Discounted Cash Flow (DCF) Analysis Unlevered

JPMorgan Alerian MLP Index ETN (AMJ)

$22.06

+0.38 (+1.75%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 22.06 | undervalue

Operating Data

Year
A/P
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 121,649-----
Revenue (%)
EBITDA 77,024-----
EBITDA (%)
EBIT 69,092-----
EBIT (%)
Depreciation 7,932-----
Depreciation (%)

Balance Sheet Data

Year
A/P
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 3.80-----
Total Cash (%)
Account Receivables 205,140-----
Account Receivables (%)
Inventories ------
Inventories (%)
Accounts Payable ------
Accounts Payable (%)
Capital Expenditure ------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 22.06
Beta 0.000
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 12.17
After-tax Cost of Debt 1.38%
Risk-Free Rate
Market Risk Premium
Cost of Equity 2.743
Total Debt 354,599
Total Equity -
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 121,649-----
EBITDA 77,024-----
EBIT 69,092-----
Tax Rate 12.17%12.17%12.17%12.17%12.17%12.17%
EBIAT 60,680.83-----
Depreciation 7,932-----
Accounts Receivable ------
Inventories ------
Accounts Payable ------
Capital Expenditure ------
UFCF ------
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

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

Intrinsic Value

Enterprise Value -
Net Debt 354,595.20
Equity Value -
Shares Outstanding -
Equity Value Per Share -