Discounted Cash Flow (DCF) Analysis Unlevered

Implanet S.A. (ALIMP.PA)

0.065 €

-0.00 (-0.46%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 0.065 | undervalue

Operating Data

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 7.416.016.148.037.457.577.707.847.978.10
Revenue (%)
EBITDA -2.82-2.58-4.36-3.127.45-1.38-1.40-1.42-1.45-1.47
EBITDA (%)
EBIT -3.52-3.57-3.20-1.687.65-1.17-1.19-1.21-1.23-1.25
EBIT (%)
Depreciation 0.701-1.16-1.45-0.20-0.21-0.21-0.21-0.22-0.22
Depreciation (%)

Balance Sheet Data

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 0.371.011.870.530.250.940.960.980.991.01
Total Cash (%)
Account Receivables 3.132.403.454.173.543.603.663.733.793.86
Account Receivables (%)
Inventories 3.503.563.303.303.753.813.883.944.014.08
Inventories (%)
Accounts Payable 2.711.742.712.822.702.742.792.842.882.93
Accounts Payable (%)
Capital Expenditure -0.54-0.23-0.39-0.57-0.46-0.47-0.47-0.48-0.49-0.50
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.065
Beta 1.217
Diluted Shares Outstanding -
Cost of Debt
Tax Rate -20.86
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 10.071
Total Debt -
Total Equity -
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 7.416.016.148.037.457.577.707.847.978.10
EBITDA -2.82-2.58-4.36-3.127.45-1.38-1.40-1.42-1.45-1.47
EBIT -3.52-3.57-3.20-1.687.65-1.17-1.19-1.21-1.23-1.25
Tax Rate -3.35%-10.14%-30.39%-39.55%-20.86%-20.86%-20.86%-20.86%-20.86%-20.86%
EBIAT -3.64-3.94-4.17-2.349.25-1.42-1.44-1.46-1.49-1.51
Depreciation 0.701-1.16-1.45-0.20-0.21-0.21-0.21-0.22-0.22
Accounts Receivable -0.72-1.04-0.730.63-0.06-0.06-0.06-0.06-0.06
Inventories --0.050.260-0.45-0.06-0.06-0.07-0.07-0.07
Accounts Payable --0.970.970.10-0.120.050.050.050.050.05
Capital Expenditure -0.54-0.23-0.39-0.57-0.46-0.47-0.47-0.48-0.49-0.50
UFCF -3.48-3.47-5.54-4.988.64-2.17-2.20-2.24-2.28-2.32
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -2.36
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.25
Equity Value -
Shares Outstanding -
Equity Value Per Share -