Discounted Cash Flow (DCF) Analysis Unlevered
Proactis SA (PROAC.PA)
0.127 €
0.00 (0.00%)
All numbers are in Millions, Currency in USD
Operating Data
Year A/P | 2016 Actual | 2017 Projected | 2018 Projected | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 20.57 | - | - | - | - | - | - | - | - | - | - |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | |||||||||||
| EBITDA | 3.57 | - | - | - | - | - | - | - | - | - | - |
| EBITDA (%) | |||||||||||
| EBIT | 1.39 | - | - | - | - | - | - | - | - | - | - |
| EBIT (%) | |||||||||||
| Depreciation | 2.18 | - | - | - | - | - | - | - | - | - | - |
| Depreciation (%) |
Balance Sheet Data
Year A/P | 2016 Actual | 2017 Projected | 2018 Projected | 2019 Actual | 2020 Actual | 2021 Actual | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Total Cash | 4.11 | - | - | - | - | - | - | - | - | - | - |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | |||||||||||
| Account Receivables | - | - | - | - | - | - | - | - | - | - | - |
| Account Receivables (%) | |||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | |||||||||||
| Accounts Payable | 4.11 | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable (%) | |||||||||||
| Capital Expenditure | -1.15 | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) |
Weighted Average Cost Of Capital
| Share price | $ 0.127 |
|---|---|
| Beta | 0.921 |
| Diluted Shares Outstanding | 135.44 |
| Cost of Debt | |
| Tax Rate | -5.84 |
| After-tax Cost of Debt | 2.54% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 7.189 |
| Total Debt | 0.79 |
| Total Equity | 17.20 |
| Total Capital | 17.99 |
| Debt Weighting | 4.38 |
| Equity Weighting | 95.62 |
| Wacc |
Build Up Free Cash
Year A/P | 2016 Actual | 2017 Projected | 2018 Projected | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected | 2025 Projected | 2026 Projected |
| Revenue | 20.57 | - | - | - | - | - | - | - | - | - | - |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 3.57 | - | - | - | - | - | - | - | - | - | - |
| EBIT | 1.39 | - | - | - | - | - | - | - | - | - | - |
| Tax Rate | 13.60% | -1.73% | -34.49% | 20.90% | -2.82% | -5.84% | -1.73% | -1.73% | -1.73% | -1.73% | -1.73% |
| EBIAT | 1.20 | - | - | - | - | - | - | - | - | - | - |
| Depreciation | 2.18 | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - | - |
| Inventories | - | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure | -1.15 | - | -6.81 | -1.86 | -2.36 | -2.05 | - | - | - | - | - |
| UFCF | 2.23 | - | - | - | - | - | - | - | - | - | - |
| WACC | |||||||||||
| PV UFCF | - | - | - | - | - | - | - | - | - | - | |
| SUM PV UFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 6.99 |
| Free cash flow (t + 1) | - |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -0.26 |
| Equity Value | - |
| Shares Outstanding | 135.44 |
| Equity Value Per Share | - |