Discounted Cash Flow (DCF) Analysis Unlevered

Isoray, Inc. (ISR)

$0.2299

+0.01 (+4.55%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 0.2299 | undervalue

Operating Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 5.927.319.6810.0510.8012.6014.7217.1920.0723.43
Revenue (%)
EBITDA -6.62-5.01-3.30-3.24-6.98-7.85-9.16-10.70-12.49-14.59
EBITDA (%)
EBIT -6.70-5.14-3.45-3.39-7.27-8.07-9.42-11-12.85-15
EBIT (%)
Depreciation 0.080.140.150.150.290.220.260.310.360.42
Depreciation (%)

Balance Sheet Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 3.425.332.3963.8355.8932.9738.5044.9652.5061.30
Total Cash (%)
Account Receivables 1.231.242.072.041.612.382.783.253.794.43
Account Receivables (%)
Inventories 0.490.530.640.981.401.131.321.541.802.11
Inventories (%)
Accounts Payable 1.390.680.650.730.971.411.641.922.242.61
Accounts Payable (%)
Capital Expenditure -0.34-0.44-0.27-0.38-0.27-0.53-0.61-0.72-0.84-0.98
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.2,299
Beta 0.871
Diluted Shares Outstanding 141.99
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 7.913
Total Debt 0.52
Total Equity 32.64
Total Capital 33.17
Debt Weighting 1.58
Equity Weighting 98.42
Wacc

Build Up Free Cash

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 5.927.319.6810.0510.8012.6014.7217.1920.0723.43
EBITDA -6.62-5.01-3.30-3.24-6.98-7.85-9.16-10.70-12.49-14.59
EBIT -6.70-5.14-3.45-3.39-7.27-8.07-9.42-11-12.85-15
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT -6.70-5.14-3.45-3.39-7.27-8.07-9.42-11-12.85-15
Depreciation 0.080.140.150.150.290.220.260.310.360.42
Accounts Receivable --0.01-0.830.030.44-0.77-0.40-0.47-0.54-0.64
Inventories --0.04-0.11-0.34-0.420.26-0.19-0.22-0.26-0.30
Accounts Payable --0.71-0.030.080.240.440.240.280.320.38
Capital Expenditure -0.34-0.44-0.27-0.38-0.27-0.53-0.61-0.72-0.84-0.98
UFCF -6.96-6.20-4.55-3.85-6.99-8.44-10.13-11.83-13.81-16.12
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -16.45
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -55.37
Equity Value -
Shares Outstanding 141.99
Equity Value Per Share -