Discounted Cash Flow (DCF) Analysis Levered
Sonim Technologies, Inc. (SONM)
$0.4811
-0.01 (-2.61%)
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 | 59.03 | 135.66 | 116.25 | 63.99 | 54.57 | 62.19 | 70.87 | 80.76 | 92.03 | 104.88 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -8.91 | 3.86 | -33.52 | -10.56 | -38.48 | -15.93 | -18.15 | -20.69 | -23.58 | -26.87 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -1.17 | -2.54 | -1.36 | -0.01 | -0.05 | -0.64 | -0.73 | -0.83 | -0.94 | -1.08 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -10.08 | 1.32 | -34.88 | -10.57 | -38.52 | -16.57 | -18.88 | -21.52 | -24.52 | -27.94 |
Weighted Average Cost Of Capital
| Share price | $ 0.4,811 |
|---|---|
| Beta | 2.447 |
| Diluted Shares Outstanding | 9.46 |
| Cost of Debt | |
| Tax Rate | -0.43 |
| After-tax Cost of Debt | 5.00% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 15.101 |
| Total Debt | 0.07 |
| Total Equity | 4.55 |
| Total Capital | 4.62 |
| Debt Weighting | 1.43 |
| Equity Weighting | 98.57 |
| 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 | 59.03 | 135.66 | 116.25 | 63.99 | 54.57 | 62.19 | 70.87 | 80.76 | 92.03 | 104.88 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -8.91 | 3.86 | -33.52 | -10.56 | -38.48 | -15.93 | -18.15 | -20.69 | -23.58 | -26.87 |
| Capital Expenditure | -1.17 | -2.54 | -1.36 | -0.01 | -0.05 | -0.64 | -0.73 | -0.83 | -0.94 | -1.08 |
| Free Cash Flow | -10.08 | 1.32 | -34.88 | -10.57 | -38.52 | -16.57 | -18.88 | -21.52 | -24.52 | -27.94 |
| WACC | ||||||||||
| PV LFCF | -14.41 | -14.29 | -14.16 | -14.04 | -13.92 | |||||
| SUM PV LFCF | -70.82 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 14.96 |
| Free cash flow (t + 1) | -28.50 |
| Terminal Value | -219.93 |
| Present Value of Terminal Value | -109.53 |
Intrinsic Value
| Enterprise Value | -180.35 |
|---|---|
| Net Debt | -11.17 |
| Equity Value | -169.18 |
| Shares Outstanding | 9.46 |
| Equity Value Per Share | -17.88 |