Discounted Cash Flow (DCF) Analysis Levered
B. Riley Financial, Inc. 5.00% Seni... (RILYG)
$18.095
+0.06 (+0.30%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 1,740.56 | 915.46 | 481.50 | 253.25 | 133.20 | 70.06 | 36.85 |
|---|---|---|---|---|---|---|---|
| Revenue (%) | |||||||
| Operating Cash Flow | 0.05 | 6.65 | 1.76 | 0.92 | 0.49 | 0.26 | 0.13 |
| Operating Cash Flow (%) | |||||||
| Capital Expenditure | -0 | -3.92 | -1.03 | -0.54 | -0.29 | -0.15 | -0.08 |
| Capital Expenditure (%) | |||||||
| Free Cash Flow | 0.05 | 2.74 | 0.73 | 0.38 | 0.20 | 0.11 | 0.06 |
Weighted Average Cost Of Capital
| Share price | $ 18.095 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | - |
| Cost of Debt | |
| Tax Rate | 23.87 |
| After-tax Cost of Debt | 2.57% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.714 |
| Total Debt | 1,973.82 |
| Total Equity | - |
| Total Capital | - |
| Debt Weighting | - |
| Equity Weighting | - |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 1,740.56 | 915.46 | 481.50 | 253.25 | 133.20 | 70.06 | 36.85 |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 0.05 | 6.65 | 1.76 | 0.92 | 0.49 | 0.26 | 0.13 |
| Capital Expenditure | -0 | -3.92 | -1.03 | -0.54 | -0.29 | -0.15 | -0.08 |
| Free Cash Flow | 0.05 | 2.74 | 0.73 | 0.38 | 0.20 | 0.11 | 0.06 |
| WACC | |||||||
| PV LFCF | - | - | 0.20 | - | - | ||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | 0.06 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | 1,705.20 |
| Equity Value | - |
| Shares Outstanding | - |
| Equity Value Per Share | - |