Discounted Cash Flow (DCF) Analysis Levered

Telecom Italia S.p.A. (TIT.BR)

0.31 €

0.00 (0.00%)
All numbers are in Millions, Currency in USD

Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 17,97415,80515,31615,78816,29615,934.9615,581.9215,236.7014,899.1314,569.04
Revenue (%)
Operating Cash Flow 5,9346,5514,3364,8955,450.125,329.375,211.305,095.844,982.944,872.55
Operating Cash Flow (%)
Capital Expenditure -4,924-4,697-5,297-6,305-5,362.76-5,243.95-5,127.77-5,014.16-4,903.07-4,794.44
Capital Expenditure (%)
Free Cash Flow 1,0101,854-961-1,41087.3685.4383.5381.6879.8778.10

Weighted Average Cost Of Capital

Share price $ 0.31
Beta 1.096
Diluted Shares Outstanding -
Cost of Debt
Tax Rate -275.17
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.330
Total Debt -
Total Equity -
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash Flow

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 17,97415,80515,31615,78816,29615,934.9615,581.9215,236.7014,899.1314,569.04
Operating Cash Flow 5,9346,5514,3364,8955,450.125,329.375,211.305,095.844,982.944,872.55
Capital Expenditure -4,924-4,697-5,297-6,305-5,362.76-5,243.95-5,127.77-5,014.16-4,903.07-4,794.44
Free Cash Flow 1,0101,854-961-1,41087.3685.4383.5381.6879.8778.10
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 79.67
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

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