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Ledesma SAAI
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ARS
綜觀
股息
財報
模型
財務狀況
比較
穩健度
圖表
5 年 DCF 收入退出價
股價
1,120.00
ARS
公允價值
984.43
ARS
Metrics
Range
Conclusion
Discount Rate
9.3% - 8.3%
8.8%
Terminal Revenue Multiple
0.7x - 0.8x
0.7x
Fair Value
ARS 914.90 - ARS 1,056
ARS 984.43
Upside
-21.8% - -9.7%
-15.9%
2.3%
Revenue 5y CAGR
14.0%
5y Avg EBITDA Margin
17.8%
Unlevered FCF 5y CAGR
5-Year DCF Model: Revenue Exit
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儲存
股價
1,120.00
ARS
公允價值
984.43
ARS
看漲
-15.9%
Revenue and EBITDA
CapEx
Working Capital
D&A
Tax Rate
Discount Rate
Terminal Value
Select Revenue and EBITDA Forecast
(ARS in millions)
Input Projections
Fiscal Years Ending
May-24
May-25
May-26
May-27
May-28
May-29
Revenue
730,751
756,327
771,454
786,883
802,621
818,673
% Growth
9.6%
3.5%
2.0%
2.0%
2.0%
2.0%
EBITDA
111,374
105,950
108,069
110,230
112,435
114,683
% of Revenue
15.2%
14.0%
14.0%
14.0%
14.0%
14.0%
支援算式
Calculation of Free Cash Flow
Discounting Periods
Discounting Factors
Calculation of Enterprise Value
Equity Waterfall
Historical Financials
Current Trading Multiples
Calculation of Free Cash Flow
Projected Unlevered Cash Flow
(ARS in millions)
May-25
May-26
May-27
May-28
May-29
EBITDA
105,950
108,069
110,230
112,435
114,683
Other Income / (Exp)
0
0
0
0
0
D&A
(26,075)
(26,596)
(27,128)
(27,671)
(28,224)
EBIT
79,875
81,473
83,102
84,764
86,459
Pro forma Taxes
(28,755)
(29,330)
(29,917)
(30,515)
(31,125)
NOPAT
56,577
51,120
52,143
53,185
54,249
55,334
Capital Expenditures
(44,955)
(37,372)
(38,119)
(40,149)
(40,952)
(41,771)
NWC Investment
(18,183)
(7,275)
(4,303)
(4,389)
(4,477)
(4,566)
(+) D&A
22,971
26,075
26,596
27,128
27,671
28,224
Free Cash Flow
16,410
32,548
36,317
35,776
36,491
37,221
% Growth
98%
12%
-1%
2%
2%
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