Discounted Cash Flow (DCF) Analysis Levered
Stitch Fix, Inc. (SFIX)
$8.29
+0.73 (+9.66%)
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 | 977.14 | 1,226.50 | 1,577.56 | 1,711.73 | 2,101.26 | 2,549.90 | 3,094.32 | 3,754.99 | 4,556.71 | 5,529.61 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 38.62 | 72.18 | 78.59 | 42.88 | -15.68 | 84.55 | 102.60 | 124.50 | 151.09 | 183.35 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -17.17 | -16.57 | -30.82 | -30.21 | -35.26 | -43.37 | -52.63 | -63.86 | -77.50 | -94.05 |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 21.46 | 55.61 | 47.77 | 12.67 | -50.93 | 41.18 | 49.97 | 60.64 | 73.59 | 89.30 |
Weighted Average Cost Of Capital
Share price | $ 8.29 |
---|---|
Beta | 1.728 |
Diluted Shares Outstanding | 105.98 |
Cost of Debt | |
Tax Rate | 85.48 |
After-tax Cost of Debt | -% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 10.913 |
Total Debt | 147.32 |
Total Equity | 878.54 |
Total Capital | 1,025.86 |
Debt Weighting | 14.36 |
Equity Weighting | 85.64 |
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 | 977.14 | 1,226.50 | 1,577.56 | 1,711.73 | 2,101.26 | 2,549.90 | 3,094.32 | 3,754.99 | 4,556.71 | 5,529.61 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 38.62 | 72.18 | 78.59 | 42.88 | -15.68 | 84.55 | 102.60 | 124.50 | 151.09 | 183.35 |
Capital Expenditure | -17.17 | -16.57 | -30.82 | -30.21 | -35.26 | -43.37 | -52.63 | -63.86 | -77.50 | -94.05 |
Free Cash Flow | 21.46 | 55.61 | 47.77 | 12.67 | -50.93 | 41.18 | 49.97 | 60.64 | 73.59 | 89.30 |
WACC | ||||||||||
PV LFCF | - | - | - | - | - | |||||
SUM PV LFCF | - |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | - |
Free cash flow (t + 1) | 91.09 |
Terminal Value | - |
Present Value of Terminal Value | - |
Intrinsic Value
Enterprise Value | - |
---|---|
Net Debt | 17.54 |
Equity Value | - |
Shares Outstanding | 105.98 |
Equity Value Per Share | - |