Discounted Cash Flow (DCF) Analysis Unlevered

AgJunction Inc. (AJX.TO)

$0.74

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 0.74 | undervalue

Operating Data

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 42.2646.7864.5239.2516.3114.3112.5611.029.678.48
Revenue (%)
EBITDA -16.24-1.013.30-3.30-2.50-1.70-1.49-1.31-1.15-1.01
EBITDA (%)
EBIT -18.22-2.961.46-6.20-5.31-2.73-2.40-2.10-1.85-1.62
EBIT (%)
Depreciation 1.981.951.842.892.801.040.910.800.700.61
Depreciation (%)

Balance Sheet Data

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash 12.8613.8921.4017.256.775.124.493.943.463.03
Total Cash (%)
Account Receivables 4.784.198.893.112.381.621.421.251.090.96
Account Receivables (%)
Inventories 8.237.635.743.748.693.082.702.372.081.82
Inventories (%)
Accounts Payable ----------
Accounts Payable (%)
Capital Expenditure -0.53-0.42-2.54-2.64-1.84-0.69-0.61-0.53-0.47-0.41
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.74
Beta 2.384
Diluted Shares Outstanding 121.09
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 14.379
Total Debt 0.70
Total Equity 89.61
Total Capital 90.31
Debt Weighting 0.78
Equity Weighting 99.22
Wacc

Build Up Free Cash

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 42.2646.7864.5239.2516.3114.3112.5611.029.678.48
EBITDA -16.24-1.013.30-3.30-2.50-1.70-1.49-1.31-1.15-1.01
EBIT -18.22-2.961.46-6.20-5.31-2.73-2.40-2.10-1.85-1.62
Tax Rate 0.00%9.79%-0.34%0.00%0.00%1.89%1.89%1.89%1.89%1.89%
EBIAT -18.22-2.671.46-6.20-5.31-2.68-2.35-2.06-1.81-1.59
Depreciation 1.981.951.842.892.801.040.910.800.700.61
Accounts Receivable -0.59-4.705.770.730.760.200.170.150.13
Inventories -0.601.882-4.955.620.380.330.290.25
Accounts Payable ----------
Capital Expenditure -0.53-0.42-2.54-2.64-1.84-0.69-0.61-0.53-0.47-0.41
UFCF -16.770.04-2.051.83-8.564.04-1.47-1.29-1.13-0.99
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -1.01
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -6.07
Equity Value -
Shares Outstanding 121.09
Equity Value Per Share -