Discounted Cash Flow (DCF) Analysis Levered
South West Pinnacle Exploration Lim... (SOUTHWEST.NS)
116.9 ₹
+1.55 (+1.34%)
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 | 786.48 | 853.17 | 855.94 | 1,035.08 | 1,178.63 | 1,307.11 | 1,449.59 | 1,607.60 | 1,782.84 | 1,977.18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -164.43 | 5.91 | 129.97 | 165.08 | 96.64 | 49.98 | 55.43 | 61.47 | 68.17 | 75.60 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -52.90 | -24.79 | -288.89 | -72.13 | -86.21 | -150.75 | -167.19 | -185.41 | -205.62 | -228.04 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -217.33 | -18.88 | -158.92 | 92.95 | 10.43 | -100.77 | -111.76 | -123.94 | -137.45 | -152.43 |
Weighted Average Cost Of Capital
| Share price | $ 116.9 |
|---|---|
| Beta | 0.620 |
| Diluted Shares Outstanding | 27.90 |
| Cost of Debt | |
| Tax Rate | 27.50 |
| After-tax Cost of Debt | 7.01% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 6.459 |
| Total Debt | 510.22 |
| Total Equity | 3,261.79 |
| Total Capital | 3,772.01 |
| Debt Weighting | 13.53 |
| Equity Weighting | 86.47 |
| 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 | 786.48 | 853.17 | 855.94 | 1,035.08 | 1,178.63 | 1,307.11 | 1,449.59 | 1,607.60 | 1,782.84 | 1,977.18 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -164.43 | 5.91 | 129.97 | 165.08 | 96.64 | 49.98 | 55.43 | 61.47 | 68.17 | 75.60 |
| Capital Expenditure | -52.90 | -24.79 | -288.89 | -72.13 | -86.21 | -150.75 | -167.19 | -185.41 | -205.62 | -228.04 |
| Free Cash Flow | -217.33 | -18.88 | -158.92 | 92.95 | 10.43 | -100.77 | -111.76 | -123.94 | -137.45 | -152.43 |
| WACC | ||||||||||
| PV LFCF | -94.60 | -98.48 | -102.52 | -106.72 | -111.10 | |||||
| SUM PV LFCF | -513.42 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 6.53 |
| Free cash flow (t + 1) | -155.48 |
| Terminal Value | -3,432.29 |
| Present Value of Terminal Value | -2,501.63 |
Intrinsic Value
| Enterprise Value | -3,015.05 |
|---|---|
| Net Debt | 480.54 |
| Equity Value | -3,495.59 |
| Shares Outstanding | 27.90 |
| Equity Value Per Share | -125.28 |