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DCF Val

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Shiban shaikh
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13 views

DCF Val

Uploaded by

Shiban shaikh
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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Name of the company : Sagar Industries

Name of the Model : DCF (FCFF)

Particulars 1 2
EBIT 29,800 71,980
NOPAT(EBIT(1-T)) 20,860 50,386
Add: Deprecition 43,200 38,520
Less:Capex 8,000 12,000
Less:Invest in working cap 4,600 14,592
FCFF 51,460 62,314
(X) Ko 0.8911 0.7941
PV of FCFF 45,856 49,481
VF for Explicit Period
Terminal Value
(x) Ko
Pv of Tv
Enterprise Value
Less: Value of Debt
Value of Equity
(/) No of equity shares
Intrinsic Value (TMP)
3 4 5 6 Ko ussing WACC
19,758 103,644 200,298 151,553 Ke
13,831 72,551 140,208 106,087 Kd
37,242 37,356 39,702 39,447 Tax Rate
30,000 38,000 53,000 38,000 We
-9,416 23,576 29,567 -14,442 Wd
30,489 48,331 97,344 121,976 Ko (Ke*We)+(Kd*
0.7076 0.6305 0.5619 0.5007 Growth Rate
21,573 30,474 54,694 61,070
263,147.6
1773626.6905
0.501
888586.97196

120000
15%
8%
30%
57.89%
42.11%
12.22%
5%
Name of the company : Sagar Industries
Name of the Model : DCF (FCFF)

Particulars 1 2
Sales 150,000 225,000
Less: VC 45,000 67,500
% of Sales 30% 30%
Less: FC 24,000 24,000
Less:Adv exp 8,000 23,000
EBITDA 73,000 110,500
Less: Depreciation 43,200 38,520
EBIT 29,800 71,980
3 4 5 6
180,000 300,000 450,000 380,000
54,000 90,000 135,000 114,000
30% 30% 30% 30%
24,000 24,000 30,000 30,000
45,000 45,000 45,000 45,000
57,000 141,000 240,000 191,000
37,242 37,356 39,702 39,447
19,758 103,644 200,298 151,553
Name of the company : Sagar Industries
Name of the Model : DCF (FCFF)

Particulars 1 2
Opening Net Block 280,000 244,800
Add: Capex 8,000 12,000
Total Net Block 288,000 256,800
Less:Depreciation 15% 43,200 38,520
Closing Net Block 244,800 218,280
3 4 5 6
218,280 211,038 211,682 224,980
30,000 38,000 53,000 38,000
248,280 249,038 264,682 262,980
37,242 37,356 39,702 39,447
211,038 211,682 224,980 223,533
Name of the company : Sagar Industries
Name of the Model : DCF (FCFF)

Particulars 1 2
Current Assets 25,000 30,000 45,000
% of sales 20% 20%
Less:Current Liablities 20,000 20,400 20,808
YOY Growth 2% 2%
W cap Required 5,000 9,600 24,192
Less W cap released 5,000 9,600
Investment in working capital 4,600 14,592
3 4 5 6
36,000 60,000 90,000 76,000
20% 20% 20% 20%
21,224 21,649 22,082 22,523
2% 2% 2% 2%
14,776 38,351 67,918 53,477
24,192 14,776 38,351 67,918
(9,416) 23,576 29,567 (14,442)
Assumptions is blue colour
to freeze use function and F4

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