Discounted Cash Flow (DCF) Analysis Unlevered

Maris-Tech Ltd. (MTEK)

$0.93995

+0.02 (+2.24%)
All numbers are in Millions, Currency in USD
Stock DCF: -38.84 | 0.93995 | overvalue

Operating Data

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 0.890.992.083.335.348.5613.7322.02
Revenue (%)
EBITDA -0.46-0.39-0.57-1.31-2.10-3.36-5.39-8.64
EBITDA (%)
EBIT -0.46-0.39-0.57-1.32-2.11-3.39-5.44-8.72
EBIT (%)
Depreciation 000.010.010.020.030.050.07
Depreciation (%)

Balance Sheet Data

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 00.0200.030.040.070.100.17
Total Cash (%)
Account Receivables 0.240.130.570.761.211.943.125
Account Receivables (%)
Inventories 0.350.250.390.931.492.393.846.16
Inventories (%)
Accounts Payable 0.310.250.460.921.472.353.776.05
Accounts Payable (%)
Capital Expenditure -0-0.01-0.01-0.01-0.02-0.04-0.06-0.09
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.93,995
Beta 0.000
Diluted Shares Outstanding 6.67
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 11.20%
Risk-Free Rate
Market Risk Premium
Cost of Equity 3.493
Total Debt 2.24
Total Equity 6.27
Total Capital 8.52
Debt Weighting 26.34
Equity Weighting 73.66
Wacc

Build Up Free Cash

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 0.890.992.083.335.348.5613.7322.02
EBITDA -0.46-0.39-0.57-1.31-2.10-3.36-5.39-8.64
EBIT -0.46-0.39-0.57-1.32-2.11-3.39-5.44-8.72
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT -0.46-0.39-0.57-1.32-2.11-3.39-5.44-8.72
Depreciation 000.010.010.020.030.050.07
Accounts Receivable -0.11-0.44-0.18-0.46-0.73-1.17-1.88
Inventories -0.10-0.14-0.54-0.56-0.90-1.45-2.32
Accounts Payable --0.060.210.450.550.891.422.28
Capital Expenditure -0-0.01-0.01-0.01-0.02-0.04-0.06-0.09
UFCF -0.46-0.24-0.95-1.59-2.58-4.14-6.65-10.66
WACC
PV UFCF -1.68-2.58-3.93-5.97-9.07
SUM PV UFCF -20.87

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.52
Free cash flow (t + 1) -10.87
Terminal Value -308.89
Present Value of Terminal Value -236.12

Intrinsic Value

Enterprise Value -256.99
Net Debt 2.24
Equity Value -259.23
Shares Outstanding 6.67
Equity Value Per Share -38.84