Discounted Cash Flow (DCF) Analysis Unlevered

Fauvet Girel (FAUV.PA)

24.4 €

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: 9.45 | 24.4 | overvalue

Operating Data

Year
A/P
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 0.660.340.180.090.050.030.010.0100
Revenue (%)
EBITDA 0.900.46-0.07-0.09-0.50-0.05-0.02-0.01-0.01-0
EBITDA (%)
EBIT -0.032.140.240.07-0.42-0-0-0-0-0
EBIT (%)
Depreciation 0.93-1.68-0.31-0.16-0.09-0.04-0.02-0.01-0.01-0
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 1.797.256.972.362.700.740.380.200.110.06
Total Cash (%)
Account Receivables ----------
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 0.040.020.020.020.060.010000
Accounts Payable (%)
Capital Expenditure -0.31-0.64-0.21-0.11-0.06-0.03-0.02-0.01-0-0
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 24.4
Beta 0.378
Diluted Shares Outstanding 0.25
Cost of Debt
Tax Rate 351.30
After-tax Cost of Debt -8.87%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.588
Total Debt 0
Total Equity 6.12
Total Capital 6.12
Debt Weighting 0.01
Equity Weighting 99.99
Wacc

Build Up Free Cash

Year
A/P
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 0.660.340.180.090.050.030.010.0100
EBITDA 0.900.46-0.07-0.09-0.50-0.05-0.02-0.01-0.01-0
EBIT -0.032.140.240.07-0.42-0-0-0-0-0
Tax Rate 113.21%-2,535.99%0.00%0.00%351.30%-414.30%-414.30%-414.30%-414.30%-414.30%
EBIAT 056.380.240.071.04-0-0-0-0-0
Depreciation 0.93-1.68-0.31-0.16-0.09-0.04-0.02-0.01-0.01-0
Accounts Receivable ----------
Inventories ----------
Accounts Payable --0.02-0-00.04-0.05-0-0-0-0
Capital Expenditure -0.31-0.64-0.21-0.11-0.06-0.03-0.02-0.01-0-0
UFCF 0.6354.04-0.28-0.200.94-0.13-0.04-0.02-0.01-0.01
WACC
PV UFCF -0.31-0.210.94-0.12-0.04-0.02-0.01-0
SUM PV UFCF -0.19

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.59
Free cash flow (t + 1) -0.01
Terminal Value -0.18
Present Value of Terminal Value -0.14

Intrinsic Value

Enterprise Value -0.33
Net Debt -2.70
Equity Value 2.37
Shares Outstanding 0.25
Equity Value Per Share 9.45