Inputs

Earnings before interest and taxes =

Expected growth for next 3 years =
Expected growth after year 3 =
Tax rate =

EBIT
Interest Exp
EBT
Taxes
Net Income
Add Depriciation
Change in Working Capital
Increase In Operating Current Asset
Add Increase In operating Current Liablities
Subtract Capex
Add back after-tax interest
FCF

Present Value of cash flow

Value of Firm=

Debt ratio for the firm

Cost of equity =
Cost of Debt=
After-tax cost of debt =
Cost of Capital(%)

1,673.42
15%
5%
35%

Actual
14-Mar
1,673.42

1
15-Mar
1875.15
33.00
1,842.15
644.75
1,197.40
82.90

2
16-Mar
2156.42
37.95
2,118.47
741.47
1,377.01
95.33

3
Terminal Year
17-Mar
18-Mar
2479.89
2851.87
43.65
50.19
2,436.24
2,801.68
852.68
980.59
1,583.55
1,821.09
109.63
126.08

-348.37
294.07
-126.17
21.45
1,121.29

-407.49
355.95
-131.85
24.67
1313.63

-476.22
409.35
-137.78
43.65
1,532.18
14,306.71

997.38

1040.64

11167.82

0.46
10.91%
14.22%
9.24%
12.42%

0.44
10.91%
14.22%
9.24%
12.35%

0.44
10.91%
14.22%
9.24%
12.35%

-556.78
470.75
-143.98
50.19
1,767.35

13205.84

0.44
10.91%
14.22%
9.24%
12.35%

Cost of Equity
Rfr
Beta
Return From Market

8.56%
0.53
13%

10.91%