Discounted Cash Flow (DCF) Analysis Levered

AgEagle Aerial Systems, Inc. (UAVS)

$0.5952

+0.04 (+6.29%)
All numbers are in Millions, Currency in USD
Stock DCF: -2,259.62 | 0.5952 | overvalue

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 1.330.110.301.299.7636.02132.89490.351,809.326,676.09
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 $ 0.5,952
Beta 3.789
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 21.245
Total Debt -
Total Equity 24.22
Total Capital 24.22
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 1.330.110.301.299.7636.02132.89490.351,809.326,676.09
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 -158.06-481-1,463.75-4,454.43-13,555.53
SUM PV LFCF -20,112.78

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 21.25
Free cash flow (t + 1) -36,234.77
Terminal Value -188,232.59
Present Value of Terminal Value -71,826.73

Intrinsic Value

Enterprise Value -91,939.51
Net Debt -0.01
Equity Value -91,939.49
Shares Outstanding 40.69
Equity Value Per Share -2,259.62