Discounted Cash Flow (DCF) Analysis Unlevered

Virtus Convertible & Income Fund (NCV)

$3.2

-0.03 (-0.93%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 3.2 | undervalue

Operating Data

Year
A/P
Revenue
Revenue (%)
EBITDA
EBITDA (%)
EBIT
EBIT (%)
Depreciation
Depreciation (%)

Balance Sheet Data

Year
A/P
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 $ 3.2
Beta 1.193
Diluted Shares Outstanding 86.79
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 0.97%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.437
Total Debt 28.85
Total Equity 277.74
Total Capital 306.59
Debt Weighting 9.41
Equity Weighting 90.59
Wacc

Build Up Free Cash

Year
A/P
Revenue
EBITDA
EBIT
Tax Rate
EBIAT
Depreciation
Accounts Receivable
Inventories
Accounts Payable
Capital Expenditure
UFCF
WACC
PV UFCF
SUM PV UFCF

Terminal Value

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

Intrinsic Value

Enterprise Value -
Net Debt 28.84
Equity Value -
Shares Outstanding 86.79
Equity Value Per Share -