Discounted Cash Flow (DCF) Analysis Unlevered

Li Auto Inc. (LI)

$23.01

-0.36 (-1.54%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 23.01 | undervalue

Operating Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue ---------
Revenue (%)
EBITDA ---------
EBITDA (%)
EBIT ---------
EBIT (%)
Depreciation ---------
Depreciation (%)

Balance Sheet Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash ---------
Total Cash (%)
Account Receivables ---------
Account Receivables (%)
Inventories ---------
Inventories (%)
Accounts Payable ---------
Accounts Payable (%)
Capital Expenditure ---------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 23.01
Beta 0.437
Diluted Shares Outstanding 926.66
Cost of Debt
Tax Rate -110.36
After-tax Cost of Debt 0.81%
Risk-Free Rate
Market Risk Premium
Cost of Equity 5.866
Total Debt 1,254.56
Total Equity 21,322.45
Total Capital 22,577.01
Debt Weighting 5.56
Equity Weighting 94.44
Wacc

Build Up Free Cash

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue ---------
EBITDA ---------
EBIT ---------
Tax Rate -31.50%-0.85%19.71%-110.36%-30.75%-30.75%-30.75%-30.75%-30.75%
EBIAT ---------
Depreciation ---------
Accounts Receivable ---------
Inventories ---------
Accounts Payable ---------
Capital Expenditure -155.32-152.46-108.03------
UFCF ---------
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.58
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -3,202.11
Equity Value -
Shares Outstanding 926.66
Equity Value Per Share -