Discounted Cash Flow (DCF) Analysis Unlevered

Reviv3 Procare Company (RVIV)

$0.41

+0.05 (+13.73%)
All numbers are in Millions, Currency in USD
Stock DCF: 1.19 | 0.41 | undervalue

Operating Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 0.930.991.011.632.342.993.844.926.318.08
Revenue (%)
EBITDA -0.34-0.14-0.16-0.28-0.17-0.54-0.70-0.89-1.14-1.47
EBITDA (%)
EBIT -0.34-0.15-0.17-0.29-0.18-0.56-0.72-0.92-1.18-1.51
EBIT (%)
Depreciation 00.010.010.010.010.020.020.030.040.05
Depreciation (%)

Balance Sheet Data

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Total Cash 0.230.350.410.500.370.871.121.441.842.36
Total Cash (%)
Account Receivables 0.030.080.180.090.110.240.300.390.500.64
Account Receivables (%)
Inventories 0.320.260.290.450.320.781.011.291.652.12
Inventories (%)
Accounts Payable 0.080.010.100.440.440.390.500.640.821.05
Accounts Payable (%)
Capital Expenditure -0-0.01-0.01-0.02-0.02-0.03-0.04-0.05-0.06-0.08
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 0.41
Beta -1.127
Diluted Shares Outstanding 41.95
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt 3.13%
Risk-Free Rate
Market Risk Premium
Cost of Equity -1.813
Total Debt 0.21
Total Equity 17.20
Total Capital 17.41
Debt Weighting 1.20
Equity Weighting 98.80
Wacc

Build Up Free Cash

Year
A/P
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Actual
2023
Projected
2024
Projected
2025
Projected
2026
Projected
2027
Projected
Revenue 0.930.991.011.632.342.993.844.926.318.08
EBITDA -0.34-0.14-0.16-0.28-0.17-0.54-0.70-0.89-1.14-1.47
EBIT -0.34-0.15-0.17-0.29-0.18-0.56-0.72-0.92-1.18-1.51
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT -0.34-0.15-0.17-0.29-0.18-0.56-0.72-0.92-1.18-1.51
Depreciation 00.010.010.010.010.020.020.030.040.05
Accounts Receivable --0.05-0.100.09-0.02-0.13-0.07-0.09-0.11-0.14
Inventories -0.06-0.02-0.160.13-0.46-0.22-0.28-0.36-0.47
Accounts Payable --0.070.080.34-0-0.050.110.140.180.23
Capital Expenditure -0-0.01-0.01-0.02-0.02-0.03-0.04-0.05-0.06-0.08
UFCF -0.34-0.22-0.21-0.03-0.08-1.21-0.91-1.17-1.50-1.92
WACC
PV UFCF -1.23-0.94-1.23-1.60-2.09
SUM PV UFCF -7.10

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -1.75
Free cash flow (t + 1) -1.95
Terminal Value 52.13
Present Value of Terminal Value 56.94

Intrinsic Value

Enterprise Value 49.84
Net Debt -0.16
Equity Value 50.01
Shares Outstanding 41.95
Equity Value Per Share 1.19