Discounted Cash Flow (DCF) Analysis Levered
The Wendy's Company (WEN)
$21.02
+0.25 (+1.20%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2019 Actual | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected | 2028 Projected |
Revenue | 1,709 | - | - | - | - | - | - | - | - | - |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 288.93 | - | - | - | - | - | - | - | - | - |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | -74.45 | - | - | - | - | - | - | - | - | - |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | 214.48 | - | - | - | - | - | - | - | - | - |
Weighted Average Cost Of Capital
Share price | $ 21.02 |
---|---|
Beta | 0.897 |
Diluted Shares Outstanding | 224.41 |
Cost of Debt | |
Tax Rate | 27.16 |
After-tax Cost of Debt | 2.08% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 7.612 |
Total Debt | 4,281.81 |
Total Equity | 4,716.99 |
Total Capital | 8,998.80 |
Debt Weighting | 47.58 |
Equity Weighting | 52.42 |
Wacc |
Build Up Free Cash Flow
Year A/P | 2019 Actual | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected | 2027 Projected | 2028 Projected |
Revenue | 1,709 | - | - | - | - | - | - | - | - | - |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 288.93 | - | - | - | - | - | - | - | - | - |
Capital Expenditure | -74.45 | - | - | - | - | - | - | - | - | - |
Free Cash Flow | 214.48 | - | - | - | - | - | - | - | - | - |
WACC | ||||||||||
PV LFCF | - | - | - | - | - | - | - | - | - | |
SUM PV LFCF | - |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 4.98 |
Free cash flow (t + 1) | - |
Terminal Value | - |
Present Value of Terminal Value | - |
Intrinsic Value
Enterprise Value | - |
---|---|
Net Debt | 3,535.92 |
Equity Value | - |
Shares Outstanding | 224.41 |
Equity Value Per Share | - |