Discounted Cash Flow (DCF) Analysis Unlevered

Everset (MLEVE.PA)

0.406 €

0.00 (0.00%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 0.406 | undervalue

Operating Data

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
Revenue 1.550.060.110.100.100.090.090.080.070.07
Revenue (%)
EBITDA -0.61-0.38-0.39-0.10-0.05-0.22-0.20-0.19-0.17-0.16
EBITDA (%)
EBIT -0.61-0.38-0.39-0.10-0.05-0.22-0.20-0.19-0.17-0.16
EBIT (%)
Depreciation ----------
Depreciation (%)

Balance Sheet Data

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
Total Cash 0.560.180.150.160.160.150.140.130.120.11
Total Cash (%)
Account Receivables 0.490.310.100.040.030.130.120.110.100.10
Account Receivables (%)
Inventories -0.080.100.120.030.090.080.070.070.06
Inventories (%)
Accounts Payable 0.120.090.060.050.060.060.060.050.050.04
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.406
Beta -90.944
Diluted Shares Outstanding 1.27
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity -425.560
Total Debt -
Total Equity 0.52
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
Revenue 1.550.060.110.100.100.090.090.080.070.07
EBITDA -0.61-0.38-0.39-0.10-0.05-0.22-0.20-0.19-0.17-0.16
EBIT -0.61-0.38-0.39-0.10-0.05-0.22-0.20-0.19-0.17-0.16
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT -0.61-0.38-0.39-0.10-0.05-0.22-0.20-0.19-0.17-0.16
Depreciation ----------
Accounts Receivable -0.180.210.060.01-0.100.010.010.010.01
Inventories ---0.02-0.020.09-0.060.010.010.010.01
Accounts Payable --0.03-0.03-0.010.01-0-0-0-0-0
Capital Expenditure ----------
UFCF -0.61-0.23-0.23-0.070.06-0.38-0.19-0.18-0.16-0.15
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -0.16
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.16
Equity Value -
Shares Outstanding 1.27
Equity Value Per Share -