Discounted Cash Flow (DCF) Analysis Levered
Grupo Simec, S.A.B. de C.V. (SIM)
$32.5
+0.50 (+1.56%)
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 | 35,678.25 | 34,171.20 | 35,869.31 | 55,620.36 | 55,111.91 | 62,675.36 | 71,276.80 | 81,058.68 | 92,183.01 | 104,834.02 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 3,223.88 | 1,042.75 | 3,633.88 | 8,387.33 | 11,118.96 | 7,204.32 | 8,193.02 | 9,317.41 | 10,596.12 | 12,050.31 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -1,994.47 | -1,271.42 | -951.21 | -1,066.42 | -1,696.60 | -2,125.76 | -2,417.50 | -2,749.27 | -3,126.58 | -3,555.66 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 1,229.42 | -228.67 | 2,682.67 | 7,320.91 | 9,422.36 | 5,078.55 | 5,775.52 | 6,568.14 | 7,469.54 | 8,494.65 |
Weighted Average Cost Of Capital
| Share price | $ 32.5 |
|---|---|
| Beta | 0.330 |
| Diluted Shares Outstanding | 165.89 |
| Cost of Debt | |
| Tax Rate | 27.50 |
| After-tax Cost of Debt | 698.77% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 5.366 |
| Total Debt | 5.85 |
| Total Equity | 5,391.29 |
| Total Capital | 5,397.14 |
| Debt Weighting | 0.11 |
| Equity Weighting | 99.89 |
| 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 | 35,678.25 | 34,171.20 | 35,869.31 | 55,620.36 | 55,111.91 | 62,675.36 | 71,276.80 | 81,058.68 | 92,183.01 | 104,834.02 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 3,223.88 | 1,042.75 | 3,633.88 | 8,387.33 | 11,118.96 | 7,204.32 | 8,193.02 | 9,317.41 | 10,596.12 | 12,050.31 |
| Capital Expenditure | -1,994.47 | -1,271.42 | -951.21 | -1,066.42 | -1,696.60 | -2,125.76 | -2,417.50 | -2,749.27 | -3,126.58 | -3,555.66 |
| Free Cash Flow | 1,229.42 | -228.67 | 2,682.67 | 7,320.91 | 9,422.36 | 5,078.55 | 5,775.52 | 6,568.14 | 7,469.54 | 8,494.65 |
| WACC | ||||||||||
| PV LFCF | 4,509.68 | 4,832.81 | 5,179.09 | 5,550.19 | 5,947.87 | |||||
| SUM PV LFCF | 27,612.04 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 6.12 |
| Free cash flow (t + 1) | 8,664.54 |
| Terminal Value | 210,304.34 |
| Present Value of Terminal Value | 156,265.11 |
Intrinsic Value
| Enterprise Value | 183,877.15 |
|---|---|
| Net Debt | -23,337.31 |
| Equity Value | 207,214.46 |
| Shares Outstanding | 165.89 |
| Equity Value Per Share | 1,249.14 |