Discounted Cash Flow (DCF) Analysis Levered

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

$0.52

-0.05 (-8.77%)
All numbers are in Millions, Currency in USD
Stock DCF: -2.04 | 0.52 | 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 54.2868.3558.4127.8844.8047.0249.3551.7954.3657.05
Revenue (%)
Operating Cash Flow 1.589.0114.14-18.92-50.94-13.29-13.94-14.63-15.36-16.12
Operating Cash Flow (%)
Capital Expenditure -14.28-16.93-13.80-11.57-12.65-13.58-14.26-14.96-15.70-16.48
Capital Expenditure (%)
Free Cash Flow -12.71-7.920.34-30.49-63.59-26.87-28.20-29.59-31.06-32.60

Weighted Average Cost Of Capital

Share price $ 0.52
Beta 1.283
Diluted Shares Outstanding 141.89
Cost of Debt
Tax Rate 2.78
After-tax Cost of Debt 24.14%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.751
Total Debt 19.61
Total Equity 73.78
Total Capital 93.40
Debt Weighting 21.00
Equity Weighting 79.00
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 54.2868.3558.4127.8844.8047.0249.3551.7954.3657.05
Operating Cash Flow 1.589.0114.14-18.92-50.94-13.29-13.94-14.63-15.36-16.12
Capital Expenditure -14.28-16.93-13.80-11.57-12.65-13.58-14.26-14.96-15.70-16.48
Free Cash Flow -12.71-7.920.34-30.49-63.59-26.87-28.20-29.59-31.06-32.60
WACC
PV LFCF -23.83-22.17-20.64-19.21-17.87
SUM PV LFCF -103.72

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 12.77
Free cash flow (t + 1) -33.25
Terminal Value -308.72
Present Value of Terminal Value -169.28

Intrinsic Value

Enterprise Value -272.99
Net Debt 16.71
Equity Value -289.71
Shares Outstanding 141.89
Equity Value Per Share -2.04