Discounted Cash Flow (DCF) Analysis Unlevered
Coro Global Inc. (CGLO)
$0.0023
0.00 (0.00%)
All numbers are in Millions, Currency in USD
Operating Data
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Revenue | 0.03 | 0.04 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| EBITDA | -0.41 | -1.27 | -3.42 | -4.83 | -5.35 | -1.52 | -1.08 | -0.77 | -0.55 | -0.39 |
| EBITDA (%) | ||||||||||
| EBIT | -0.41 | -1.28 | -3.42 | -4.83 | -5.35 | -1.52 | -1.08 | -0.77 | -0.55 | -0.39 |
| EBIT (%) | ||||||||||
| Depreciation | - | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation (%) |
Balance Sheet Data
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Actual | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Total Cash | 0.01 | 0 | 0.22 | 0.47 | 0.58 | 0.15 | 0.10 | 0.07 | 0.05 | 0.04 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | - | - | - | - | 0.05 | 0.03 | 0.02 | 0.02 | 0.01 | 0.01 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 0.08 | 0.24 | 0.22 | 0.15 | 0.53 | 0.11 | 0.08 | 0.06 | 0.04 | 0.03 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | - | -0.02 | -0.01 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Capital Expenditure (%) |
Weighted Average Cost Of Capital
| Share price | $ 0.0,023 |
|---|---|
| Beta | 1.761 |
| Diluted Shares Outstanding | 24.66 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 5.00% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 12.096 |
| Total Debt | - |
| Total Equity | 0.06 |
| Total Capital | 0.06 |
| Debt Weighting | 0.00 |
| Equity Weighting | 100.00 |
| Wacc |
Build Up Free Cash
Year A/P | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected |
| Revenue | 0.03 | 0.04 | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | -0.41 | -1.27 | -3.42 | -4.83 | -5.35 | -1.52 | -1.08 | -0.77 | -0.55 | -0.39 |
| EBIT | -0.41 | -1.28 | -3.42 | -4.83 | -5.35 | -1.52 | -1.08 | -0.77 | -0.55 | -0.39 |
| Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EBIAT | -0.41 | -1.28 | -3.42 | -4.83 | -5.35 | -1.52 | -1.08 | -0.77 | -0.55 | -0.39 |
| Depreciation | - | 0.01 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | - | - | - | - | - | 0.01 | 0.01 | 0.01 | 0.01 | 0 |
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | 0.16 | -0.01 | -0.07 | 0.38 | -0.42 | -0.03 | -0.02 | -0.02 | -0.01 |
| Capital Expenditure | - | -0.02 | -0.01 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| UFCF | -0.41 | -1.14 | -3.44 | -4.91 | -4.97 | -1.93 | -1.10 | -0.78 | -0.56 | -0.40 |
| WACC | ||||||||||
| PV UFCF | -5.50 | -4.97 | -1.72 | -0.88 | -0.56 | -0.35 | -0.22 | |||
| SUM PV UFCF | -3.73 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 12.10 |
| Free cash flow (t + 1) | -0.41 |
| Terminal Value | -4.01 |
| Present Value of Terminal Value | -2.27 |
Intrinsic Value
| Enterprise Value | -6 |
|---|---|
| Net Debt | -0.58 |
| Equity Value | -5.42 |
| Shares Outstanding | 24.66 |
| Equity Value Per Share | -0.22 |