Nuplex Industries Limited (NPX)
Discount cash flow analysis
Sensitivity matrix
|
-1% |
Discount Rate % 0% |
1% |
||
|---|---|---|---|---|
| -1% | $4.05 | $3.98 | $3.92 | |
| Terminal Growth% | 0 | $4.07 | $4.00 | $3.94 |
| +1% | $4.10 | $4.03 | $3.96 |
How does a change in discount rate or terminal growth affect valuation?
This table shows the sensitivity of the valuation to two key variables - the discount rate and the terminal growth rate
Valuations and comments
- kaboodle created a new valuation of $4.51 (undervalued by 33.43%) - over 10 years ago
- Scarydog created a new valuation of $4.00 (undervalued by 53.26%) - 11 years ago
- vikx01 created a new valuation of $3.97 (undervalued by 69.66%) - over 11 years ago
- GordonGekko created a new valuation of $2.77 (undervalued by 42.78%) - over 11 years ago
- GordonGekko created a new valuation of $1.32 (overvalued by 20.48%) - over 11 years ago
- Aarkus created a new valuation of $0.49 (undervalued by 16.67%) - over 11 years ago
- kaboodle created a new valuation of $0.50 (undervalued by 8.7%) - over 11 years ago
- GordonGekko created a new valuation of $0.30 (undervalued by 3.45%) - almost 12 years ago
- dubio created a new valuation of $0.67 (undervalued by 97.06%) - almost 12 years ago
- gordonsk created a new valuation of $1.15 (undervalued by 125.49%) - almost 12 years ago
- GordonGekko created a new valuation of $1.15 (undervalued by 11.65%) - almost 12 years ago
- GordonGekko created a new valuation of $2.22 (undervalued by 115.53%) - almost 12 years ago
- GordonGekko created a new valuation of $3.71 (undervalued by 26.19%) - 12 years ago
- KiwiEMH created a new valuation of $3.29 (undervalued by 11.9%) - 12 years ago
- KiwiEMH created a new valuation of $3.79 (overvalued by 0.79%) - 12 years ago
- NZXCrunchBlog created a new valuation of $6.05 (undervalued by 14.15%) - 12 years ago
- KiwiEMH created a new valuation of $6.00 (undervalued by 1.87%) - over 12 years ago
- GordonGekko created a new valuation of $6.05 (overvalued by 1.63%) - over 12 years ago
Comments
The boring details
| All amounts in millions | Figures |
| Enterprise Value: | 0 |
| Net Debt (Long-term borrowings less cash): | 136 |
| Equity Value: | 495 |
| Number of Shares Outstanding: | 189,000,000 |
| Calculated value per share: | $4.00 |
Enterprise Value is the present value of the post-tax cash flows for a business into the future.
Where:
- C1, C2, C3 - the cash flow in period 1, 2, 3, ...
- r - the discount rate
To capture the cash flows into the future a terminal value is calculated via a perpetuity calculation -
based on the final years forecast post-tax free cash flow.
Where:
- Cn - the cash flow in the final forecast period.
- LTG - the long-term growth rate
- r - the discount rate
- g - the terminal growth rate
The Capital Asset Pricing Model (CAPM) is used to determine the equity component in the discount rate.
Where:
- rt - the risk free rate
- t - the tax rate
- B - the beta of the company
- MRP - the Market Risk Premium
Valuecruncher uses an estimate of Weighted Average Cost of Capital (WACC) to determine the discount rate in the calculation.