Discounted Cash Flow (DCF) Analysis Levered
Encore Wire Corporation (WIRE)
$169.4645
-1.23 (-0.72%)
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 | 1,288.68 | 1,274.99 | 1,276.95 | 2,592.72 | 3,017.56 | 3,911.63 | 5,070.62 | 6,573.01 | 8,520.55 | 11,045.13 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | 81.59 | 106.12 | 57.46 | 418.42 | 688.88 | 454.70 | 589.43 | 764.07 | 990.46 | 1,283.93 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -26.18 | -52.48 | -86.08 | -118.25 | -148.35 | -174.98 | -226.82 | -294.03 | -381.15 | -494.08 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | 55.41 | 53.64 | -28.62 | 300.17 | 540.53 | 279.72 | 362.60 | 470.04 | 609.31 | 789.85 |
Weighted Average Cost Of Capital
| Share price | $ 169.4,645 |
|---|---|
| Beta | 1.321 |
| Diluted Shares Outstanding | 19.45 |
| Cost of Debt | |
| Tax Rate | 22.38 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.927 |
| Total Debt | - |
| Total Equity | 3,295.41 |
| Total Capital | - |
| Debt Weighting | - |
| Equity Weighting | - |
| 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 | 1,288.68 | 1,274.99 | 1,276.95 | 2,592.72 | 3,017.56 | 3,911.63 | 5,070.62 | 6,573.01 | 8,520.55 | 11,045.13 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 81.59 | 106.12 | 57.46 | 418.42 | 688.88 | 454.70 | 589.43 | 764.07 | 990.46 | 1,283.93 |
| Capital Expenditure | -26.18 | -52.48 | -86.08 | -118.25 | -148.35 | -174.98 | -226.82 | -294.03 | -381.15 | -494.08 |
| Free Cash Flow | 55.41 | 53.64 | -28.62 | 300.17 | 540.53 | 279.72 | 362.60 | 470.04 | 609.31 | 789.85 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | 805.64 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -730.56 |
| Equity Value | - |
| Shares Outstanding | 19.45 |
| Equity Value Per Share | - |