Discounted Cash Flow (DCF) Analysis Unlevered

Positive Physicians Holdings Inc

Positive Physicians Holdings Inc (PPHI)

$8
-1 (-11.11%)

Operating Data

Year
A/P
2019
Actual
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Revenue 23.70-----
Revenue (%)
EBITDA 0.90-----
EBITDA (%)
EBIT -0.23-----
EBIT (%)
Depreciation 1.12-----
Depreciation (%)

Balance Sheet Data

Year
A/P
2019
Actual
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Total Cash ------
Total Cash (%)
Account Receivables ------
Account Receivables (%)
Inventories ------
Inventories (%)
Accounts Payable 5.01-----
Accounts Payable (%)
Capital Expenditure ------
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 8
Beta 0.000
Diluted Shares Outstanding 3.62
Cost of Debt
Tax Rate -3.01
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 2.460
Total Debt 0.06
Total Equity 28.92
Total Capital 28.99
Debt Weighting 0.22
Equity Weighting 99.78
Wacc

Build Up Free Cash

Year
A/P
2019
Actual
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Revenue 23.70-----
EBITDA 0.90-----
EBIT -0.23-----
Tax Rate -3.01%-3.01%-3.01%-3.01%-3.01%-3.01%
EBIAT -0.24-----
Depreciation 1.12-----
Accounts Receivable ------
Inventories ------
Accounts Payable ------
Capital Expenditure ------
UFCF 0.89-----
WACC
PV UFCF -----
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 2.47
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt -20.92
Equity Value -
Shares Outstanding 3.62
Equity Value Per Share -