Discounted Cash Flow (DCF) Analysis Levered

SiriusPoint Ltd. (SPNT)

$4.52

-0.16 (-3.42%)
All numbers are in Millions, Currency in USD
Stock DCF: 154.30 | 4.52 | 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 926.71377.51979.07884.572,224.703,570.275,729.689,195.1814,756.7223,682.05
Revenue (%)
Operating Cash Flow -78.5413.39141.1173.3698.87158.67254.64408.66655.831,052.50
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow -----158.67254.64408.66655.831,052.50

Weighted Average Cost Of Capital

Share price $ 4.52
Beta 0.951
Diluted Shares Outstanding 160.24
Cost of Debt
Tax Rate -28.82
After-tax Cost of Debt 4.16%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.279
Total Debt 816.70
Total Equity 724.29
Total Capital 1,540.99
Debt Weighting 53.00
Equity Weighting 47.00
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 926.71377.51979.07884.572,224.703,570.275,729.689,195.1814,756.7223,682.05
Operating Cash Flow -78.5413.39141.1173.3698.87158.67254.64408.66655.831,052.50
Capital Expenditure ----------
Free Cash Flow -----158.67254.64408.66655.831,052.50
WACC
PV LFCF 150.22228.22346.74526.80800.36
SUM PV LFCF 2,052.33

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.63
Free cash flow (t + 1) 1,073.55
Terminal Value 29,574.34
Present Value of Terminal Value 22,489.44

Intrinsic Value

Enterprise Value 24,541.77
Net Debt -183.10
Equity Value 24,724.87
Shares Outstanding 160.24
Equity Value Per Share 154.30