Discounted Cash Flow (DCF) Analysis Unlevered

EOS, Inc. (EOSS)

$9.01

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: -0.14 | 9.01 | 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 1.511.782.290.560.520.470.430.390.350.32
Revenue (%)
EBITDA 0.931.051.08-1.44-1.06-0.27-0.25-0.23-0.20-0.19
EBITDA (%)
EBIT 0.931.051.08-1.44-1.09-0.28-0.25-0.23-0.21-0.19
EBIT (%)
Depreciation 00000.030.010.010.0100
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 0.020.040.300.120.020.040.040.030.030.03
Total Cash (%)
Account Receivables 0.791.832.180.180.550.360.330.300.270.25
Account Receivables (%)
Inventories 00.010.010.450.030.080.070.070.060.06
Inventories (%)
Accounts Payable 0.040.0500.020.010.010.010.010.010.01
Accounts Payable (%)
Capital Expenditure -0.01-0-0-0-0-0-0-0-0-0
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 9.01
Beta -0.043
Diluted Shares Outstanding 77.24
Cost of Debt
Tax Rate -1.53
After-tax Cost of Debt -0.49%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.395
Total Debt 0.37
Total Equity 695.96
Total Capital 696.33
Debt Weighting 0.05
Equity Weighting 99.95
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 1.511.782.290.560.520.470.430.390.350.32
EBITDA 0.931.051.08-1.44-1.06-0.27-0.25-0.23-0.20-0.19
EBIT 0.931.051.08-1.44-1.09-0.28-0.25-0.23-0.21-0.19
Tax Rate 4.27%1.70%0.00%-6.42%-1.53%-0.40%-0.40%-0.40%-0.40%-0.40%
EBIAT 0.891.031.08-1.53-1.10-0.28-0.25-0.23-0.21-0.19
Depreciation 00000.030.010.010.0100
Accounts Receivable --1.04-0.352-0.370.180.030.030.030.03
Inventories --0.01-0-0.440.42-0.050.010.010.010.01
Accounts Payable -0.01-0.040.02-0.01-0-0-0-0-0
Capital Expenditure -0.01-0-0-0-0-0-0-0-0-0
UFCF 0.89-0.010.690.05-1.03-0.14-0.21-0.19-0.17-0.16
WACC
PV UFCF -0.14-0.20-0.17-0.15-0.13
SUM PV UFCF -0.79

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 3.39
Free cash flow (t + 1) -0.16
Terminal Value -11.54
Present Value of Terminal Value -9.77

Intrinsic Value

Enterprise Value -10.56
Net Debt 0.35
Equity Value -10.91
Shares Outstanding 77.24
Equity Value Per Share -0.14