Discounted Cash Flow (DCF) Analysis Unlevered

Eurotex Industries and Exports Limi... (EUROTEXIND.NS)

13.9 ₹

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: -53.46 | 13.9 | overvalue

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 2,497.201,950.64414.43232.4922.519.293.841.580.650.27
Revenue (%)
EBITDA -41.06-65.87-137.88-52.75-48.20-5.11-2.11-0.87-0.36-0.15
EBITDA (%)
EBIT -80.90-104.94-174.98-89.35-81.23-8.37-3.45-1.43-0.59-0.24
EBIT (%)
Depreciation 39.8539.0737.1036.6033.033.251.340.550.230.09
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 14.15125.904.928.8612.471.250.520.210.090.04
Total Cash (%)
Account Receivables ----------
Account Receivables (%)
Inventories 548.50330.25100.1518.907.401.930.800.330.140.06
Inventories (%)
Accounts Payable 305.04190.3995.35116.9290.349.233.811.570.650.27
Accounts Payable (%)
Capital Expenditure -2.08-0.88-0.02-0.55-0.01-0.01-0-0-0-0
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 13.9
Beta 0.162
Diluted Shares Outstanding 8.75
Cost of Debt
Tax Rate -9.69
After-tax Cost of Debt 6.68%
Risk-Free Rate
Market Risk Premium
Cost of Equity 4.283
Total Debt 380.80
Total Equity 121.62
Total Capital 502.42
Debt Weighting 75.79
Equity Weighting 24.21
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 2,497.201,950.64414.43232.4922.519.293.841.580.650.27
EBITDA -41.06-65.87-137.88-52.75-48.20-5.11-2.11-0.87-0.36-0.15
EBIT -80.90-104.94-174.98-89.35-81.23-8.37-3.45-1.43-0.59-0.24
Tax Rate 7.26%1.24%13.97%2.66%-9.69%3.09%3.09%3.09%3.09%3.09%
EBIAT -75.03-103.64-150.54-86.97-89.10-8.11-3.35-1.38-0.57-0.24
Depreciation 39.8539.0737.1036.6033.033.251.340.550.230.09
Accounts Receivable ----------
Inventories -218.25230.1081.2411.515.461.140.470.190.08
Accounts Payable --114.65-95.0321.57-26.58-81.11-5.42-2.24-0.92-0.38
Capital Expenditure -2.08-0.88-0.02-0.55-0.01-0.01-0-0-0-0
UFCF -37.2638.1421.6151.89-71.16-80.51-6.29-2.60-1.07-0.44
WACC
PV UFCF -75.88-5.59-2.17-0.85-0.33
SUM PV UFCF -84.82

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 6.10
Free cash flow (t + 1) -0.45
Terminal Value -11.02
Present Value of Terminal Value -8.19

Intrinsic Value

Enterprise Value -93.01
Net Debt 374.72
Equity Value -467.74
Shares Outstanding 8.75
Equity Value Per Share -53.46