Discounted Cash Flow (DCF) Analysis Unlevered

Locafy Limited (LCFY)

$0.2602

+0.00 (+0.31%)
All numbers are in Millions, Currency in USD
Stock DCF: -7.43 | 0.2602 | overvalue

Operating Data

Year
A/P
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 1.992.194.226.409.7014.6922.2733.74
Revenue (%)
EBITDA -1.87-0.56-3.50-4.32-6.55-9.93-15.05-22.80
EBITDA (%)
EBIT ----4.32-6.55-9.93-15.05-22.80
EBIT (%)
Depreciation --------
Depreciation (%)

Balance Sheet Data

Year
A/P
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 0.160.654.082.874.356.599.9815.13
Total Cash (%)
Account Receivables 0.230.391.201.241.882.844.316.53
Account Receivables (%)
Inventories --------
Inventories (%)
Accounts Payable 1.030.480.661.902.884.366.6110.02
Accounts Payable (%)
Capital Expenditure -0.05-0.44-2.01-1.50-2.28-3.45-5.23-7.92
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.2,602
Beta 0.000
Diluted Shares Outstanding 20.53
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 96.87%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.691
Total Debt 0.76
Total Equity 5.34
Total Capital 6.10
Debt Weighting 12.43
Equity Weighting 87.57
Wacc

Build Up Free Cash

Year
A/P
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 1.992.194.226.409.7014.6922.2733.74
EBITDA -1.87-0.56-3.50-4.32-6.55-9.93-15.05-22.80
EBIT ----4.32-6.55-9.93-15.05-22.80
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT ----4.32-6.55-9.93-15.05-22.80
Depreciation --------
Accounts Receivable --0.16-0.81-0.03-0.64-0.97-1.46-2.22
Inventories --------
Accounts Payable --0.550.191.240.981.482.253.41
Capital Expenditure -0.05-0.44-2.01-1.50-2.28-3.45-5.23-7.92
UFCF ----4.62-8.49-12.86-19.49-29.54
WACC
PV UFCF -5.33-8.49-11.16-14.67-19.28
SUM PV UFCF -44.34

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 15.28
Free cash flow (t + 1) -30.13
Terminal Value -226.86
Present Value of Terminal Value -111.43

Intrinsic Value

Enterprise Value -155.76
Net Debt -3.33
Equity Value -152.44
Shares Outstanding 20.53
Equity Value Per Share -7.43