Discounted Cash Flow (DCF) Analysis Levered
Universal Electronics Inc. (UEIC)
$25.29
-0.34 (-1.33%)
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 | 695.79 | 680.24 | 753.48 | 614.68 | 601.60 | 583.53 | 566 | 548.99 | 532.50 | 516.50 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 13.79 | 12.85 | 85.26 | 73.39 | 40.28 | 39.47 | 38.29 | 37.14 | 36.02 | 34.94 |
| 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 | -9.81 | 61.29 | 50.16 | 23.24 | 17.05 | 16.54 | 16.05 | 15.56 | 15.10 |
Weighted Average Cost Of Capital
| Share price | $ 25.29 |
|---|---|
| Beta | 1.118 |
| 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 | 8.808 |
| Total Debt | 70.27 |
| Total Equity | 358.26 |
| Total Capital | 428.52 |
| Debt Weighting | 16.40 |
| Equity Weighting | 83.60 |
| 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 | 695.79 | 680.24 | 753.48 | 614.68 | 601.60 | 583.53 | 566 | 548.99 | 532.50 | 516.50 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 13.79 | 12.85 | 85.26 | 73.39 | 40.28 | 39.47 | 38.29 | 37.14 | 36.02 | 34.94 |
| 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 | -9.81 | 61.29 | 50.16 | 23.24 | 17.05 | 16.54 | 16.05 | 15.56 | 15.10 |
| 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 | - |