Discounted Cash Flow (DCF) Analysis Unlevered
Blink Charging Co (BLNKW)
$10.0499
0.00 (0.00%)
All numbers are in Millions, Currency in USD
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 | 2.69 | 2.76 | 6.23 | 20.94 | 61.14 | 146.21 | 349.66 | 836.21 | 1,999.78 | 4,782.43 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| EBITDA | -1.64 | -9.16 | -17.15 | -52.38 | -83.23 | -308.37 | -737.46 | -1,763.62 | -4,217.66 | -10,086.44 |
| EBITDA (%) | ||||||||||
| EBIT | -2 | -9.58 | -17.83 | -55.11 | -92.78 | -328.29 | -785.10 | -1,877.54 | -4,490.09 | -10,737.96 |
| EBIT (%) | ||||||||||
| Depreciation | 0.36 | 0.42 | 0.68 | 2.73 | 9.55 | 19.92 | 47.64 | 113.92 | 272.43 | 651.52 |
| 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 | 18.42 | 7.13 | 22.34 | 174.79 | 36.56 | 642.46 | 1,536.44 | 3,674.36 | 8,787.14 | 21,014.23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 0.17 | 0.21 | 0.35 | 6.35 | 23.58 | 25.80 | 61.69 | 147.53 | 352.82 | 843.76 |
| Account Receivables (%) | ||||||||||
| Inventories | 1.24 | 2.16 | 1.82 | 10.37 | 34.74 | 75.93 | 181.59 | 434.27 | 1,038.54 | 2,483.64 |
| Inventories (%) | ||||||||||
| Accounts Payable | 1.42 | 2.37 | 3.36 | 7.13 | 24.59 | 78.09 | 186.75 | 446.60 | 1,068.03 | 2,554.16 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | -0.04 | -0.55 | -2.55 | -7.30 | -5.54 | -31.07 | -74.31 | -177.71 | -425 | -1,016.38 |
| Capital Expenditure (%) |
Weighted Average Cost Of Capital
| Share price | $ 10.0,499 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | - |
| Cost of Debt | |
| Tax Rate | -0.34 |
| After-tax Cost of Debt | -27.84% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.693 |
| Total Debt | 5.49 |
| Total Equity | - |
| 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 | 2.69 | 2.76 | 6.23 | 20.94 | 61.14 | 146.21 | 349.66 | 836.21 | 1,999.78 | 4,782.43 |
|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | -1.64 | -9.16 | -17.15 | -52.38 | -83.23 | -308.37 | -737.46 | -1,763.62 | -4,217.66 | -10,086.44 |
| EBIT | -2 | -9.58 | -17.83 | -55.11 | -92.78 | -328.29 | -785.10 | -1,877.54 | -4,490.09 | -10,737.96 |
| Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | -0.34% | -0.07% | -0.07% | -0.07% | -0.07% | -0.07% |
| EBIAT | -2 | -9.58 | -17.83 | -55.11 | -93.09 | -328.51 | -785.63 | -1,878.81 | -4,493.13 | -10,745.20 |
| Depreciation | 0.36 | 0.42 | 0.68 | 2.73 | 9.55 | 19.92 | 47.64 | 113.92 | 272.43 | 651.52 |
| Accounts Receivable | - | -0.04 | -0.14 | -6 | -17.23 | -2.22 | -35.89 | -85.84 | -205.29 | -490.94 |
| Inventories | - | -0.92 | 0.34 | -8.55 | -24.37 | -41.19 | -105.66 | -252.68 | -604.27 | -1,445.10 |
| Accounts Payable | - | 0.95 | 0.99 | 3.78 | 17.45 | 53.50 | 108.66 | 259.85 | 621.43 | 1,486.14 |
| Capital Expenditure | -0.04 | -0.55 | -2.55 | -7.30 | -5.54 | -31.07 | -74.31 | -177.71 | -425 | -1,016.38 |
| UFCF | -1.68 | -9.72 | -18.51 | -70.46 | -113.25 | -329.57 | -845.20 | -2,021.27 | -4,833.82 | -11,559.97 |
| WACC | ||||||||||
| PV UFCF | - | - | - | - | - | |||||
| SUM PV UFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | -11,791.17 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -31.07 |
| Equity Value | - |
| Shares Outstanding | - |
| Equity Value Per Share | - |