← DashboardPRFProfileMEMIC MemoBRGBridgeCIComp IntelSCNScenariosAIMLDCFDCFLBOLBOFIN3-StmtMKTMarketDENDenialRETReturnsLVRLeversWFLWaterfallPLYPlaybookTRDTrendsPREDPredictedMEM2Memo
$-60.9M
Enterprise Value
$-18.9M
PV of Cash Flows
$-42.0M
PV of Terminal Value
$-67.7M
Terminal Value
10.0%
WACC
2.5%
Terminal Growth
Cash Flow Projections
PROJ| Year | Revenue | EBITDA | Margin | FCF | PV(FCF) |
|---|---|---|---|---|---|
| Year 1 | $27.1M | $-4.0M | -15.0% | $-5.1M | $-4.7M |
| Year 2 | $27.9M | $-3.8M | -14.0% | $-5.0M | $-4.1M |
| Year 3 | $28.7M | $-3.7M | -13.0% | $-4.9M | $-3.7M |
| Year 4 | $29.6M | $-3.6M | -12.0% | $-4.9M | $-3.3M |
| Year 5 | $30.5M | $-3.7M | -12.0% | $-5.0M | $-3.1M |
Interpretation
INTAt a WACC of 10.0% and terminal growth of 2.5%, enterprise value is $-60.9M. 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$26.3M
revenue growth rates[0.03, 0.03, 0.03, 0.03, 0.03]
ebitda margin base-0.15270030403055135
ebitda margin improvement bps[50, 100, 100, 50, 25]
capex pct revenue0.04
nwc pct revenue0.08
tax rate0.25
projection years5