Discounted Cash Flow (DCF) Analysis Levered
Americas Gold and Silver Corporatio... (USA.TO)
$0.46
-0.01 (-2.13%)
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 | 68.35 | 58.41 | 27.88 | 44.80 | 85.02 | 102.79 | 124.28 | 150.26 | 181.68 | 219.66 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 9.01 | 14.14 | -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 | -7.92 | 0.34 | -30.49 | -63.59 | -20.78 | -58.95 | -71.27 | -86.17 | -104.19 | -125.97 |
Weighted Average Cost Of Capital
| Share price | $ 0.46 |
|---|---|
| Beta | 1.275 |
| 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 | 10.821 |
| Total Debt | 12.34 |
| Total Equity | 84.83 |
| Total Capital | 97.17 |
| Debt Weighting | 12.70 |
| Equity Weighting | 87.30 |
| 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 | 68.35 | 58.41 | 27.88 | 44.80 | 85.02 | 102.79 | 124.28 | 150.26 | 181.68 | 219.66 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 9.01 | 14.14 | -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 | -7.92 | 0.34 | -30.49 | -63.59 | -20.78 | -58.95 | -71.27 | -86.17 | -104.19 | -125.97 |
| WACC | ||||||||||
| PV LFCF | -52.96 | -57.53 | -62.50 | -67.89 | -73.75 | |||||
| SUM PV LFCF | -314.64 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 11.30 |
| Free cash flow (t + 1) | -128.49 |
| Terminal Value | -1,381.58 |
| Present Value of Terminal Value | -808.91 |
Intrinsic Value
| Enterprise Value | -1,123.55 |
|---|---|
| Net Debt | 10.38 |
| Equity Value | -1,133.93 |
| Shares Outstanding | 184.42 |
| Equity Value Per Share | -6.15 |