Discounted Cash Flow (DCF) Analysis Unlevered

Financial 15 Split Corp. (FTN.TO)

$8.7

+0.02 (+0.23%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 8.7 | undervalue

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 60.38-22.1785.72-85.55114.51-188.08308.92-507.39833.38-1,368.80
Revenue (%)
EBITDA 57.79-25.6182.77-88.10112.77-191.56314.62-516.76848.76-1,394.07
EBITDA (%)
EBIT ------191.56314.62-516.76848.76-1,394.07
EBIT (%)
Depreciation ----------
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 78.4740.5266.11238.5828.1286.51-142.09233.37-383.31629.58
Total Cash (%)
Account Receivables 1.371.561.290.480.741.19-1.963.22-5.298.69
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 21.206.957.411.974.30-5.228.57-14.0823.13-37.99
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 8.7
Beta 1.787
Diluted Shares Outstanding 17.59
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 12.238
Total Debt -
Total Equity 153.03
Total Capital -
Debt Weighting -
Equity Weighting -
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 60.38-22.1785.72-85.55114.51-188.08308.92-507.39833.38-1,368.80
EBITDA 57.79-25.6182.77-88.10112.77-191.56314.62-516.76848.76-1,394.07
EBIT ------191.56314.62-516.76848.76-1,394.07
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT ------191.56314.62-516.76848.76-1,394.07
Depreciation ----------
Accounts Receivable --0.190.270.81-0.26-0.453.15-5.188.51-13.97
Inventories ----------
Accounts Payable --14.250.46-5.442.33-9.5213.79-22.6637.21-61.12
Capital Expenditure ----------
UFCF ------201.53331.57-544.60894.48-1,469.16
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -1,498.55
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -28.12
Equity Value -
Shares Outstanding 17.59
Equity Value Per Share -