Discounted Cash Flow (DCF) Analysis Levered

Universal Electronics Inc. (UEIC)

$23.01

-0.43 (-1.83%)
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 695.79680.24753.48614.68601.60583.53566548.99532.50516.50
Revenue (%)
Operating Cash Flow 13.7912.8585.2673.3940.2839.4738.2937.1436.0234.94
Operating Cash Flow (%)
Capital Expenditure -42.33-22.66-23.97-23.23-17.04-22.42-21.74-21.09-20.46-19.84
Capital Expenditure (%)
Free Cash Flow -28.55-9.8161.2950.1623.2417.0516.5416.0515.5615.10

Weighted Average Cost Of Capital

Share price $ 23.01
Beta 1.085
Diluted Shares Outstanding 14.17
Cost of Debt
Tax Rate 67.03
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.627
Total Debt 70.27
Total Equity 325.96
Total Capital 396.23
Debt Weighting 17.73
Equity Weighting 82.27
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 695.79680.24753.48614.68601.60583.53566548.99532.50516.50
Operating Cash Flow 13.7912.8585.2673.3940.2839.4738.2937.1436.0234.94
Capital Expenditure -42.33-22.66-23.97-23.23-17.04-22.42-21.74-21.09-20.46-19.84
Free Cash Flow -28.55-9.8161.2950.1623.2417.0516.5416.0515.5615.10
WACC
PV LFCF -----
SUM PV LFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 15.40
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 9.45
Equity Value -
Shares Outstanding 14.17
Equity Value Per Share -