Discounted Cash Flow (DCF) Analysis Unlevered

Musée Grévin SA (GREV.PA)

66 €

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 66 | 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 12.0613.1914.098.124.173.392.762.241.821.48
Revenue (%)
EBITDA 2.212.973.24-1.68-2.31-0.08-0.07-0.05-0.04-0.04
EBITDA (%)
EBIT 2.212.973.24-1.68-2.31-0.08-0.07-0.05-0.04-0.04
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 1.271.030.320.130.200.180.150.120.100.08
Total Cash (%)
Account Receivables ----------
Account Receivables (%)
Inventories 0.140.130.210.160.090.050.040.040.030.02
Inventories (%)
Accounts Payable 1.051.111.231.271.090.460.370.300.250.20
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 66
Beta 0.366
Diluted Shares Outstanding 0.50
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 1.59%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.517
Total Debt 6.50
Total Equity 33.23
Total Capital 39.73
Debt Weighting 16.36
Equity Weighting 83.64
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 12.0613.1914.098.124.173.392.762.241.821.48
EBITDA 2.212.973.24-1.68-2.31-0.08-0.07-0.05-0.04-0.04
EBIT 2.212.973.24-1.68-2.31-0.08-0.07-0.05-0.04-0.04
Tax Rate 21.68%27.03%29.70%-0.00%0.00%15.68%15.68%15.68%15.68%15.68%
EBIAT 1.732.162.28-1.68-2.31-0.07-0.06-0.05-0.04-0.03
Depreciation ----------
Accounts Receivable ----------
Inventories -0.01-0.080.050.070.040.010.010.010.01
Accounts Payable -0.060.120.04-0.18-0.63-0.09-0.07-0.06-0.05
Capital Expenditure ----------
UFCF 1.732.242.31-1.59-2.42-0.66-0.13-0.11-0.09-0.07
WACC
PV UFCF -0.63-0.12-0.09-0.07-0.06
SUM PV UFCF -0.98

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -0.07
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 6.30
Equity Value -
Shares Outstanding 0.50
Equity Value Per Share -