Free Cash Flow Build Up
Taoping Inc (TAOP)
$3.08
0.07 (+2.33%)
Year A/P | 2013 Actual | 2014 Actual | 2015 Actual | 2016 Actual | 2017 Actual | 2018 Actual | 2019 Actual | 2020 Projected | 2021 Projected | 2022 Projected | 2023 Projected | 2024 Projected |
| Revenue | 76.10 | 38.63 | 10.28 | 10.19 | 18.19 | 20.58 | 13.79 | 12.30 | 10.97 | 9.78 | 8.72 | 7.78 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| EBITDA | 5,446.82 | 6,562.77 | 3,116.12 | -15.98 | 2.21 | 488.57 | -1.32 | 995.59 | 887.89 | 791.84 | 706.18 | 629.78 |
| EBIT | 5,436.22 | 6,559.72 | 3,113.58 | -18.56 | -0.65 | 484.89 | -4.22 | 993.36 | 885.90 | 790.07 | 704.60 | 628.38 |
| Tax Rate | 0.91% | -0.48% | -70.95% | 1.60% | 755.28% | -149.72% | 7.40% | 77.72% | 77.72% | 77.72% | 77.72% | 77.72% |
| EBIAT | 5,386.51 | 6,591.29 | 5,322.67 | -18.26 | 4.26 | 1,210.86 | -3.91 | 221.31 | 197.37 | 176.02 | 156.98 | 139.99 |
| Depreciation | 10.60 | 3.05 | 2.54 | 2.58 | 2.86 | 3.67 | 2.90 | 2.22 | 1.98 | 1.77 | 1.58 | 1.41 |
| Accounts Receivable | - | 24.38 | 2.61 | 2.45 | -8.52 | -8.45 | 5.10 | 7.66 | 0.81 | 0.72 | 0.64 | 0.57 |
| Inventories | - | 11.74 | 1.82 | 0.66 | 0.85 | -0.06 | 0.39 | -1.02 | 0.14 | 0.13 | 0.11 | 0.10 |
| Accounts Payable | - | -12.13 | -24.91 | -2.27 | 0.85 | 4.92 | 0.89 | -4.37 | -0.90 | -0.80 | -0.71 | -0.64 |
| Capital Expenditure | -2.04 | -0.53 | -3.00 | -3.46 | -3.78 | -1.80 | -1.62 | -1.91 | -1.70 | -1.52 | -1.35 | -1.21 |
| UFCF | 5,395.07 | 6,617.81 | 5,301.73 | -18.30 | -3.48 | 1,209.14 | 3.75 | 223.89 | 197.70 | 176.32 | 157.24 | 140.23 |
| WACC | ||||||||||||
| PV UFCF | 207.10 | 169.15 | 139.54 | 115.11 | 94.95 | |||||||
| SUM PV UFCF | 725.85 |