Discounted Cash Flow (DCF) Analysis Unlevered

abrdn Global Infrastructure Fund Cl... (AIAFX)

$22.21

+0.03 (+0.14%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 22.21 | undervalue

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 27.1120.2020.5025.4228.5229.3830.2831.2032.1533.13
Revenue (%)
EBITDA -19.18-18.66-20.7113.45-85.18-29.97-30.88-31.82-32.79-33.79
EBITDA (%)
EBIT ------29.97-30.88-31.82-32.79-33.79
EBIT (%)
Depreciation ----------
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 0.301.031.591.191.331.371.411.461.501.55
Total Cash (%)
Account Receivables 6.858.595.519.336.369.039.319.599.8810.18
Account Receivables (%)
Inventories ----000000
Inventories (%)
Accounts Payable -3.665.356.653.926.186.366.566.766.96
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 22.21
Beta 1.020
Diluted Shares Outstanding 24.82
Cost of Debt
Tax Rate -3.47
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.099
Total Debt -
Total Equity 551.19
Total Capital -
Debt Weighting -
Equity Weighting -
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 27.1120.2020.5025.4228.5229.3830.2831.2032.1533.13
EBITDA -19.18-18.66-20.7113.45-85.18-29.97-30.88-31.82-32.79-33.79
EBIT ------29.97-30.88-31.82-32.79-33.79
Tax Rate 0.00%0.00%0.00%2.92%-3.47%-0.11%-0.11%-0.11%-0.11%-0.11%
EBIAT ------30-30.92-31.86-32.83-33.82
Depreciation ----------
Accounts Receivable --1.743.08-3.822.97-2.67-0.27-0.28-0.29-0.30
Inventories ------0-0-0-0-0
Accounts Payable --1.691.30-2.722.250.190.190.200.21
Capital Expenditure ----------
UFCF ------30.42-31-31.95-32.92-33.92
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -34.60
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -1.16
Equity Value -
Shares Outstanding 24.82
Equity Value Per Share -