FMP
Emerald Banking and Finance Fund Institutional Class
HSSIX
PNK
The fund has adopted an investment policy that it will, under normal conditions, invest at least 80% of the value of its assets (net assets plus the amount of any borrowings for investment purposes) in stocks (both common and preferred) of companies principally engaged in the banking or financial services industries, and collective investment vehicles that invest in companies that are principally engaged in the banking and financial services industries.
27.28 USD
1.71 (6.27%)
Operating Data
Year
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
Revenue
906.3k
631.27k
985.03k
1.33M
1.54M
1.84M
2.19M
2.61M
3.12M
3.71M
Revenue %
-
-30.35
56.04
35.39
15.71
19.2
19.2
19.2
19.2
Ebitda
246.9k
279.14k
459.49k
654.71k
818.13k
810.12k
965.65k
1.15M
1.37M
1.64M
Ebitda %
27.24
44.22
46.65
49.09
53.02
44.04
44.04
44.04
44.04
Ebit
243.28k
275.18k
455.09k
651.56k
810.89k
802.11k
956.1k
1.14M
1.36M
1.62M
Ebit %
26.84
43.59
46.2
48.86
52.55
43.61
43.61
43.61
43.61
Depreciation
3.62k
3.96k
4.4k
3.15k
7.24k
8.01k
9.55k
11.38k
13.57k
16.17k
Depreciation %
0.4
0.63
0.45
0.24
0.47
0.44
0.44
0.44
0.44
Balance Sheet
Year
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
Total Cash
184.6k
473.5k
227.45k
746.54k
343.98k
723.74k
862.69k
1.03M
1.23M
1.46M
Total Cash %
20.37
75.01
23.09
55.98
22.29
39.35
39.35
39.35
39.35
Receivables
107.46k
49.62k
81.28k
78.45k
192.1k
170.33k
203.03k
242k
288.46k
343.84k
Receivables %
11.86
7.86
8.25
5.88
12.45
9.26
9.26
9.26
9.26
Inventories
-
-
0.01
-
-
0
0.01
0.01
0.01
0.01
Inventories %
-
-
0
-
-
0
0
0
0
Payable
-
-
-
-
-
-
-
-
-
-
Payable %
-
-
-
-
-
-
-
-
-
Cap Ex
-3.95k
-1.2k
-6.34k
-7.6k
-52.78k
-19.35k
-23.07k
-27.49k
-32.77k
-39.06k
Cap Ex %
-0.44
-0.19
-0.64
-0.57
-3.42
-1.05
-1.05
-1.05
-1.05
Weighted Average Cost Of Capital
Price
27.28
Beta
Diluted Shares Outstanding
30.14M
Costof Debt
4.04
Tax Rate
After Tax Cost Of Debt
3
Risk Free Rate
Market Risk Premium
Cost Of Equity
Total Debt
1.68M
Total Equity
822.09M
Total Capital
823.77M
Debt Weighting
0.2
Equity Weighting
99.8
Wacc
10.68
Build Up Free Cash Flow
Year
2019
2020
2021
2022
2023
2024
2025
2026
2027
2028
Revenue
906.3k
631.27k
985.03k
1.33M
1.54M
1.84M
2.19M
2.61M
3.12M
3.71M
Ebitda
246.9k
279.14k
459.49k
654.71k
818.13k
810.12k
965.65k
1.15M
1.37M
1.64M
Ebit
243.28k
275.18k
455.09k
651.56k
810.89k
802.11k
956.1k
1.14M
1.36M
1.62M
Tax Rate
25.84
25.84
25.84
25.84
25.84
25.84
25.84
25.84
25.84
25.84
Ebiat
189.72k
202.8k
336.52k
484.05k
601.33k
600.1k
715.3k
852.63k
1.02M
1.21M
Depreciation
3.62k
3.96k
4.4k
3.15k
7.24k
8.01k
9.55k
11.38k
13.57k
16.17k
Receivables
107.46k
49.62k
81.28k
78.45k
192.1k
170.33k
203.03k
242k
288.46k
343.84k
Inventories
-
-
0.01
-
-
0
0.01
0.01
0.01
0.01
Payable
-
-
-
-
-
-
-
-
-
-
Cap Ex
-3.95k
-1.2k
-6.34k
-7.6k
-52.78k
-19.35k
-23.07k
-27.49k
-32.77k
-39.06k
Ufcf
81.92k
263.4k
302.91k
482.43k
442.15k
610.53k
669.09k
797.54k
950.65k
1.13M
Wacc
10.68
10.68
10.68
10.68
10.68
Pv Ufcf
551.62k
546.19k
588.23k
633.5k
682.25k
Sum Pv Ufcf
3M
Terminal Value
Growth In Perpetuity Method
Long Term Growth Rate
Wacc
10.68
Free Cash Flow T1
1.16M
Terminal Value
13.32M
Present Terminal Value
8.02M
Intrinsic Value
Enterprise Value
11.02M
Net Debt
1.34M
Equity Value
9.68M
Diluted Shares Outstanding
30.14M
Equity Value Per Share
0.32
Projected DCF
0.32123 -83.924%
