Discounted Cash Flow (DCF) Analysis Unlevered

TDb Split Corp. (XTD.TO)

$4.6

-0.04 (-0.86%)
All numbers are in Millions, Currency in USD
Stock DCF: - | 4.6 | 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 8.482.073.82-13.9318.49-13.369.65-6.975.03-3.63
Revenue (%)
EBITDA 8.161.723.49-15.1418.09-12.759.21-6.654.80-3.47
EBITDA (%)
EBIT ------12.759.21-6.654.80-3.47
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 2.493.055.1913.371.98-6.074.39-3.172.29-1.65
Total Cash (%)
Account Receivables 00000-0.010-00-0
Account Receivables (%)
Inventories ----------
Inventories (%)
Accounts Payable 0.320.320.320.220.68-0.790.57-0.410.30-0.21
Accounts Payable (%)
Capital Expenditure ----------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 4.6
Beta 2.178
Diluted Shares Outstanding 4.89
Cost of Debt
Tax Rate 0.00
After-tax Cost of Debt -%
Risk-Free Rate
Market Risk Premium
Cost of Equity 14.160
Total Debt -
Total Equity 22.49
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 8.482.073.82-13.9318.49-13.369.65-6.975.03-3.63
EBITDA 8.161.723.49-15.1418.09-12.759.21-6.654.80-3.47
EBIT ------12.759.21-6.654.80-3.47
Tax Rate 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
EBIAT ------12.759.21-6.654.80-3.47
Depreciation ----------
Accounts Receivable --000-00.01-0.010.01-00
Inventories ----------
Accounts Payable --00-0.100.46-1.461.36-0.980.71-0.51
Capital Expenditure ----------
UFCF ------14.2110.55-7.625.51-3.98
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) -
Free cash flow (t + 1) -4.06
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -1.98
Equity Value -
Shares Outstanding 4.89
Equity Value Per Share -