Discounted Cash Flow (DCF) Analysis Unlevered

CI Canadian REIT ETF (RIT.TO)

$14.63

-0.18 (-1.22%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 14.63 | undervalue

Operating Data

Year
A/P
2013
Actual
2014
Projected
2015
Projected
2016
Projected
2017
Projected
2018
Projected
2019
Projected
Revenue 3.97------
Revenue (%)
EBITDA 2.78------
EBITDA (%)
EBIT -------
EBIT (%)
Depreciation -------
Depreciation (%)

Balance Sheet Data

Year
A/P
2013
Actual
2014
Actual
2015
Projected
2016
Projected
2017
Projected
2018
Projected
2019
Projected
Total Cash 0.65------
Total Cash (%)
Account Receivables 0.47------
Account Receivables (%)
Inventories -------
Inventories (%)
Accounts Payable 0.16------
Accounts Payable (%)
Capital Expenditure -------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 14.63
Beta 0.000
Diluted Shares Outstanding 6.54
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 4.626
Total Debt 4
Total Equity 95.63
Total Capital 99.62
Debt Weighting 4.01
Equity Weighting 95.99
Wacc

Build Up Free Cash

Year
A/P
2013
Actual
2014
Projected
2015
Projected
2016
Projected
2017
Projected
2018
Projected
2019
Projected
Revenue 3.97------
EBITDA 2.78------
EBIT -------
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%
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 (%) 4.64
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 3.32
Equity Value -
Shares Outstanding 6.54
Equity Value Per Share -