Discounted Cash Flow (DCF) Analysis Levered
Revolution Lighting Technologies In... (RVLT)
$0.11
0 (0.00%)
Free Cash Flow
Year A/P | 2013 Actual | 2014 Actual | 2015 Actual | 2016 Actual | 2017 Actual | 2018 Projected | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected |
| Revenue | 26.06 | 76.84 | 129.66 | 172.12 | 152.31 | 260.77 | 446.47 | 764.39 | 1,308.70 | 2,240.62 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (%) | ||||||||||
| Operating Cash Flow | -8.15 | -14.30 | -16.69 | -6.20 | -7.00 | -37.00 | -63.35 | -108.46 | -185.69 | -317.92 |
| Operating Cash Flow (%) | ||||||||||
| Capital Expenditure | -0.14 | -0.49 | -0.46 | -0.56 | -1.06 | -1.32 | -2.26 | -3.86 | -6.61 | -11.32 |
| Capital Expenditure (%) | ||||||||||
| Free Cash Flow | -8.28 | -14.79 | -17.15 | -6.76 | -8.06 | -38.32 | -65.61 | -112.32 | -192.31 | -329.25 |
Weighted Average Cost Of Capital
| Share price | $ 0.11 |
|---|---|
| Beta | 0.910 |
| Diluted Shares Outstanding | 20.85 |
| Cost of Debt | |
| Tax Rate | 0.00 |
| After-tax Cost of Debt | 5.00% |
| Risk-Free Rate | |
| Market Risk Premium | |
| Cost of Equity | 9.706 |
| Total Debt | 53.42 |
| Total Equity | 2.29 |
| Total Capital | 55.71 |
| Debt Weighting | 95.88 |
| Equity Weighting | 4.12 |
| Wacc |
Build Up Free Cash Flow
Year A/P | 2013 Actual | 2014 Actual | 2015 Actual | 2016 Actual | 2017 Actual | 2018 Projected | 2019 Projected | 2020 Projected | 2021 Projected | 2022 Projected |
| Revenue | 26.06 | 76.84 | 129.66 | 172.12 | 152.31 | 260.77 | 446.47 | 764.39 | 1,308.70 | 2,240.62 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -8.15 | -14.30 | -16.69 | -6.20 | -7.00 | -37.00 | -63.35 | -108.46 | -185.69 | -317.92 |
| Capital Expenditure | -0.14 | -0.49 | -0.46 | -0.56 | -1.06 | -1.32 | -2.26 | -3.86 | -6.61 | -11.32 |
| Free Cash Flow | -8.28 | -14.79 | -17.15 | -6.76 | -8.06 | -38.32 | -65.61 | -112.32 | -192.31 | -329.25 |
| WACC | ||||||||||
| PV LFCF | -40.31 | -65.61 | -106.78 | -173.80 | -282.88 | |||||
| SUM PV LFCF | -604.95 |
Terminal Value
| Growth in perpetuity method: | |
|---|---|
| Long-term growth rate | |
| WACC (%) | 5.19 |
| Free cash flow (t + 1) | -342.42 |
| Terminal Value | -28,774.55 |
| Present Value of Terminal Value | -22,342.73 |
Intrinsic Value
| Enterprise Value | -22,947.68 |
|---|---|
| Net Debt | 52.47 |
| Equity Value | -23,000.15 |
| Shares Outstanding | 20.85 |
| Equity Value Per Share | -1,103.28 |