Discounted Cash Flow (DCF) Analysis Unlevered

Mulvihill S Split Corp. (SBN.TO)

$2.67

-0.14 (-4.98%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 2.67 | undervalue

Operating Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 2.11-2.271.46-0.733.36-5.699.65-16.3827.78-47.12
Revenue (%)
EBITDA 1.82-2.551.19-0.963.07-5.729.70-16.4627.91-47.35
EBITDA (%)
EBIT ------5.729.70-16.4627.91-47.35
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 0.030.530.090.030.320.11-0.190.32-0.550.92
Total Cash (%)
Account Receivables 0.180.180-00.01-0.020.03-0.050.08-0.14
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable ----0.01-0.020.04-0.060.11-0.19
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 2.67
Beta 3.082
Diluted Shares Outstanding 31.47
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 18.295
Total Debt -
Total Equity 84.02
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Actual
2022
Projected
2023
Projected
2024
Projected
2025
Projected
2026
Projected
Revenue 2.11-2.271.46-0.733.36-5.699.65-16.3827.78-47.12
EBITDA 1.82-2.551.19-0.963.07-5.729.70-16.4627.91-47.35
EBIT ------5.729.70-16.4627.91-47.35
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT ------5.729.70-16.4627.91-47.35
Depreciation ----------
Accounts Receivable -00.180.01-0.010.03-0.050.08-0.130.22
Inventories ----------
Accounts Payable ------0.040.06-0.100.17-0.30
Capital Expenditure ----------
UFCF ------5.739.72-16.4827.96-47.42
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -48.37
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.32
Equity Value -
Shares Outstanding 31.47
Equity Value Per Share -