Corpus Intelligence DCF — ATHENS LIMESTONE 2026-04-26 02:07 UTC
DCF — ATHENS LIMESTONE
Enterprise Value: $-78.6M
🛡️ Public data only — no PHI permitted on this instance.
$-78.6M
Enterprise Value
$-26.3M
PV of Cash Flows
$-52.3M
PV of Terminal Value
$-84.2M
Terminal Value
10.0%
WACC
2.5%
Terminal Growth

Cash Flow Projections

PROJ
YearRevenueEBITDAMarginFCFPV(FCF)
Year 1$91.5M$-4.1M-5.0%$-8.0M$-7.3M
Year 2$94.3M$-3.3M-4.0%$-7.3M$-6.0M
Year 3$97.1M$-2.4M-3.0%$-6.5M$-4.9M
Year 4$100.0M$-2.0M-2.0%$-6.2M$-4.3M
Year 5$103.0M$-1.8M-2.0%$-6.2M$-3.8M

Interpretation

INT

At a WACC of 10.0% and terminal growth of 2.5%, enterprise value is $-78.6M. Terminal value accounts for 0% of total EV — consider sensitivity to terminal assumptions.

Next steps: Check the LBO model to see equity returns at this entry price, or the EBITDA bridge to model value creation levers.

Assumptions

ASSM
revenue base$88.9M
revenue growth rates[0.03, 0.03, 0.03, 0.03, 0.03]
ebitda margin base-0.05000000450082822
ebitda margin improvement bps[50, 100, 100, 50, 25]
capex pct revenue0.04
nwc pct revenue0.08
tax rate0.25
projection years5