Discounted Cash Flow (DCF) Analysis Levered
Sensata Technologies Holding plc (ST)
$42.725
-0.21 (-0.50%)
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 | 3,521.63 | 3,450.63 | 3,045.58 | 3,820.81 | 4,029.26 | 4,202.07 | 4,382.29 | 4,570.24 | 4,766.26 | 4,970.68 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 620.56 | 619.56 | 559.78 | 554.15 | 460.59 | 671.42 | 700.21 | 730.24 | 761.56 | 794.23 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -159.79 | -161.26 | -106.72 | -144.40 | -150.06 | -169.92 | -177.21 | -184.81 | -192.73 | -201 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 460.78 | 458.30 | 453.06 | 409.75 | 310.53 | 501.50 | 523.01 | 545.44 | 568.83 | 593.23 |
Weighted Average Cost Of Capital
| Share price | $ 42.725 |
|---|---|
| Beta | 1.319 |
| Diluted Shares Outstanding | 155.93 |
| Cost of Debt | |
| Tax Rate | 21.68 |
| After-tax Cost of Debt | 3.30% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.921 |
| Total Debt | 4,240.14 |
| Total Equity | 6,661.98 |
| Total Capital | 10,902.12 |
| Debt Weighting | 38.89 |
| Equity Weighting | 61.11 |
| 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 | 3,521.63 | 3,450.63 | 3,045.58 | 3,820.81 | 4,029.26 | 4,202.07 | 4,382.29 | 4,570.24 | 4,766.26 | 4,970.68 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 620.56 | 619.56 | 559.78 | 554.15 | 460.59 | 671.42 | 700.21 | 730.24 | 761.56 | 794.23 |
| Capital Expenditure | -159.79 | -161.26 | -106.72 | -144.40 | -150.06 | -169.92 | -177.21 | -184.81 | -192.73 | -201 |
| Free Cash Flow | 460.78 | 458.30 | 453.06 | 409.75 | 310.53 | 501.50 | 523.01 | 545.44 | 568.83 | 593.23 |
| WACC | ||||||||||
| PV LFCF | 467.16 | 453.84 | 440.90 | 428.33 | 416.11 | |||||
| SUM PV LFCF | 2,206.34 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 7.35 |
| Free cash flow (t + 1) | 605.09 |
| Terminal Value | 11,310.13 |
| Present Value of Terminal Value | 7,933.37 |
Intrinsic Value
| Enterprise Value | 10,139.71 |
|---|---|
| Net Debt | 3,014.62 |
| Equity Value | 7,125.08 |
| Shares Outstanding | 155.93 |
| Equity Value Per Share | 45.70 |