Discounted Cash Flow (DCF) Analysis Levered
Remsons Industries Limited (REMSONSIND.NS)
869.65 ₹
-15.45 (-1.75%)
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 | 1,479.75 | 1,577.87 | 2,247.89 | 2,851.27 | 3,128 | 3,797.72 | 4,610.84 | 5,598.04 | 6,796.61 | 8,251.81 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 80.05 | 51.94 | -10.19 | 143.47 | 277 | 168.13 | 204.13 | 247.83 | 300.89 | 365.31 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -38.42 | -27.02 | -81.54 | -95.70 | -138.60 | -119.42 | -144.99 | -176.04 | -213.73 | -259.49 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 41.63 | 24.92 | -91.73 | 47.77 | 138.40 | 48.70 | 59.13 | 71.79 | 87.16 | 105.82 |
Weighted Average Cost Of Capital
Share price | $ 869.65 |
---|---|
Beta | 1.168 |
Diluted Shares Outstanding | 5.71 |
Cost of Debt | |
Tax Rate | 30.57 |
After-tax Cost of Debt | 5.34% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 9.869 |
Total Debt | 824.53 |
Total Equity | 4,968.62 |
Total Capital | 5,793.15 |
Debt Weighting | 14.23 |
Equity Weighting | 85.77 |
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 | 1,479.75 | 1,577.87 | 2,247.89 | 2,851.27 | 3,128 | 3,797.72 | 4,610.84 | 5,598.04 | 6,796.61 | 8,251.81 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 80.05 | 51.94 | -10.19 | 143.47 | 277 | 168.13 | 204.13 | 247.83 | 300.89 | 365.31 |
Capital Expenditure | -38.42 | -27.02 | -81.54 | -95.70 | -138.60 | -119.42 | -144.99 | -176.04 | -213.73 | -259.49 |
Free Cash Flow | 41.63 | 24.92 | -91.73 | 47.77 | 138.40 | 48.70 | 59.13 | 71.79 | 87.16 | 105.82 |
WACC | ||||||||||
PV LFCF | 44.59 | 49.57 | 55.10 | 61.25 | 68.09 | |||||
SUM PV LFCF | 278.60 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 9.22 |
Free cash flow (t + 1) | 109 |
Terminal Value | 1,752.39 |
Present Value of Terminal Value | 1,127.51 |
Intrinsic Value
Enterprise Value | 1,406.11 |
---|---|
Net Debt | 703.07 |
Equity Value | 703.04 |
Shares Outstanding | 5.71 |
Equity Value Per Share | 123.05 |