Discounted Cash Flow (DCF) Analysis Levered

Sabine Royalty Trust (SBR)

$83.64

+1.02 (+1.23%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 37.2052.5346.8936.3637.3338.3339.3640.4141.4942.59
Revenue (%)
Operating Cash Flow -49.9044.0134.3435.2536.1937.1638.1539.1740.22
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow -----36.1937.1638.1539.1740.22

Weighted Average Cost Of Capital

Share price $ 83.64
Beta 0.565
Diluted Shares Outstanding 14.58
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 6.292
Total Debt -
Total Equity 1,219.42
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash Flow

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 37.2052.5346.8936.3637.3338.3339.3640.4141.4942.59
Operating Cash Flow -49.9044.0134.3435.2536.1937.1638.1539.1740.22
Capital Expenditure ----------
Free Cash Flow -----36.1937.1638.1539.1740.22
WACC
PV LFCF ------
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 41.02
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -16.19
Equity Value -
Shares Outstanding 14.58
Equity Value Per Share -