Discounted Cash Flow (DCF) Analysis Levered

Target Hospitality Corp. (TH)

$13.92

+0.53 (+3.96%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2017
Actual
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 134.24---------
Revenue (%)
Operating Cash Flow 40.77---------
Operating Cash Flow (%)
Capital Expenditure -16.21---------
Capital Expenditure (%)
Free Cash Flow 24.56---------

Weighted Average Cost Of Capital

Share price $ 13.92
Beta 2.280
Diluted Shares Outstanding 96.61
Cost of Debt
Tax Rate -71.26
After-tax Cost of Debt 10.36%
Risk-Free Rate
Market Risk Premium
Cost of Equity 13.603
Total Debt 331.64
Total Equity 1,344.83
Total Capital 1,676.46
Debt Weighting 19.78
Equity Weighting 80.22
Wacc

Build Up Free Cash Flow

Year
A/P
2017
Actual
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 134.24---------
Operating Cash Flow 40.77---------
Capital Expenditure -16.21---------
Free Cash Flow 24.56---------
WACC
PV LFCF ---------
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 12.96
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 308.23
Equity Value -
Shares Outstanding 96.61
Equity Value Per Share -