Discounted Cash Flow (DCF) Analysis Unlevered

BP Prudhoe Bay Royalty Trust (BPT)

$2.4

-0.01 (-0.41%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 2.4 | 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 114.3748.979.279.4282.28213.34553.151,434.203,718.579,641.46
Revenue (%)
EBITDA 113.2547.897.047.8180.82193.68502.171,302.033,375.898,752.95
EBITDA (%)
EBIT -----193.68502.171,302.033,375.898,752.95
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 1.031.150.2766.0732.9585.44221.53574.381,489.23
Total Cash (%)
Account Receivables ----------
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable ----------
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 2.4
Beta 0.323
Diluted Shares Outstanding 21.40
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.851
Total Debt -
Total Equity 51.36
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 114.3748.979.279.4282.28213.34553.151,434.203,718.579,641.46
EBITDA 113.2547.897.047.8180.82193.68502.171,302.033,375.898,752.95
EBIT -----193.68502.171,302.033,375.898,752.95
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT -----193.68502.171,302.033,375.898,752.95
Depreciation ----------
Accounts Receivable ----------
Inventories ----------
Accounts Payable ----------
Capital Expenditure ----------
UFCF -----193.68502.171,302.033,375.898,752.95
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 8,796.72
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.13
Equity Value -
Shares Outstanding 21.40
Equity Value Per Share -