Discounted Cash Flow (DCF) Analysis Levered
Fiducial Office Solutions (SACI.PA)
28 €
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 | 180.63 | 187.46 | 193.23 | 174.98 | 191.64 | 194.96 | 198.34 | 201.78 | 205.28 | 208.84 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 1.97 | 0.36 | 12.39 | 0.37 | 12.82 | 5.69 | 5.79 | 5.89 | 5.99 | 6.09 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -3.34 | -0.44 | -0.14 | -7.06 | -3.38 | -3.10 | -3.16 | -3.21 | -3.27 | -3.32 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | -1.37 | -0.08 | 12.24 | -6.69 | 9.43 | 2.59 | 2.63 | 2.68 | 2.72 | 2.77 |
Weighted Average Cost Of Capital
Share price | $ 28 |
---|---|
Beta | 0.091 |
Diluted Shares Outstanding | 2.17 |
Cost of Debt | |
Tax Rate | -0.71 |
After-tax Cost of Debt | 1.55% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 3.322 |
Total Debt | 8 |
Total Equity | 60.74 |
Total Capital | 68.74 |
Debt Weighting | 11.64 |
Equity Weighting | 88.36 |
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 | 180.63 | 187.46 | 193.23 | 174.98 | 191.64 | 194.96 | 198.34 | 201.78 | 205.28 | 208.84 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 1.97 | 0.36 | 12.39 | 0.37 | 12.82 | 5.69 | 5.79 | 5.89 | 5.99 | 6.09 |
Capital Expenditure | -3.34 | -0.44 | -0.14 | -7.06 | -3.38 | -3.10 | -3.16 | -3.21 | -3.27 | -3.32 |
Free Cash Flow | -1.37 | -0.08 | 12.24 | -6.69 | 9.43 | 2.59 | 2.63 | 2.68 | 2.72 | 2.77 |
WACC | ||||||||||
PV LFCF | 2.51 | 2.47 | 2.44 | 2.41 | 2.38 | |||||
SUM PV LFCF | 12.21 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 3.12 |
Free cash flow (t + 1) | 2.83 |
Terminal Value | 252.29 |
Present Value of Terminal Value | 216.36 |
Intrinsic Value
Enterprise Value | 228.57 |
---|---|
Net Debt | 6.57 |
Equity Value | 222 |
Shares Outstanding | 2.17 |
Equity Value Per Share | 102.34 |