weighted Average Cost Of Capital
| Share price | $ 24.4 |
|---|---|
| Beta | 1.011 |
| Diluted Shares Outstanding | 11.86 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 0.37% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 7.515 |
| Total Debt | 1.91 |
| Total Equity | 289.47 |
| Total Capital | 291.38 |
| Debt Weighting | 0.65 |
| Equity Weighting | 99.35 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 8.58 | 16.30 | 30.29 | 34.59 | 10.22 | 13.27 | 17.24 | 22.39 | 29.08 | 37.78 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -10.41 | -8.05 | 1.65 | 6.52 | 8.95 | -1.56 | -2.03 | -2.64 | -3.43 | -4.45 |
| Capital Expenditure | -6.47 | -6 | -6 | -5.66 | -0.28 | -4.01 | -5.21 | -6.77 | -8.79 | -11.42 |
| Free Cash Flow | -16.88 | -14.05 | -4.36 | 0.86 | 8.67 | -5.57 | -7.24 | -9.41 | -12.22 | -15.87 |
| WACC | ||||||||||
| PV LFCF | -5.19 | -6.27 | -7.58 | -9.16 | -11.07 | |||||
| SUM PV LFCF | -39.26 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 7.47 |
| Free cash flow (t + 1) | -16.19 |
| Terminal Value | -295.92 |
| Present Value of Terminal Value | -206.41 |
Intrinsic Value
| Enterprise Value | -245.68 |
|---|---|
| Net Debt | -32.35 |
| Equity Value | -213.33 |
| Shares Outstanding | 11.86 |
| Equity Value Per Share | -17.98 |