Loading...

Free Cash Flow Build Up

Facebook Inc.

Facebook Inc. (FB)

Technology

Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Projected
2020
Projected
2021
Projected
2022
Projected
2023
Projected
Revenue 7,872.0012,466.1017,928.7427,638.9540,654.1355,838.4582,730.25122,573.14181,604.37269,065.03398,646.75
EBITDA 3,814.776,236.798,170.1314,770.2623,229.7729,225.8542,324.8062,708.4292,908.79137,653.67203,947.68
EBIT 2,804.014,993.926,224.8612,429.2420,205.1024,909.5334,424.0651,002.6875,565.58111,957.96165,876.91
Tax Rate 45.53%40.12%40.46%18.38%22.63%12.81%29.99%29.99%29.99%29.99%29.99%
EBIAT 1,527.242,990.253,706.3710,144.5515,633.1021,718.3724,100.5735,707.4152,904.0978,382.71116,131.82
Depreciation 1,010.761,242.871,945.272,341.023,024.674,316.317,900.7411,705.7317,343.2225,695.7138,070.76
Accounts Receivable --568.77-880.49-1,435.40-1,840.04-1,754.58-4,018.61-5,589.96-8,282.08-12,270.73-18,180.31
Inventories -----------
Accounts Payable -88.3919.65105.8476.82442.74155.39470.15696.571,032.041,529.06
Capital Expenditure --469.41-691.30-1,968.76-2,240.99-7,182.62-397.39-6,892.82-10,212.40-15,130.69-22,417.64
UFCF 2,538.003,283.334,099.509,187.2614,653.5617,540.2327,740.7035,400.5152,449.4077,709.03115,133.69
WACC
PV UFCF 27,740.7035,400.5152,449.4077,709.03115,133.69
SUM PV UFCF 359,735.20