Discounted Cash Flow (DCF) Analysis Unlevered

KBL Merger Corp IV (KBLMU)

$ 8.38
-3.18 (-27.51%)

Operating Data

Year
A/P
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Revenue --------
Revenue (%)
EBITDA --------
EBITDA (%)
EBIT --------
EBIT (%)
Depreciation --------
Depreciation (%)

Balance Sheet Data

Year
A/P
2017
Actual
2018
Actual
2019
Actual
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Total Cash --------
Total Cash (%)
Account Receivables --------
Account Receivables (%)
Inventories --------
Inventories (%)
Accounts Payable --------
Accounts Payable (%)
Capital Expenditure --------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 8.38
Beta -0.022
Diluted Shares Outstanding 4.22
Cost of Debt
Tax Rate 155.01
After-tax Cost of Debt -2.75%
Risk-Free Rate
Market Risk Premium
Cost of Equity 2.287
Total Debt 2.07
Total Equity 35.40
Total Capital 37.46
Debt Weighting 5.52
Equity Weighting 94.48
Wacc

Build Up Free Cash

Year
A/P
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Revenue --------
EBITDA --------
EBIT --------
Tax Rate 61.22%28.42%155.01%81.55%81.55%81.55%81.55%81.55%
EBIAT --------
Depreciation --------
Accounts Receivable --------
Inventories --------
Accounts Payable --------
Capital Expenditure --------
UFCF --------
WACC
PV UFCF --------
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 2.01
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 1.52
Equity Value -
Shares Outstanding 4.22
Equity Value Per Share -