Chapter 03 template

Chapter 03 template - Total liabilities and equity Year 1 2...

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CHAPTER 3 TEMPLATE--JUST TO SAVE YOU SOME TYPING Sales growth Current assets/Sales Current liabilities/Sales Net fixed assets/Sales Costs of goods sold/Sales Depreciation rate Interest rate on debt Interest paid on cash & marketable securities Tax rate Dividend payout ratio Year 0 1 2 3 4 5 Income statement Sales Costs of goods sold Interest payments on debt Interest earned on cash & marketable securities Depreciation Profit before tax Taxes Profit after tax Dividends Retained earnings Balance sheet Cash and marketable securities Current assets Fixed assets Fixed assets at cost Accumulate depreciation Net fixed assets Total assets Current liabilities Debt Stock Accumulated retained earnings
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Unformatted text preview: Total liabilities and equity Year 1 2 3 4 5 Free Cash Flow PAT Add back depreciation Minus NWC Minus increase in CA Add back increase in CL Add back net interest after taxes Subtract CAPEX Free Cash Flow WACC Long-term FCF growth Year 1 2 3 4 5 FCF Terminal value Total Add back initial cash Asset value Subtract year 0 debt Imputed equity value Enterprise value: PV of FCFs and terminal A B C D E F G 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67...
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