Free Cash Flow Build Up

Markel Corp (MKL)

$ 1185.02
3.13 (+0.26%)
Year
A/P
2013
Actual
2014
Actual
2015
Actual
2016
Actual
2017
Actual
2018
Actual
2019
Actual
2020
Actual
2021
Projected
2022
Projected
2023
Projected
2024
Projected
2025
Projected
Revenue 4,323.085,133.675,369.985,612.036,061.666,947.889,523.939,643.6410,867.3712,246.3913,800.3915,551.6017,525.02
EBITDA -------1,433.201,615.061,820.012,050.962,311.212,604.50
EBIT -190.07-203.58-200.99-194.15-203.87-227.85-269.241,126.131,231.741,388.051,564.181,762.671,986.34
Tax Rate 22.31%27.07%21.47%27.66%-352.80%-1,531.83%21.67%18.43%-218.25%-218.25%-218.25%-218.25%-218.25%
EBIAT -147.65-148.48-157.83-140.45-923.12-3,718.05-210.89918.543,920.044,417.474,978.025,609.716,321.55
Depreciation 190.07203.58200.99194.15203.87227.85269.24307.07383.32431.96486.78548.55618.15
Accounts Receivable --7.90-74.40-133-2,999.36-601.63-366.04-639.03-403.09-1,056.10-1,190.12-1,341.14-1,511.32
Inventories ---------52.35-58.99-66.48-74.92-84.42
Accounts Payable --5.1296.79-3.312,705.37455.72260.77569.99-29.77786.79886.64999.141,125.93
Capital Expenditure -47.73-82.13-79.75-63.67-74.65-106.59-123.38-101.30-141.75-159.74-180.01-202.86-228.60
UFCF -5.31-40.05-14.21-146.28-1,087.89-3,742.71-170.301,055.273,676.394,361.394,914.835,538.496,241.30
WACC
PV UFCF 3,200.933,543.283,725.763,917.654,119.42
SUM PV UFCF 19,833.99