Discounted Cash Flow (DCF) Analysis Levered
Zhongchao Inc. (ZCMD)
$1.2574
-0.01 (-0.99%)
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 | 9.82 | 12.87 | 14.88 | 17.99 | 16.30 | 18.67 | 21.38 | 24.50 | 28.06 | 32.15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -0.54 | 1.31 | 1.41 | -1.04 | 2.86 | 0.97 | 1.11 | 1.27 | 1.46 | 1.67 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.08 | -1.09 | -1.31 | -0.85 | -1.80 | -1.26 | -1.45 | -1.66 | -1.90 | -2.18 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -0.62 | 0.23 | 0.10 | -1.89 | 1.06 | -0.29 | -0.34 | -0.39 | -0.44 | -0.51 |
Weighted Average Cost Of Capital
| Share price | $ 1.2,574 |
|---|---|
| Beta | 0.498 |
| Diluted Shares Outstanding | 24.43 |
| Cost of Debt | |
| Tax Rate | 315.49 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 5.113 |
| Total Debt | 0.20 |
| Total Equity | 30.71 |
| Total Capital | 30.91 |
| Debt Weighting | 0.65 |
| Equity Weighting | 99.35 |
| 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 | 9.82 | 12.87 | 14.88 | 17.99 | 16.30 | 18.67 | 21.38 | 24.50 | 28.06 | 32.15 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -0.54 | 1.31 | 1.41 | -1.04 | 2.86 | 0.97 | 1.11 | 1.27 | 1.46 | 1.67 |
| Capital Expenditure | -0.08 | -1.09 | -1.31 | -0.85 | -1.80 | -1.26 | -1.45 | -1.66 | -1.90 | -2.18 |
| Free Cash Flow | -0.62 | 0.23 | 0.10 | -1.89 | 1.06 | -0.29 | -0.34 | -0.39 | -0.44 | -0.51 |
| WACC | ||||||||||
| PV LFCF | - | - | - | - | - | |||||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | -0.52 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -13.71 |
| Equity Value | - |
| Shares Outstanding | 24.43 |
| Equity Value Per Share | - |