Discounted Cash Flow (DCF) Analysis Unlevered

Camber Energy, Inc. (CEI)

$0.1036

-0.01 (-5.04%)
All numbers are in Millions, Currency in USD
Stock DCF: -2.40 | 0.1036 | overvalue

Operating Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 5.306.862.740.400.400.290.200.140.100.07
Revenue (%)
EBITDA -85.97-18.7519.08-3.84-167.68-25.12-17.89-12.74-9.07-6.46
EBITDA (%)
EBIT ------25.12-17.89-12.74-9.07-6.46
EBIT (%)
Depreciation ----------
Depreciation (%)

Balance Sheet Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 0.710.767.780.665.851.100.790.560.400.28
Total Cash (%)
Account Receivables 1.220.650.130.260.020.060.040.030.020.02
Account Receivables (%)
Inventories 0.200.260.100.020.020.010.010.0100
Inventories (%)
Accounts Payable 3.092.971.521.471.450.510.360.260.180.13
Accounts Payable (%)
Capital Expenditure -0.02-0-0.01-0-0-0-0-0-0-0
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.1,036
Beta -1.497
Diluted Shares Outstanding 124.08
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 9.21%
Risk-Free Rate
Market Risk Premium
Cost of Equity -3.467
Total Debt 21.50
Total Equity 12.85
Total Capital 34.35
Debt Weighting 62.58
Equity Weighting 37.42
Wacc

Build Up Free Cash

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 5.306.862.740.400.400.290.200.140.100.07
EBITDA -85.97-18.7519.08-3.84-167.68-25.12-17.89-12.74-9.07-6.46
EBIT ------25.12-17.89-12.74-9.07-6.46
Tax Rate 0.02%0.00%0.02%0.00%0.00%0.01%0.01%0.01%0.01%0.01%
EBIAT ------25.12-17.89-12.74-9.07-6.46
Depreciation ----------
Accounts Receivable -0.570.52-0.130.23-0.040.020.010.010.01
Inventories --0.060.160.09-000000
Accounts Payable --0.12-1.45-0.05-0.02-0.94-0.15-0.10-0.07-0.05
Capital Expenditure -0.02-0-0.01-0-4.10-0-0-0-0-0
UFCF ------26.09-18.02-12.83-9.14-6.51
WACC
PV UFCF -24.98-16.51-11.25-7.67-5.23
SUM PV UFCF -65.64

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 4.47
Free cash flow (t + 1) -6.64
Terminal Value -268.73
Present Value of Terminal Value -215.95

Intrinsic Value

Enterprise Value -281.59
Net Debt 15.65
Equity Value -297.24
Shares Outstanding 124.08
Equity Value Per Share -2.40