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 -