Discounted Cash Flow (DCF) Analysis Levered
RumbleON, Inc. (RMBL)
$12.22
+1.25 (+11.39%)
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 | 156.40 | 840.63 | 416.43 | 934.73 | 1,793.37 | 4,498.46 | 11,283.87 | 28,304.28 | 70,998.05 | 178,090.45 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -23.45 | -39.75 | 17.14 | -35.99 | -0.02 | -175.06 | -439.13 | -1,101.50 | -2,762.98 | -6,930.61 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -2.17 | -3.21 | -2.32 | -9.59 | -0.01 | -30.15 | -75.64 | -189.72 | -475.90 | -1,193.74 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -25.62 | -42.95 | 14.82 | -45.58 | -0.02 | -205.22 | -514.76 | -1,291.22 | -3,238.87 | -8,124.35 |
Weighted Average Cost Of Capital
| Share price | $ 12.22 |
|---|---|
| Beta | 2.268 |
| Diluted Shares Outstanding | 15.87 |
| Cost of Debt | |
| Tax Rate | 21.73 |
| After-tax Cost of Debt | 5.78% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 14.398 |
| Total Debt | 730.15 |
| Total Equity | 193.94 |
| Total Capital | 924.10 |
| Debt Weighting | 79.01 |
| Equity Weighting | 20.99 |
| 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 | 156.40 | 840.63 | 416.43 | 934.73 | 1,793.37 | 4,498.46 | 11,283.87 | 28,304.28 | 70,998.05 | 178,090.45 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -23.45 | -39.75 | 17.14 | -35.99 | -0.02 | -175.06 | -439.13 | -1,101.50 | -2,762.98 | -6,930.61 |
| Capital Expenditure | -2.17 | -3.21 | -2.32 | -9.59 | -0.01 | -30.15 | -75.64 | -189.72 | -475.90 | -1,193.74 |
| Free Cash Flow | -25.62 | -42.95 | 14.82 | -45.58 | -0.02 | -205.22 | -514.76 | -1,291.22 | -3,238.87 | -8,124.35 |
| WACC | ||||||||||
| PV LFCF | -190.74 | -444.69 | -1,036.77 | -2,417.17 | -5,635.45 | |||||
| SUM PV LFCF | -9,724.83 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 7.59 |
| Free cash flow (t + 1) | -8,286.83 |
| Terminal Value | -148,243.88 |
| Present Value of Terminal Value | -102,829.38 |
Intrinsic Value
| Enterprise Value | -112,554.21 |
|---|---|
| Net Debt | 681.58 |
| Equity Value | -113,235.79 |
| Shares Outstanding | 15.87 |
| Equity Value Per Share | -7,134.76 |