Discounted Cash Flow (DCF) Analysis Levered
Renault SA (RNO.PA)
36.8 €
-0.18 (-0.50%)
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 | 57,419 | 55,537 | 43,475 | 46,213 | 46,391 | 44,267.05 | 42,240.34 | 40,306.42 | 38,461.05 | 36,700.16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 6,285 | 5,599 | 5,753 | 2,409 | 3,613 | 4,184.23 | 3,992.67 | 3,809.87 | 3,635.44 | 3,468.99 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -4,517 | -5,121 | -4,208 | -3,001 | -2,684 | -3,456.92 | -3,298.65 | -3,147.62 | -3,003.51 | -2,866 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 1,768 | 478 | 1,545 | -592 | 929 | 727.32 | 694.02 | 662.24 | 631.92 | 602.99 |
Weighted Average Cost Of Capital
| Share price | $ 36.8 |
|---|---|
| Beta | 1.712 |
| Diluted Shares Outstanding | - |
| Cost of Debt | |
| Tax Rate | 115.70 |
| After-tax Cost of Debt | -0.09% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 11.486 |
| Total Debt | 63,016 |
| Total Equity | - |
| Total Capital | 63,016 |
| Debt Weighting | 100.00 |
| Equity Weighting | 0.00 |
| 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 | 57,419 | 55,537 | 43,475 | 46,213 | 46,391 | 44,267.05 | 42,240.34 | 40,306.42 | 38,461.05 | 36,700.16 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 6,285 | 5,599 | 5,753 | 2,409 | 3,613 | 4,184.23 | 3,992.67 | 3,809.87 | 3,635.44 | 3,468.99 |
| Capital Expenditure | -4,517 | -5,121 | -4,208 | -3,001 | -2,684 | -3,456.92 | -3,298.65 | -3,147.62 | -3,003.51 | -2,866 |
| Free Cash Flow | 1,768 | 478 | 1,545 | -592 | 929 | 727.32 | 694.02 | 662.24 | 631.92 | 602.99 |
| WACC | ||||||||||
| PV LFCF | 727.97 | 695.27 | 664.03 | 634.20 | 605.71 | |||||
| SUM PV LFCF | 3,327.18 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | -0.09 |
| Free cash flow (t + 1) | 615.05 |
| Terminal Value | -29,428.23 |
| Present Value of Terminal Value | -29,561.02 |
Intrinsic Value
| Enterprise Value | -26,233.83 |
|---|---|
| Net Debt | 42,411 |
| Equity Value | -68,644.83 |
| Shares Outstanding | - |
| Equity Value Per Share | -Infinity |