Discounted Cash Flow (DCF) Analysis Levered

B. Riley Financial, Inc. (RILYL)

$25

0.00 (0.00%)
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 322.18422.99652.11902.721,740.562,683.524,137.336,378.749,834.4615,162.32
Revenue (%)
Operating Cash Flow -81.79-104.81-30.3957.6950.89-244.26-376.60-580.62-895.17-1,380.13
Operating Cash Flow (%)
Capital Expenditure -0.82-5.43-3.46-2.04-0.68-12.54-19.33-29.81-45.95-70.85
Capital Expenditure (%)
Free Cash Flow -82.61-110.25-33.8555.6450.22-256.80-395.93-610.42-941.12-1,450.98

Weighted Average Cost Of Capital

Share price $ 25
Beta 1.821
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 27.61
After-tax Cost of Debt 1.60%
Risk-Free Rate
Market Risk Premium
Cost of Equity 12.344
Total Debt 4,191.06
Total Equity -
Total Capital -
Debt Weighting -
Equity Weighting -
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 322.18422.99652.11902.721,740.562,683.524,137.336,378.749,834.4615,162.32
Operating Cash Flow -81.79-104.81-30.3957.6950.89-244.26-376.60-580.62-895.17-1,380.13
Capital Expenditure -0.82-5.43-3.46-2.04-0.68-12.54-19.33-29.81-45.95-70.85
Free Cash Flow -82.61-110.25-33.8555.6450.22-256.80-395.93-610.42-941.12-1,450.98
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -1,480
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 3,912.13
Equity Value -
Shares Outstanding -
Equity Value Per Share -