Discounted Cash Flow (DCF) Analysis Levered
Sealed Air Corporation (SEE)
$42.8
+0.11 (+0.26%)
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 | 4,732.70 | 4,791.10 | 4,903.20 | 5,533.80 | 5,641.90 | 5,901.26 | 6,172.54 | 6,456.30 | 6,753.10 | 7,063.54 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 428 | 511.10 | 737 | 709.70 | 305.80 | 625.38 | 654.13 | 684.20 | 715.65 | 748.55 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -168.60 | -189.70 | -181.10 | -213.10 | -237.30 | -227.46 | -237.92 | -248.86 | -260.30 | -272.26 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 259.40 | 321.40 | 555.90 | 496.60 | 68.50 | 397.92 | 416.21 | 435.35 | 455.36 | 476.29 |
Weighted Average Cost Of Capital
Share price | $ 42.8 |
---|---|
Beta | 1.247 |
Diluted Shares Outstanding | 147.40 |
Cost of Debt | |
Tax Rate | 32.59 |
After-tax Cost of Debt | 2.92% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 9.266 |
Total Debt | 3,752.10 |
Total Equity | 6,308.72 |
Total Capital | 10,060.82 |
Debt Weighting | 37.29 |
Equity Weighting | 62.71 |
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 | 4,732.70 | 4,791.10 | 4,903.20 | 5,533.80 | 5,641.90 | 5,901.26 | 6,172.54 | 6,456.30 | 6,753.10 | 7,063.54 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 428 | 511.10 | 737 | 709.70 | 305.80 | 625.38 | 654.13 | 684.20 | 715.65 | 748.55 |
Capital Expenditure | -168.60 | -189.70 | -181.10 | -213.10 | -237.30 | -227.46 | -237.92 | -248.86 | -260.30 | -272.26 |
Free Cash Flow | 259.40 | 321.40 | 555.90 | 496.60 | 68.50 | 397.92 | 416.21 | 435.35 | 455.36 | 476.29 |
WACC | ||||||||||
PV LFCF | 372.24 | 364.22 | 356.37 | 348.69 | 341.18 | |||||
SUM PV LFCF | 1,782.70 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 6.90 |
Free cash flow (t + 1) | 485.82 |
Terminal Value | 9,914.66 |
Present Value of Terminal Value | 7,102.14 |
Intrinsic Value
Enterprise Value | 8,884.84 |
---|---|
Net Debt | 3,296 |
Equity Value | 5,588.84 |
Shares Outstanding | 147.40 |
Equity Value Per Share | 37.92 |