Discounted Cash Flow (DCF) Analysis Unlevered

Gérard Perrier Industrie S.A. (PERR.PA)

100.5 €

+2.50 (+2.55%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 100.5 | undervalue

Operating Data

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 211.38191.28233.47278.97300.74330.70363.63399.85439.68483.47
Revenue (%)
EBITDA 25.4721.0425.7929.7133.6436.9940.6744.7349.1854.08
EBITDA (%)
EBIT 23.3717.8822.4826.6229.7532.7235.9839.5643.5047.83
EBIT (%)
Depreciation 2.103.163.313.093.894.274.705.175.686.25
Depreciation (%)

Balance Sheet Data

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Total Cash 47.6047.6451.9358.4768.1474.9382.3990.6099.62109.54
Total Cash (%)
Account Receivables 70.6569.5483.70105.31107.80118.54130.35143.33157.60173.30
Account Receivables (%)
Inventories 8.7310.4522.3626.7021.6123.7626.1328.7331.5934.74
Inventories (%)
Accounts Payable 13.7714.4218.2426.4623.5725.9228.5031.3434.4637.90
Accounts Payable (%)
Capital Expenditure -4.41-3.07-3.22-8.50-6.10-6.71-7.38-8.11-8.92-9.81
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 100.5
Beta 0.811
Diluted Shares Outstanding -
Cost of Debt
Tax Rate 27.87
After-tax Cost of Debt 3.61%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.162
Total Debt -
Total Equity -
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Actual
2024
Projected
2025
Projected
2026
Projected
2027
Projected
2028
Projected
Revenue 211.38191.28233.47278.97300.74330.70363.63399.85439.68483.47
EBITDA 25.4721.0425.7929.7133.6436.9940.6744.7349.1854.08
EBIT 23.3717.8822.4826.6229.7532.7235.9839.5643.5047.83
Tax Rate 31.54%29.55%25.55%24.82%27.87%27.87%27.87%27.87%27.87%27.87%
EBIAT 1612.5916.7420.0121.4623.6025.9528.5331.3834.50
Depreciation 2.103.163.313.093.894.274.705.175.686.25
Accounts Receivable -1.11-14.16-21.61-2.49-10.74-11.81-12.98-14.28-15.70
Inventories --1.72-11.91-4.335.09-2.15-2.37-2.60-2.86-3.15
Accounts Payable -0.653.828.22-2.892.352.582.843.123.43
Capital Expenditure -4.41-3.07-3.22-8.50-6.10-6.71-7.38-8.11-8.92-9.81
UFCF 13.6812.73-5.43-3.1118.9510.6211.6812.8414.1215.53
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) 15.99
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

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