Discounted Cash Flow (DCF) Analysis Levered
AgEagle Aerial Systems, Inc. (UAVS)
$0.4343
+0.01 (+2.45%)
All numbers are in Millions, Currency in USD
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 | 1.33 | 0.11 | 0.30 | 1.29 | 9.76 | 36.02 | 132.89 | 490.35 | 1,809.32 | 6,676.09 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -1.24 | -1.78 | -1.82 | -2.26 | -12.46 | -191.52 | -706.68 | -2,607.53 | -9,621.32 | -35,501.02 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0 | -0 | -0 | -0 | -0.03 | -0.13 | -0.46 | -1.71 | -6.31 | -23.27 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -1.25 | -1.78 | -1.82 | -2.26 | -12.50 | -191.65 | -707.14 | -2,609.24 | -9,627.63 | -35,524.29 |
Weighted Average Cost Of Capital
| Share price | $ 0.4,343 |
|---|---|
| Beta | 3.922 |
| Diluted Shares Outstanding | 40.69 |
| Cost of Debt | |
| Tax Rate | 100.29 |
| After-tax Cost of Debt | -0.01% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 22.019 |
| Total Debt | - |
| Total Equity | 17.67 |
| Total Capital | 17.67 |
| Debt Weighting | 0.00 |
| Equity Weighting | 100.00 |
| 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 | 1.33 | 0.11 | 0.30 | 1.29 | 9.76 | 36.02 | 132.89 | 490.35 | 1,809.32 | 6,676.09 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -1.24 | -1.78 | -1.82 | -2.26 | -12.46 | -191.52 | -706.68 | -2,607.53 | -9,621.32 | -35,501.02 |
| Capital Expenditure | -0 | -0 | -0 | -0 | -0.03 | -0.13 | -0.46 | -1.71 | -6.31 | -23.27 |
| Free Cash Flow | -1.25 | -1.78 | -1.82 | -2.26 | -12.50 | -191.65 | -707.14 | -2,609.24 | -9,627.63 | -35,524.29 |
| WACC | ||||||||||
| PV LFCF | -157.06 | -474.95 | -1,436.22 | -4,343.06 | -13,133.19 | |||||
| SUM PV LFCF | -19,544.47 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 22.02 |
| Free cash flow (t + 1) | -36,234.77 |
| Terminal Value | -180,992.88 |
| Present Value of Terminal Value | -66,912.36 |
Intrinsic Value
| Enterprise Value | -86,456.84 |
|---|---|
| Net Debt | -0.01 |
| Equity Value | -86,456.82 |
| Shares Outstanding | 40.69 |
| Equity Value Per Share | -2,124.87 |