Discounted Cash Flow (DCF) Analysis Levered
CI Canadian REIT ETF (RIT.TO)
$15.11
-0.25 (-1.63%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2013 Actual | 2014 Projected | 2015 Projected | 2016 Projected | 2017 Projected | 2018 Projected | 2019 Projected |
| Revenue | 3.97 | - | - | - | - | - | - |
|---|---|---|---|---|---|---|---|
| Revenue (%) | |||||||
| Operating Cash Flow | 22.58 | - | - | - | - | - | - |
| Operating Cash Flow (%) | |||||||
| Capital Expenditure | - | - | - | - | - | - | - |
| Capital Expenditure (%) | |||||||
| Free Cash Flow | - | - | - | - | - | - | - |
Weighted Average Cost Of Capital
| Share price | $ 15.11 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 6.54 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 5.00% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 4.542 |
| Total Debt | 4 |
| Total Equity | 98.76 |
| Total Capital | 102.76 |
| Debt Weighting | 3.89 |
| Equity Weighting | 96.11 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2013 Actual | 2014 Projected | 2015 Projected | 2016 Projected | 2017 Projected | 2018 Projected | 2019 Projected |
| Revenue | 3.97 | - | - | - | - | - | - |
|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 22.58 | - | - | - | - | - | - |
| Capital Expenditure | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | - | - |
| WACC | |||||||
| PV LFCF | - | - | - | - | - | - | |
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 4.56 |
| Free cash flow (t + 1) | - |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | 3.32 |
| Equity Value | - |
| Shares Outstanding | 6.54 |
| Equity Value Per Share | - |