Discounted Cash Flow (DCF) Analysis Unlevered

Mega Matrix Corp. (ACY)

$2.45

-0.12 (-4.67%)
All numbers are in Millions, Currency in USD
Stock DCF: 0.37 | 2.45 | overvalue

Operating Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 30.5243.2615.746.290.450.250.140.080.050.03
Revenue (%)
EBITDA 28.3768.8938-25.940.720.120.070.040.020.01
EBITDA (%)
EBIT 15.6757.3030.98-27.110.610.040.020.010.010
EBIT (%)
Depreciation 12.7011.597.031.180.110.080.040.030.010.01
Depreciation (%)

Balance Sheet Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 1.662.352.417.3810.331.240.700.390.220.12
Total Cash (%)
Account Receivables 18.359.942.801.241.100.180.100.060.030.02
Account Receivables (%)
Inventories -39.9546.3112.160.870.490.270.150.090.05
Inventories (%)
Accounts Payable 1.030.740.372.960.250.060.030.020.010.01
Accounts Payable (%)
Capital Expenditure -22.84-32.38-11.79-4.71-0.34-0.19-0.11-0.06-0.03-0.02
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 2.45
Beta 4.061
Diluted Shares Outstanding 22.99
Cost of Debt
Tax Rate 9.43
After-tax Cost of Debt 4.53%
Risk-Free Rate
Market Risk Premium
Cost of Equity 23.327
Total Debt -
Total Equity 56.32
Total Capital 56.32
Debt Weighting 0.00
Equity Weighting 100.00
Wacc

Build Up Free Cash

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 30.5243.2615.746.290.450.250.140.080.050.03
EBITDA 28.3768.8938-25.940.720.120.070.040.020.01
EBIT 15.6757.3030.98-27.110.610.040.020.010.010
Tax Rate 10.75%21.30%7.78%-1.49%9.43%9.55%9.55%9.55%9.55%9.55%
EBIAT 13.9945.1028.57-27.520.550.040.020.010.010
Depreciation 12.7011.597.031.180.110.080.040.030.010.01
Accounts Receivable -8.417.141.570.140.910.080.050.030.01
Inventories ---6.3634.1511.290.380.210.120.070.04
Accounts Payable --0.29-0.372.59-2.71-0.20-0.02-0.01-0.01-0
Capital Expenditure -22.84-32.38-11.79-1-0.05-0.19-0.11-0.06-0.03-0.02
UFCF 3.8432.4224.227.269.051.020.230.130.070.04
WACC
PV UFCF 0.830.150.070.030.01
SUM PV UFCF 1.09

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 23.33
Free cash flow (t + 1) 0.04
Terminal Value 0.20
Present Value of Terminal Value 0.07

Intrinsic Value

Enterprise Value 1.16
Net Debt -7.26
Equity Value 8.42
Shares Outstanding 22.99
Equity Value Per Share 0.37