Discounted Cash Flow (DCF) Analysis Unlevered

Cibox Inter@ctive (CIB.PA)

0.0689 €

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: 0.00 | 0.0689 | 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 16.8211.247.0214.5116.1618.0620.2022.5825.2528.23
Revenue (%)
EBITDA 0.540.020.030.900.070.380.420.470.530.59
EBITDA (%)
EBIT 0.40-0.050.010.74-0.090.240.270.300.330.37
EBIT (%)
Depreciation 0.130.070.030.150.160.140.150.170.190.22
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 2.932.281.926.285.775.215.826.517.288.14
Total Cash (%)
Account Receivables ----------
Account Receivables (%)
Inventories 1.320.821.141.611.291.822.042.282.542.84
Inventories (%)
Accounts Payable 2.970.781.011.162.972.362.642.963.303.69
Accounts Payable (%)
Capital Expenditure -0.01-0.02-0.38-0.19-0.36-0.33-0.37-0.41-0.46-0.52
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.0,689
Beta 1.994
Diluted Shares Outstanding 107.49
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 3.51%
Risk-Free Rate
Market Risk Premium
Cost of Equity 13.376
Total Debt 6.23
Total Equity 7.41
Total Capital 13.64
Debt Weighting 45.70
Equity Weighting 54.30
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 16.8211.247.0214.5116.1618.0620.2022.5825.2528.23
EBITDA 0.540.020.030.900.070.380.420.470.530.59
EBIT 0.40-0.050.010.74-0.090.240.270.300.330.37
Tax Rate 0.50%0.00%0.00%0.00%0.00%0.10%0.10%0.10%0.10%0.10%
EBIAT 0.40-0.050.010.74-0.090.240.270.300.330.37
Depreciation 0.130.070.030.150.160.140.150.170.190.22
Accounts Receivable ----------
Inventories -0.50-0.32-0.470.32-0.53-0.21-0.24-0.27-0.30
Accounts Payable --2.180.230.151.81-0.610.280.310.350.39
Capital Expenditure -0.01-0.02-0.38-0.19-0.36-0.33-0.37-0.41-0.46-0.52
UFCF 0.53-1.68-0.440.391.83-1.090.110.130.140.16
WACC
PV UFCF -10.100.100.100.10
SUM PV UFCF -0.60

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 8.87
Free cash flow (t + 1) 0.16
Terminal Value 2.36
Present Value of Terminal Value 1.55

Intrinsic Value

Enterprise Value 0.94
Net Debt 0.46
Equity Value 0.48
Shares Outstanding 107.49
Equity Value Per Share 0.00