Discounted Cash Flow (DCF) Analysis Levered

SilverSun Technologies, Inc. (SSNT)

$2.79

-0.02 (-0.71%)
All numbers are in Millions, Currency in USD
Stock DCF: 5.51 | 2.79 | 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 34.854138.5041.2241.7043.7645.9348.2050.5853.08
Revenue (%)
Operating Cash Flow 2.311.29-0.401.731.351.421.491.561.641.72
Operating Cash Flow (%)
Capital Expenditure -0.82-0.76-0.15-0.12-0.51-0.54-0.56-0.59-0.62-0.65
Capital Expenditure (%)
Free Cash Flow 1.490.53-0.551.600.840.880.920.971.021.07

Weighted Average Cost Of Capital

Share price $ 2.79
Beta 1.167
Diluted Shares Outstanding 4.50
Cost of Debt
Tax Rate 408.54
After-tax Cost of Debt -6.97%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.149
Total Debt 2.08
Total Equity 12.56
Total Capital 14.63
Debt Weighting 14.18
Equity Weighting 85.82
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 34.854138.5041.2241.7043.7645.9348.2050.5853.08
Operating Cash Flow 2.311.29-0.401.731.351.421.491.561.641.72
Capital Expenditure -0.82-0.76-0.15-0.12-0.51-0.54-0.56-0.59-0.62-0.65
Free Cash Flow 1.490.53-0.551.600.840.880.920.971.021.07
WACC
PV LFCF 0.820.810.790.780.77
SUM PV LFCF 3.97

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.86
Free cash flow (t + 1) 1.09
Terminal Value 22.40
Present Value of Terminal Value 16.08

Intrinsic Value

Enterprise Value 20.05
Net Debt -4.74
Equity Value 24.79
Shares Outstanding 4.50
Equity Value Per Share 5.51