Discounted Cash Flow (DCF) Analysis Levered
Western Asset Inflation-Linked Oppo... (WIW)
$8.94
0.00 (0.00%)
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 | -22.21 | 76.02 | 82.26 | 85.28 | -133.40 | 95.67 | -68.61 | 49.20 | -35.28 | 25.30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -10.04 | 3.62 | -14.42 | 11.56 | 118.07 | -8.14 | 5.84 | -4.18 | 3 | -2.15 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | - | - | - | - | - | -8.14 | 5.84 | -4.18 | 3 | -2.15 |
Weighted Average Cost Of Capital
| Share price | $ 8.94 |
|---|---|
| Beta | 0.605 |
| Diluted Shares Outstanding | 61.29 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 1.20% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 6.548 |
| Total Debt | 387.73 |
| Total Equity | 547.93 |
| Total Capital | 935.66 |
| Debt Weighting | 41.44 |
| Equity Weighting | 58.56 |
| 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 | -22.21 | 76.02 | 82.26 | 85.28 | -133.40 | 95.67 | -68.61 | 49.20 | -35.28 | 25.30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -10.04 | 3.62 | -14.42 | 11.56 | 118.07 | -8.14 | 5.84 | -4.18 | 3 | -2.15 |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Free Cash Flow | - | - | - | - | - | -8.14 | 5.84 | -4.18 | 3 | -2.15 |
| WACC | ||||||||||
| PV LFCF | -7.80 | 5.36 | -3.69 | 2.53 | -1.74 | |||||
| SUM PV LFCF | -5.33 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 4.33 |
| Free cash flow (t + 1) | -2.20 |
| Terminal Value | -94.22 |
| Present Value of Terminal Value | -76.22 |
Intrinsic Value
| Enterprise Value | -81.56 |
|---|---|
| Net Debt | 387.73 |
| Equity Value | -469.29 |
| Shares Outstanding | 61.29 |
| Equity Value Per Share | -7.66 |