Discounted Cash Flow (DCF) Analysis Levered

Global Self Storage, Inc. (SELF)

$5.6

-0.13 (-2.27%)
All numbers are in Millions, Currency in USD
Stock DCF: 3,195.69 | 5.6 | undervalue

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 7.478.118.679.2010.5111.4512.4713.5914.8016.13
Revenue (%)
Operating Cash Flow 1.872.281.7123,642.75795.87867.06944.601,029.081,121.12
Operating Cash Flow (%)
Capital Expenditure -0.65-0.16-7.78-3.08-3.52-3.84-4.18-4.55-4.96-5.41
Capital Expenditure (%)
Free Cash Flow 1.222.12-6.08-1.093,639.23792.04862.87940.051,024.121,115.72

Weighted Average Cost Of Capital

Share price $ 5.6
Beta 0.336
Diluted Shares Outstanding 9.28
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.414
Total Debt -
Total Equity 51.98
Total Capital 51.98
Debt Weighting 0.00
Equity Weighting 100.00
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 7.478.118.679.2010.5111.4512.4713.5914.8016.13
Operating Cash Flow 1.872.281.7123,642.75795.87867.06944.601,029.081,121.12
Capital Expenditure -0.65-0.16-7.78-3.08-3.52-3.84-4.18-4.55-4.96-5.41
Free Cash Flow 1.222.12-6.08-1.093,639.23792.04862.87940.051,024.121,115.72
WACC
PV LFCF 751.39776.58802.61829.52857.32
SUM PV LFCF 4,017.41

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.41
Free cash flow (t + 1) 1,138.03
Terminal Value 33,373.32
Present Value of Terminal Value 25,644.27

Intrinsic Value

Enterprise Value 29,661.68
Net Debt -2.90
Equity Value 29,664.58
Shares Outstanding 9.28
Equity Value Per Share 3,195.69