Discounted Cash Flow (DCF) Analysis Unlevered

Simo International Société Anonyme (MLSIM.PA)

0.26 €

0.00 (-%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 0.26 | undervalue

Operating Data

Year
A/P
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Revenue 7.049.0111.727.898.188.779.4110.1010.8311.62
Revenue (%)
EBITDA -0.390.350.30-1.05-1.01-0.43-0.47-0.50-0.54-0.57
EBITDA (%)
EBIT -0.390.350.30-1.05-1.01-0.43-0.47-0.50-0.54-0.57
EBIT (%)
Depreciation ----------
Depreciation (%)

Balance Sheet Data

Year
A/P
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Total Cash 0.650.510.310.060.660.460.500.530.570.61
Total Cash (%)
Account Receivables 1.501.690.960.870.921.241.331.421.531.64
Account Receivables (%)
Inventories 4.375.304.256.092.744.705.045.415.806.22
Inventories (%)
Accounts Payable 0.441.130.141.341.070.880.941.011.081.16
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.26
Beta 0.000
Diluted Shares Outstanding 3.20
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 4.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.691
Total Debt 0.75
Total Equity 0.83
Total Capital 1.58
Debt Weighting 47.41
Equity Weighting 52.59
Wacc

Build Up Free Cash

Year
A/P
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Revenue 7.049.0111.727.898.188.779.4110.1010.8311.62
EBITDA -0.390.350.30-1.05-1.01-0.43-0.47-0.50-0.54-0.57
EBIT -0.390.350.30-1.05-1.01-0.43-0.47-0.50-0.54-0.57
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT -0.390.350.30-1.05-1.01-0.43-0.47-0.50-0.54-0.57
Depreciation ----------
Accounts Receivable --0.190.730.09-0.05-0.32-0.09-0.10-0.10-0.11
Inventories --0.931.05-1.843.35-1.96-0.34-0.37-0.39-0.42
Accounts Payable -0.69-0.991.20-0.27-0.190.060.070.070.08
Capital Expenditure ----------
UFCF -0.39-0.081.09-1.602.02-2.90-0.83-0.89-0.96-1.03
WACC
PV UFCF -2.80-0.77-0.80-0.82-0.85
SUM PV UFCF -6.04

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -1.05
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 0.09
Equity Value -
Shares Outstanding 3.20
Equity Value Per Share -