Discounted Cash Flow (DCF) Analysis Levered
Western Asset Inflation-Linked Oppo... (WIW)
$9.66
+0.01 (+0.10%)
All numbers are in Millions, Currency in USD
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 | 52.37 | -22.21 | 76.02 | 82.26 | 85.28 | -36.85 | 15.92 | -6.88 | 2.97 | -1.28 |
---|---|---|---|---|---|---|---|---|---|---|
Revenue (%) | ||||||||||
Operating Cash Flow | 102.51 | -10.04 | 3.62 | -14.42 | 11.56 | -17.81 | 7.70 | -3.33 | 1.44 | -0.62 |
Operating Cash Flow (%) | ||||||||||
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Capital Expenditure (%) | ||||||||||
Free Cash Flow | - | - | - | - | - | -17.81 | 7.70 | -3.33 | 1.44 | -0.62 |
Weighted Average Cost Of Capital
Share price | $ 9.66 |
---|---|
Beta | 0.582 |
Diluted Shares Outstanding | 61.29 |
Cost of Debt | |
Tax Rate | 0.00 |
After-tax Cost of Debt | 0.06% |
Risk-Free Rate | |
Market Risk Premium | |
Cost of Equity | 6.266 |
Total Debt | 400.63 |
Total Equity | 592.06 |
Total Capital | 992.69 |
Debt Weighting | 40.36 |
Equity Weighting | 59.64 |
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 | 52.37 | -22.21 | 76.02 | 82.26 | 85.28 | -36.85 | 15.92 | -6.88 | 2.97 | -1.28 |
---|---|---|---|---|---|---|---|---|---|---|
Operating Cash Flow | 102.51 | -10.04 | 3.62 | -14.42 | 11.56 | -17.81 | 7.70 | -3.33 | 1.44 | -0.62 |
Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
Free Cash Flow | - | - | - | - | - | -17.81 | 7.70 | -3.33 | 1.44 | -0.62 |
WACC | ||||||||||
PV LFCF | -17.17 | 7.15 | -2.98 | 1.24 | -0.52 | |||||
SUM PV LFCF | -12.27 |
Terminal Value
Growth in perpetuity method: | |
---|---|
Long-term growth rate | |
WACC (%) | 3.76 |
Free cash flow (t + 1) | -0.63 |
Terminal Value | -35.99 |
Present Value of Terminal Value | -29.93 |
Intrinsic Value
Enterprise Value | -42.20 |
---|---|
Net Debt | 400.18 |
Equity Value | -442.37 |
Shares Outstanding | 61.29 |
Equity Value Per Share | -7.22 |