Discounted Cash Flow (DCF) Analysis Unlevered

Grow Capital, Inc. (GRWC)

$0.0019

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: -668.93 | 0.0019 | overvalue

Operating Data

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 0.120.140.330.581.021.803.165.569.7817.19
Revenue (%)
EBITDA -1.40-0.73-1.41-2.40-2.29-9.89-17.40-30.59-53.78-94.57
EBITDA (%)
EBIT -1.43-0.85-1.48-2.40-2.31-10.37-18.23-32.06-56.37-99.11
EBIT (%)
Depreciation 0.030.130.0600.020.480.841.472.594.55
Depreciation (%)

Balance Sheet Data

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash 0.040.030.010.480.250.611.071.893.325.83
Total Cash (%)
Account Receivables 000.040.170.410.290.520.911.592.80
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 00.020.010.330.640.490.871.532.684.72
Accounts Payable (%)
Capital Expenditure -0.29-0.30-0.04-0.01-1.20-2.11-3.71-6.53-11.48-20.19
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.0,019
Beta 1.353
Diluted Shares Outstanding 11.72
Cost of Debt
Tax Rate 19.07
After-tax Cost of Debt 3.11%
Risk-Free Rate
Market Risk Premium
Cost of Equity 10.024
Total Debt 0.94
Total Equity 0.02
Total Capital 0.96
Debt Weighting 97.68
Equity Weighting 2.32
Wacc

Build Up Free Cash

Year
A/P
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 0.120.140.330.581.021.803.165.569.7817.19
EBITDA -1.40-0.73-1.41-2.40-2.29-9.89-17.40-30.59-53.78-94.57
EBIT -1.43-0.85-1.48-2.40-2.31-10.37-18.23-32.06-56.37-99.11
Tax Rate 0.00%0.00%0.00%-7.10%19.07%2.39%2.39%2.39%2.39%2.39%
EBIAT -1.43-0.85-1.48-2.57-1.87-10.12-17.80-31.29-55.02-96.74
Depreciation 0.030.130.0600.020.480.841.472.594.55
Accounts Receivable --0-0.04-0.12-0.240.11-0.22-0.39-0.69-1.21
Inventories ----------
Accounts Payable -0.02-0.010.330.31-0.150.370.661.162.03
Capital Expenditure -0.29-0.30-0.04-0.01-1.20-2.11-3.71-6.53-11.48-20.19
UFCF -1.69-1.01-1.51-2.37-2.99-11.79-20.52-36.08-63.45-111.56
WACC
PV UFCF -2.45-2.99-11.42-19.24-32.76-55.78-94.98
SUM PV UFCF -214.19

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 3.27
Free cash flow (t + 1) -113.79
Terminal Value -8,959.90
Present Value of Terminal Value -7,628.38

Intrinsic Value

Enterprise Value -7,842.56
Net Debt 0.69
Equity Value -7,843.25
Shares Outstanding 11.72
Equity Value Per Share -668.93