Discounted Cash Flow (DCF) Analysis Levered

Americas Gold and Silver Corporatio... (USA.TO)

$0.285

+0.01 (+3.64%)
All numbers are in Millions, Currency in USD
Stock DCF: -5.60 | 0.285 | overvalue

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 68.3558.4127.8844.8085.02102.79124.28150.26181.68219.66
Revenue (%)
Operating Cash Flow 9.0114.14-18.92-50.94-1.18-29.92-36.18-43.74-52.89-63.95
Operating Cash Flow (%)
Capital Expenditure -16.93-13.80-11.57-12.65-19.60-29.02-35.09-42.43-51.30-62.02
Capital Expenditure (%)
Free Cash Flow -7.920.34-30.49-63.59-20.78-58.95-71.27-86.17-104.19-125.97

Weighted Average Cost Of Capital

Share price $ 0.285
Beta 1.540
Diluted Shares Outstanding 184.42
Cost of Debt
Tax Rate -8.97
After-tax Cost of Debt 14.57%
Risk-Free Rate
Market Risk Premium
Cost of Equity 11.554
Total Debt 12.34
Total Equity 52.56
Total Capital 64.90
Debt Weighting 19.02
Equity Weighting 80.98
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 68.3558.4127.8844.8085.02102.79124.28150.26181.68219.66
Operating Cash Flow 9.0114.14-18.92-50.94-1.18-29.92-36.18-43.74-52.89-63.95
Capital Expenditure -16.93-13.80-11.57-12.65-19.60-29.02-35.09-42.43-51.30-62.02
Free Cash Flow -7.920.34-30.49-63.59-20.78-58.95-71.27-86.17-104.19-125.97
WACC
PV LFCF -52.57-56.68-61.12-65.91-71.06
SUM PV LFCF -307.35

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 12.13
Free cash flow (t + 1) -128.49
Terminal Value -1,268.38
Present Value of Terminal Value -715.55

Intrinsic Value

Enterprise Value -1,022.90
Net Debt 10.38
Equity Value -1,033.28
Shares Outstanding 184.42
Equity Value Per Share -5.60