Free cash flow to equity fcfe npat 150000000

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Free Cash Flow To Equity (FCFE) NPAT 150,000,000 + Depreciation and amortization x (1-Debt raio) 314,998,864,832 - Capital expenditure x (1-Debt ratio) (366,681,722,903) - Change in working capital x (1-Debt ratio) - FCFE (51,532,858,071) Cost of equity 19.3% PV of FCFE (51,532,858,071) FCFE valuation @ cost of equity (396,346,230,961) WA number of shares 1,29 Share price #VALUE! Economic Value Added (EVA) NOP 200,129,111,322 Tax on NOP - NOPAT 200,129,111,322 Cost of debt 4.2% Cost of equity 19.3% WACC 11.9% Capital employed 19,340,095,960 Capital charge Err:522 EVA Err:522 Value of assets in place 62,262,463 Total value Err:522 Present value Err:522 Value of equity 356,936,624,544 Number of shares in issue 1,29 Share price 119,000 Dividend Discount Model (DDM) Dividend per share (DPS) 12,000 Growth rate (g) 0.0% Discount rate (r) #DIV/0! Share price #DIV/0! Average price #DIV/0!
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2018 2019 2020 2021 Thereafter - - - - - - - - - - - - - - - - - - - - - - - - - - - - 150,000,000 150,000,000 150,000,000 150,000,000 465,989,958,260 257,657,717,884 212,201,470,828 123,399,414,293 (561,864,277,693) (328,657,826,675) (298,596,812,006) (215,543,017,782) - - - - (95,724,319,433) (70,850,108,790) (86,245,341,178) (91,993,603,489) - (95,724,319,433) (70,850,108,790) (86,245,341,178) (91,993,603,489) - 212,821,385,686 229,896,362,059 245,449,022,180 265,437,415,297 - - - - 212,821,385,686 229,896,362,059 245,449,022,180 265,437,415,297 22,241,110,354 25,577,276,907 29,413,868,443 33,825,948,709 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 Err:522 #REF! Err:522 Err:522 Err:522 Err:522 Err:522
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Cost of debt Rd 0.0528 t 0.2 kd 0.04 Cost of equity Beta 1.95 Rf 0.05 Rm 0.12 Capm 0.192595 Weight of debt 55% Weight of equity 45% Wacc 0.10990
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  • Summer '15
  • Balance Sheet, Generally Accepted Accounting Principles, DIV/0

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