Discounted Cash Flow (DCF) Analysis Unlevered
Yatra Capital Limited (YATRA.AS)
2.38 €
0.00 (0.00%)
All numbers are in Millions, Currency in USD
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 | 4.56 | -8.97 | 0.71 | -0.05 | 0.11 | -0.12 | 0.14 | -0.16 | 0.18 | -0.20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| EBITDA | 3.95 | -9.74 | 0.48 | -0.26 | -0.08 | -0.19 | 0.22 | -0.25 | 0.28 | -0.31 |
| EBITDA (%) | ||||||||||
| EBIT | - | - | - | - | - | -0.19 | 0.22 | -0.25 | 0.28 | -0.31 |
| 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 | 28.62 | 0.35 | 2.04 | 9.09 | 0.96 | 4.54 | -5.14 | 5.82 | -6.60 | 7.47 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Cash (%) | ||||||||||
| Account Receivables | 0.02 | -0.03 | 0 | -0 | 0 | -0 | 0 | -0 | 0 | -0 |
| Account Receivables (%) | ||||||||||
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Inventories (%) | ||||||||||
| Accounts Payable | 0.11 | -0.21 | 0.02 | -0 | 0 | -0 | 0 | -0 | 0 | -0 |
| Accounts Payable (%) | ||||||||||
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| Capital Expenditure (%) |
Weighted Average Cost Of Capital
| Share price | $ 2.38 |
|---|---|
| Beta | 0.000 |
| Diluted Shares Outstanding | 2.09 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | -% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 3.714 |
| Total Debt | - |
| Total Equity | 4.97 |
| 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 | 4.56 | -8.97 | 0.71 | -0.05 | 0.11 | -0.12 | 0.14 | -0.16 | 0.18 | -0.20 |
|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 3.95 | -9.74 | 0.48 | -0.26 | -0.08 | -0.19 | 0.22 | -0.25 | 0.28 | -0.31 |
| EBIT | - | - | - | - | - | -0.19 | 0.22 | -0.25 | 0.28 | -0.31 |
| Tax Rate | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| EBIAT | - | - | - | - | - | -0.19 | 0.22 | -0.25 | 0.28 | -0.31 |
| Depreciation | - | - | - | - | - | - | - | - | - | - |
| Accounts Receivable | - | 0.05 | -0.04 | 0 | -0 | 0 | -0 | 0 | -0 | 0 |
| Inventories | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | -0.32 | 0.23 | -0.02 | 0 | -0.01 | 0.01 | -0.01 | 0.01 | -0.01 |
| Capital Expenditure | - | - | - | - | - | - | - | - | - | - |
| UFCF | - | - | - | - | - | -0.20 | 0.22 | -0.25 | 0.28 | -0.32 |
| WACC | ||||||||||
| PV UFCF | - | - | - | - | - | |||||
| SUM PV UFCF | - |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | - |
| Free cash flow (t + 1) | -0.33 |
| Terminal Value | - |
| Present Value of Terminal Value | - |
Intrinsic Value
| Enterprise Value | - |
|---|---|
| Net Debt | -0.96 |
| Equity Value | - |
| Shares Outstanding | 2.09 |
| Equity Value Per Share | - |