Discounted Cash Flow (DCF) Analysis Unlevered

Del Taco Restaurants Inc

Del Taco Restaurants Inc (TACO)

$7.84
-0.285 (-3.51%)

Operating Data

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Projected
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
2013
Actual
2014
Actual
2015
Actual
2016
Projected
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 $ 7.84
Beta 1.982
Diluted Shares Outstanding 37,023.29
Cost of Debt
Tax Rate -3.84
After-tax Cost of Debt 5.00%
Risk-Free Rate
Market Risk Premium
Cost of Equity 18.239
Total Debt 144.80
Total Equity 290,262.57
Total Capital 290,407.37
Debt Weighting 0.05
Equity Weighting 99.95
Wacc

Build Up Free Cash

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Projected
2017
Projected
2018
Projected
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
2024
Projected
Revenue ------------
EBITDA ------------
EBIT ------------
Tax Rate 0.00%-0.59%15.19%1.10%42.30%-46.48%-3.84%1.10%1.10%1.10%1.10%1.10%
EBIAT ------------
Depreciation ------------
Accounts Receivable ------------
Inventories ------------
Accounts Payable ------------
Capital Expenditure ---34.51--47.19-51.66-45.73-----
UFCF ------------
WACC
PV UFCF ---------
SUM PV UFCF -

Terminal Value

Growth in perpetuity method:
Long-term growth rate
WACC (%) 18.23
Free cash flow (t + 1) -
Terminal Value -
Present Value of Terminal Value -

Intrinsic Value

Enterprise Value -
Net Debt 143.38
Equity Value -
Shares Outstanding 37,023.29
Equity Value Per Share -