Discounted Cash Flow (DCF) Analysis Unlevered

Tri-Continental Corporation (TY)

$27.69

-0.46 (-1.63%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 27.69 | 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 282.16-72.27342.46198.99436.67-242.29134.44-74.6041.39-22.97
Revenue (%)
EBITDA 280.96-73.45341.30197.96435.70-242.36134.48-74.6241.40-22.97
EBITDA (%)
EBIT ---197.96435.70-242.36134.48-74.6241.40-22.97
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 ---0.120.27-0.150.08-0.050.03-0.01
Total Cash (%)
Account Receivables 9.7912.708.879.818.322.27-1.260.70-0.390.21
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 0.474.062.191.092.121.83-1.020.56-0.310.17
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 27.69
Beta 0.954
Diluted Shares Outstanding 52.18
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 8.102
Total Debt -
Total Equity 1,444.86
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 282.16-72.27342.46198.99436.67-242.29134.44-74.6041.39-22.97
EBITDA 280.96-73.45341.30197.96435.70-242.36134.48-74.6241.40-22.97
EBIT ---197.96435.70-242.36134.48-74.6241.40-22.97
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT ---197.96435.70-242.36134.48-74.6241.40-22.97
Depreciation ----------
Accounts Receivable --2.913.83-0.941.496.063.53-1.961.09-0.60
Inventories ----------
Accounts Payable -3.59-1.87-1.091.03-0.29-2.851.58-0.880.49
Capital Expenditure ----------
UFCF ---195.92438.22-236.59135.16-74.9941.61-23.09
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -23.55
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -
Equity Value -
Shares Outstanding 52.18
Equity Value Per Share -