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Metrics | Range | Conclusion |
---|---|---|
Discount Rate | 10.3% - 9.3% | 9.8% |
Perpetuity Growth Rate | 3.5% - 4.5% | 4.0% |
Fair Value | $0.16 - $0.17 | $0.16 |
Upside | -41.3% - -37.7% | -39.8% |
Select Revenue and EBITDA Forecast | |||||||
(GBP in millions) | Input Projections | ||||||
Fiscal Years Ending | Jun-24 | Jun-25 | Jun-26 | Jun-27 | Jun-28 | Jun-29 | |
Revenue | 4 | 4 | 4 | 4 | 4 | 4 | |
% Growth | -18.4% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
EBITDA | -1 | NA | NA | NA | NA | NA | |
% of Revenue | -22.6% | NA | NA | NA | NA | NA |
Calculation of Free Cash Flow | |||||||
Projected Unlevered Cash Flow | |||||||
(GBP in millions) | Jun-25 | Jun-26 | Jun-27 | Jun-28 | Jun-29 | Terminal | |
EBITDA | NA | NA | NA | NA | NA | NA | |
Other Income / (Exp) | #NUM! | #NUM! | #NUM! | #NUM! | #NUM! | #NUM! | |
D&A | (0) | (0) | (0) | (0) | (0) | (0) | |
EBIT | #NUM! | #NUM! | #NUM! | #NUM! | #NUM! | #NUM! | |
Pro forma Taxes | #NUM! | #NUM! | #NUM! | #NUM! | #NUM! | #NUM! | |
NOPAT | (1) | 0 | 0 | 0 | 0 | 0 | 0 |
Capital Expenditures | (0) | (0) | (0) | (0) | (0) | (0) | (0) |
NWC Investment | (0) | 0 | 0 | 0 | 0 | 0 | 0 |
(+) D&A | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Free Cash Flow | (1) | 0 | (0) | (0) | (0) | (0) | 0 |
% Growth | NM | NM | NM | NM | NM | NM |