Discounted Cash Flow (DCF) Analysis Unlevered

Platinum Group Metals Ltd. (PTM.TO)

$2.41

+0.07 (+2.99%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 2.41 | undervalue

Operating Data

Year
A/P
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue ----------
Revenue (%)
EBITDA ----------
EBITDA (%)
EBIT ----------
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 ----------
Total Cash (%)
Account Receivables ----------
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable ----------
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 2.41
Beta 1.419
Diluted Shares Outstanding 61.54
Cost of Debt
Tax Rate -0.42
After-tax Cost of Debt 18.14%
Risk-Free Rate
Market Risk Premium
Cost of Equity 10.390
Total Debt 27.93
Total Equity 148.30
Total Capital 176.24
Debt Weighting 15.85
Equity Weighting 84.15
Wacc

Build Up Free Cash

Year
A/P
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue ----------
EBITDA ----------
EBIT ----------
Tax Rate 7.86%5.71%-0.64%-1.02%-0.42%2.30%2.30%2.30%2.30%2.30%
EBIAT ----------
Depreciation ----------
Accounts Receivable ----------
Inventories ----------
Accounts Payable ----------
Capital Expenditure -134.49----2.42-----
UFCF ----------
WACC
PV UFCF ----------
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 11.62
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 21.88
Equity Value -
Shares Outstanding 61.54
Equity Value Per Share -