Discounted Cash Flow (DCF) Analysis Levered

Stellus Capital Investment Corporat... (SCM)

$14.5492

+0.23 (+1.60%)
Financial Summary
Financial Statements
Quarter Financials
Chart
Financial Ratios
Profile
Historical Data
DCFDCF Levered
All numbers are in Millions, Currency in USD
Stock DCF: -201.52 | 14.5492 | overvalue

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 27.2631.0631.6925.8842.6649.3257.0265.9376.2388.13
Revenue (%)
Operating Cash Flow 19.24-102.42-93.29-3.49-76.10-73.53-85.02-98.29-113.65-131.39
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow ------73.53-85.02-98.29-113.65-131.39

Weighted Average Cost Of Capital

Share price $ 14.5,492
Beta 1.257
Diluted Shares Outstanding 19.49
Cost of Debt
Tax Rate 9.56
After-tax Cost of Debt 3.26%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.298
Total Debt 518.17
Total Equity 283.56
Total Capital 801.73
Debt Weighting 64.63
Equity Weighting 35.37
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 27.2631.0631.6925.8842.6649.3257.0265.9376.2388.13
Operating Cash Flow 19.24-102.42-93.29-3.49-76.10-73.53-85.02-98.29-113.65-131.39
Capital Expenditure ----------
Free Cash Flow ------73.53-85.02-98.29-113.65-131.39
WACC
PV LFCF -69.77-76.53-83.95-92.09-101.01
SUM PV LFCF -423.34

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.40
Free cash flow (t + 1) -134.02
Terminal Value -3,941.78
Present Value of Terminal Value -3,030.33

Intrinsic Value

Enterprise Value -3,453.67
Net Debt 474
Equity Value -3,927.67
Shares Outstanding 19.49
Equity Value Per Share -201.52