Loading...

Discounted Cash Flow (DCF) Analysis Unlevered


RSP Permian Inc.

RSP Permian Inc. (RSPP)

Energy

Operating Data

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Revenue 123.00282.00284.00354.01804.031,370.392,335.693,980.956,785.1411,564.5919,710.69
Revenue (%)
EBITDA 117.00262.01167.99204.02477.03998.051,701.082,899.334,941.628,422.4914,355.29
EBITDA (%)
EBIT 70.00174.0014.0010.02197.07413.58704.911,201.452,047.753,490.195,948.69
EBIT (%)
Depreciation 47.0088.01153.99194.00279.96584.47996.171,697.882,893.864,932.308,406.61
Depreciation (%)

Balance Sheet Data

Year
A/P
2013
Projected
2014
Projected
2015
Projected
2016
Projected
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Total Cash -----------
Total Cash (%)
Account Receivables 33.0034.0128.0073.99111.04228.72389.83664.421,132.441,930.133,289.71
Account Receivables (%)
Inventories -----------
Inventories (%)
Accounts Payable 19.0036.0115.9913.9827.02112.78192.23327.63558.42951.771,622.19
Accounts Payable (%)
Capital Expenditure -235.00-816.00-873.00-963.02-1,516.96-3,421.86-5,832.22-9,940.44-16,942.49-28,876.78-49,217.58
Capital Expenditure (%)

Weighted Average Cost Of Capital

Share price $ 47.93
Diluted Shares Outstanding 156.00
Cost of Debt
Tax Rate -
After-tax Cost of Debt -
Risk-Free Rate
Market Risk Premium
Cost of Equity 15.40
Total Debt 1,509.00
Total Equity 7,477.08
Total Capital 8,986.08
Debt Weighting 16.79
Equity Weighting 83.21
Wacc

Build Up Free Cash

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Revenue 123.00282.00284.00354.01804.031,370.392,335.693,980.956,785.1411,564.5919,710.69
EBITDA 117.00262.01167.99204.02477.03998.051,701.082,899.334,941.628,422.4914,355.29
EBIT 70.00174.0014.0010.02197.07413.58704.911,201.452,047.753,490.195,948.69
Tax Rate -----------
EBIAT -----------
Depreciation 47.0088.01153.99194.00279.96584.47996.171,697.882,893.864,932.308,406.61
Accounts Receivable --1.016.01-45.99-37.05-117.68-161.11-274.59-468.02-797.69-1,359.58
Inventories -----------
Accounts Payable -17.01-20.02-2.0113.0385.7779.44135.41230.78393.35670.42
Capital Expenditure -581.0057.0090.02553.951,904.902,410.364,108.227,002.0511,934.2920,340.80
UFCF -----------
WACC
PV UFCF ------
SUM PV UFCF -

Terminal Value

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

Intrinsic Value

Enterprise Value -
Net Debt 1,509.00
Equity Value -
Shares Outstanding 156.00
Equity Value Per Share -