Discounted Cash Flow (DCF) Analysis Levered

Cohen & Steers Infrastructure Fund,... (UTF)

$24.39

+0.10 (+0.41%)
Financial Summary
Financial Statements
Quarter Financials
Chart
Financial Ratios
Profile
Historical Data
DCFDCF Levered
All numbers are in Millions, Currency in USD
Stock DCF: 5,369.51 | 24.39 | undervalue

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 455.50-119.77645.16-113.25522.26-1,362.673,555.48-9,276.9424,205.38-63,156.61
Revenue (%)
Operating Cash Flow 126.75165.95161.92175.4147.07630.94-1,646.264,295.42-11,207.5929,242.82
Operating Cash Flow (%)
Capital Expenditure ----------
Capital Expenditure (%)
Free Cash Flow -----630.94-1,646.264,295.42-11,207.5929,242.82

Weighted Average Cost Of Capital

Share price $ 24.39
Beta 0.995
Diluted Shares Outstanding 94.01
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 2.25%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.189
Total Debt 950
Total Equity 2,292.94
Total Capital 3,242.94
Debt Weighting 29.29
Equity Weighting 70.71
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 455.50-119.77645.16-113.25522.26-1,362.673,555.48-9,276.9424,205.38-63,156.61
Operating Cash Flow 126.75165.95161.92175.4147.07630.94-1,646.264,295.42-11,207.5929,242.82
Capital Expenditure ----------
Free Cash Flow -----630.94-1,646.264,295.42-11,207.5929,242.82
WACC
PV LFCF 592.71-1,452.803,560.97-8,728.3021,393.95
SUM PV LFCF 15,366.53

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.45
Free cash flow (t + 1) 29,827.68
Terminal Value 670,284.84
Present Value of Terminal Value 490,378.10

Intrinsic Value

Enterprise Value 505,744.63
Net Debt 949.56
Equity Value 504,795.07
Shares Outstanding 94.01
Equity Value Per Share 5,369.51