Discounted Cash Flow (DCF) Analysis Levered
Zevia PBC (ZVIA)
$4.38
-0.05 (-1.13%)
All numbers are in Millions, Currency in USD
Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 85.56 | 110.02 | 138.17 | 175.60 | 223.16 | 283.61 | 360.43 | 458.06 |
|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||
| Operating Cash Flow | -14.76 | -3.26 | -17.81 | -19.38 | -24.62 | -31.29 | -39.77 | -50.54 |
| Operating Cash Flow (%) | ||||||||
| Capital Expenditure | -0.46 | -0.81 | -3.14 | -2.07 | -2.63 | -3.35 | -4.25 | -5.40 |
| Capital Expenditure (%) | ||||||||
| Free Cash Flow | -15.22 | -4.06 | -20.95 | -21.45 | -27.26 | -34.64 | -44.02 | -55.95 |
Weighted Average Cost Of Capital
| Share price | $ 4.38 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 64.53 |
| Cost of Debt | |
| Tax Rate | 45.34 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.496 |
| Total Debt | 0.24 |
| Total Equity | 282.65 |
| Total Capital | 282.88 |
| Debt Weighting | 0.08 |
| Equity Weighting | 99.92 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 85.56 | 110.02 | 138.17 | 175.60 | 223.16 | 283.61 | 360.43 | 458.06 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -14.76 | -3.26 | -17.81 | -19.38 | -24.62 | -31.29 | -39.77 | -50.54 |
| Capital Expenditure | -0.46 | -0.81 | -3.14 | -2.07 | -2.63 | -3.35 | -4.25 | -5.40 |
| Free Cash Flow | -15.22 | -4.06 | -20.95 | -21.45 | -27.26 | -34.64 | -44.02 | -55.95 |
| WACC | ||||||||
| PV LFCF | - | -27.26 | - | - | - | |||
| SUM PV LFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | -57.07 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -42.87 |
| Equity Value | - |
| Shares Outstanding | 64.53 |
| Equity Value Per Share | - |