Discounted Cash Flow (DCF) Analysis Unlevered

Sprott Physical Platinum and Pallad... (SPPP)

$14.31

-0.28 (-1.92%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 14.31 | 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 34.817.0638.8324.29-30.85-39.03-49.39-62.49-79.06-100.03
Revenue (%)
EBITDA 34.306.5237.7723.40-31.64-38.04-48.12-60.89-77.04-97.47
EBITDA (%)
EBIT ------38.04-48.12-60.89-77.04-97.47
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 0.010.090.271.160.89-0.31-0.39-0.50-0.63-0.79
Total Cash (%)
Account Receivables ----------
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 0.220.220.350.240.27-0.37-0.47-0.59-0.75-0.95
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 14.31
Beta 0.367
Diluted Shares Outstanding 6.98
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 4.625
Total Debt -
Total Equity 99.83
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 34.817.0638.8324.29-30.85-39.03-49.39-62.49-79.06-100.03
EBITDA 34.306.5237.7723.40-31.64-38.04-48.12-60.89-77.04-97.47
EBIT ------38.04-48.12-60.89-77.04-97.47
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT ------38.04-48.12-60.89-77.04-97.47
Depreciation ----------
Accounts Receivable ----------
Inventories ----------
Accounts Payable -00.13-0.110.03-0.64-0.10-0.12-0.16-0.20
Capital Expenditure ----------
UFCF ------38.67-48.22-61.01-77.20-97.67
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -99.62
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -0.89
Equity Value -
Shares Outstanding 6.98
Equity Value Per Share -