Discounted Cash Flow (DCF) Analysis Unlevered

Amatheon Agri Holding N.V. (MLAAH.PA)

0.075 €

-0.01 (-10.71%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 0.075 | undervalue

Operating Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 23.3915.736.319.478.126.975.985.134.403.77
Revenue (%)
EBITDA 8.66-3.37-8.31-4.51-3.32-2.85-2.45-2.10-1.80-1.54
EBITDA (%)
EBIT 6.53-6.07-10.21-7.76-5.16-4.43-3.80-3.26-2.80-2.40
EBIT (%)
Depreciation 2.132.701.893.251.841.581.351.1610.86
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 19.032.551.130.862.532.171.861.601.371.17
Total Cash (%)
Account Receivables 5.293.562.270.731.811.551.331.140.980.84
Account Receivables (%)
Inventories 4.525.103.575.033.282.812.412.071.781.52
Inventories (%)
Accounts Payable 4.742.761.691.631.661.431.221.050.900.77
Accounts Payable (%)
Capital Expenditure -0.60-3.97-1.40-1.45-1.33-1.14-0.98-0.84-0.72-0.62
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.075
Beta -0.114
Diluted Shares Outstanding -
Cost of Debt
Tax Rate -8.54
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.622
Total Debt -
Total Equity -
Total Capital -
Debt Weighting -
Equity Weighting -
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
2027
Projected
Revenue 23.3915.736.319.478.126.975.985.134.403.77
EBITDA 8.66-3.37-8.31-4.51-3.32-2.85-2.45-2.10-1.80-1.54
EBIT 6.53-6.07-10.21-7.76-5.16-4.43-3.80-3.26-2.80-2.40
Tax Rate -15.30%-7.01%8.32%-20.17%-8.54%-8.54%-8.54%-8.54%-8.54%-8.54%
EBIAT 7.53-6.49-9.36-9.33-5.61-4.81-4.13-3.54-3.04-2.61
Depreciation 2.132.701.893.251.841.581.351.1610.86
Accounts Receivable -1.741.281.54-1.070.260.220.190.160.14
Inventories --0.581.54-1.471.760.470.400.340.290.25
Accounts Payable --1.98-1.07-0.060.03-0.24-0.20-0.17-0.15-0.13
Capital Expenditure -0.60-3.97-1.40-1.45-1.33-1.14-0.98-0.84-0.72-0.62
UFCF 9.06-8.58-7.12-7.51-4.38-3.88-3.33-2.86-2.45-2.10
WACC
PV UFCF -4.38-----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -2.14
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

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