Discounted Cash Flow (DCF) Analysis Unlevered

Adams Natural Resources Fund, Inc. (PEO)

$22.243

-0.18 (-0.79%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 22.243 | undervalue

Operating Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 18.56-121.0970.93-136.60157.92-402.371,025.23-2,612.286,656.06-16,959.56
Revenue (%)
EBITDA 13.70-126.0465.66-142154.35-380968.23-2,467.046,285.98-16,016.59
EBITDA (%)
EBIT ----142154.35-380968.23-2,467.046,285.98-16,016.59
EBIT (%)
Depreciation ----------
Depreciation (%)

Balance Sheet Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Total Cash 0.130.930.540.340.15-0.451.14-2.917.41-18.87
Total Cash (%)
Account Receivables 0.679.1312.933.390.34-9.6724.64-62.79159.99-407.65
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable -9.4011.164.022.83-6.8617.49-44.55113.52-289.26
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 22.243
Beta 1.294
Diluted Shares Outstanding 29.71
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 9.609
Total Debt -
Total Equity 660.86
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 18.56-121.0970.93-136.60157.92-402.371,025.23-2,612.286,656.06-16,959.56
EBITDA 13.70-126.0465.66-142154.35-380968.23-2,467.046,285.98-16,016.59
EBIT ----142154.35-380968.23-2,467.046,285.98-16,016.59
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT ----142154.35-380968.23-2,467.046,285.98-16,016.59
Depreciation ----------
Accounts Receivable --8.46-3.809.543.0510.01-34.3187.43-222.78567.64
Inventories ----------
Accounts Payable --1.76-7.15-1.19-9.6924.35-62.04158.08-402.78
Capital Expenditure ----------
UFCF ----139.61156.21-379.68958.26-2,441.646,221.28-15,851.73
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -16,168.76
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.15
Equity Value -
Shares Outstanding 29.71
Equity Value Per Share -