Discounted Cash Flow (DCF) Analysis Levered
Ur-Energy Inc. (URE.TO)
$1.33
+0.01 (+0.76%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 23.50 | 32.26 | 8.32 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -5.36 | 3.99 | -8.44 | -11.70 | -18.09 | -4.51 | -3.18 | -2.24 | -1.58 | -1.11 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.09 | -0.28 | -0.04 | -1.19 | -0.71 | -0.30 | -0.21 | -0.15 | -0.10 | -0.07 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -5.45 | 3.71 | -8.49 | -12.89 | -18.80 | -4.81 | -3.39 | -2.39 | -1.69 | -1.19 |
Weighted Average Cost Of Capital
| Share price | $ 1.33 |
|---|---|
| Beta | 1.464 |
| Diluted Shares Outstanding | 195.69 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 4.18% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 10.603 |
| Total Debt | 11.08 |
| Total Equity | 260.27 |
| Total Capital | 271.35 |
| Debt Weighting | 4.08 |
| Equity Weighting | 95.92 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Actual | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected |
| Revenue | 23.50 | 32.26 | 8.32 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 | 0 | 0 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -5.36 | 3.99 | -8.44 | -11.70 | -18.09 | -4.51 | -3.18 | -2.24 | -1.58 | -1.11 |
| Capital Expenditure | -0.09 | -0.28 | -0.04 | -1.19 | -0.71 | -0.30 | -0.21 | -0.15 | -0.10 | -0.07 |
| Free Cash Flow | -5.45 | 3.71 | -8.49 | -12.89 | -18.80 | -4.81 | -3.39 | -2.39 | -1.69 | -1.19 |
| WACC | ||||||||||
| PV LFCF | -4.36 | -2.79 | -1.78 | -1.14 | -0.73 | |||||
| SUM PV LFCF | -10.79 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 10.34 |
| Free cash flow (t + 1) | -1.21 |
| Terminal Value | -14.54 |
| Present Value of Terminal Value | -8.89 |
Intrinsic Value
| Enterprise Value | -19.68 |
|---|---|
| Net Debt | -21.93 |
| Equity Value | 2.25 |
| Shares Outstanding | 195.69 |
| Equity Value Per Share | 0.01 |