Discounted Cash Flow (DCF) Analysis Unlevered

Special Opportunities Fund, Inc. (SPE)

$12.16

+0.18 (+1.50%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 12.16 | undervalue

Operating Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 23.70-9.7629.9612.92-13.1413.35-13.5713.80-14.02
Revenue (%)
EBITDA 22.95-10.5029.2312.16-13.0113.22-13.4413.66-13.88
EBITDA (%)
EBIT -----13.0113.22-13.4413.66-13.88
EBIT (%)
Depreciation ---------
Depreciation (%)

Balance Sheet Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Total Cash -0.02-0.06-0.030.03-0.030.03-0.030.03
Total Cash (%)
Account Receivables 1.091.790.722.20-0.190.19-0.190.19-0.20
Account Receivables (%)
Inventories ---------
Inventories (%)
Accounts Payable 0.201.032.450.130.02-0.020.02-0.020.02
Accounts Payable (%)
Capital Expenditure ---------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 12.16
Beta 1.062
Diluted Shares Outstanding 7.93
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.585
Total Debt -
Total Equity 96.45
Total Capital -
Debt Weighting -
Equity Weighting -
Wacc

Build Up Free Cash

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 23.70-9.7629.9612.92-13.1413.35-13.5713.80-14.02
EBITDA 22.95-10.5029.2312.16-13.0113.22-13.4413.66-13.88
EBIT -----13.0113.22-13.4413.66-13.88
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT -----13.0113.22-13.4413.66-13.88
Depreciation ---------
Accounts Receivable --0.711.08-1.492.39-0.370.38-0.390.39
Inventories ---------
Accounts Payable -0.831.41-2.32-0.11-0.040.04-0.040.04
Capital Expenditure ---------
UFCF -----10.7312.81-13.0213.23-13.45
WACC
PV UFCF -10.73----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -13.72
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -
Equity Value -
Shares Outstanding 7.93
Equity Value Per Share -