DCF — SHEPHERD CENTER
Enterprise Value: $-225.5M
🛡️ Public data only — no PHI permitted on this instance.
← DashboardPRFProfileMEMIC MemoBRGBridgeCIComp IntelSCNScenariosAIMLDCFDCFLBOLBOFIN3-StmtMKTMarketDENDenialRETReturnsLVRLeversWFLWaterfallPLYPlaybookTRDTrendsPREDPredictedMEM2Memo
$-225.5M
Enterprise Value
$-75.4M
PV of Cash Flows
$-150.0M
PV of Terminal Value
$-241.6M
Terminal Value
10.0%
WACC
2.5%
Terminal Growth
Cash Flow Projections
PROJ| Year | Revenue | EBITDA | Margin | FCF | PV(FCF) |
|---|---|---|---|---|---|
| Year 1 | $262.6M | $-11.8M | -5.0% | $-22.9M | $-20.8M |
| Year 2 | $270.5M | $-9.5M | -4.0% | $-20.9M | $-17.3M |
| Year 3 | $278.6M | $-7.0M | -3.0% | $-18.8M | $-14.1M |
| Year 4 | $286.9M | $-5.7M | -2.0% | $-17.9M | $-12.2M |
| Year 5 | $295.5M | $-5.2M | -2.0% | $-17.7M | $-11.0M |
Interpretation
INTAt a WACC of 10.0% and terminal growth of 2.5%, enterprise value is $-225.5M. 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
ASSMrevenue base$254.9M
revenue growth rates[0.03, 0.03, 0.03, 0.03, 0.03]
ebitda margin base-0.05000000058840287
ebitda margin improvement bps[50, 100, 100, 50, 25]
capex pct revenue0.04
nwc pct revenue0.08
tax rate0.25
projection years5