Editing Aston Martin Lagonda Global Holdings plc
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Latest revision | Your text | ||
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!2026 | !2026 | ||
!2027 | !2027 | ||
! | ! | ||
|- | |- | ||
! colspan="12" |Income Statement | ! colspan="12" |Income Statement | ||
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|2289.5 | |2289.5 | ||
|2404.0 | |2404.0 | ||
| | | | ||
|- | |- | ||
|''% growth'' | |''% growth'' | ||
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|10% | |10% | ||
|5% | |5% | ||
| | | | ||
|- | |- | ||
| | | | ||
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|63% | |63% | ||
|62% | |62% | ||
| | | | ||
|- | |- | ||
| | | | ||
Line 911: | Line 911: | ||
|618.2 | |618.2 | ||
|649.1 | |649.1 | ||
| | | | ||
|- | |- | ||
| ''% of revenue'' | | ''% of revenue'' | ||
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|43.5 | |43.5 | ||
|50.2 | |50.2 | ||
| | | | ||
|- | |- | ||
| ''Effective tax rate'' | | ''Effective tax rate'' | ||
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| 185.5 | | 185.5 | ||
| 214.2 | | 214.2 | ||
| | | | ||
|- | |- | ||
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|320.5 | |320.5 | ||
|336.6 | |336.6 | ||
| | | | ||
|- | |- | ||
| ''% of revenue'' | | ''% of revenue'' | ||
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| -229.0 | | -229.0 | ||
| -192.3 | | -192.3 | ||
| | | | ||
|- | |- | ||
| ''% of revenue'' | | ''% of revenue'' | ||
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|68.7 | |68.7 | ||
|72.1 | |72.1 | ||
| | | | ||
|- | |- | ||
|% of revenue | |% of revenue | ||
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!WACC | !WACC | ||
! | ! | ||
|- | |- | ||
|'''Weights''' | |'''Weights''' | ||
| | | | ||
|- | |- | ||
|Total Debt | |Total Debt | ||
|1200.5 | |1200.5 | ||
|- | |- | ||
|Market Cap | |Market Cap | ||
|2430 | |2430 | ||
|- | |- | ||
|Total | |Total | ||
|3630.5 | |3630.5 | ||
|- | |- | ||
|Wd | |Wd | ||
|0.33 | |0.33 | ||
|- | |- | ||
|We | |We | ||
|0.67 | |0.67 | ||
|- | |- | ||
| | | | ||
| | | | ||
|- | |- | ||
|'''Debt''' | |'''Debt''' | ||
| | | | ||
|- | |- | ||
|Total Debt | |Total Debt | ||
|1200.5 | |1200.5 | ||
|- | |- | ||
|Interest Expense | |Interest Expense | ||
| -201.9 | | -201.9 | ||
|- | |- | ||
|Rate | |Rate | ||
|17% | |17% | ||
|- | |- | ||
|Effective Tax Rate | |Effective Tax Rate | ||
|7% | |7% | ||
|- | |- | ||
|Rd(1-t) | |Rd(1-t) | ||
|15.6% | |15.6% | ||
|- | |- | ||
| | | | ||
| | | | ||
|- | |- | ||
|'''Equity''' | |'''Equity''' | ||
| | | | ||
|- | |- | ||
|Risk Free Rate | |Risk Free Rate | ||
|4.5% | |4.5% | ||
|- | |- | ||
|Beta | |Beta | ||
|2.05 | |2.05 | ||
|- | |- | ||
|Market Rate | |Market Rate | ||
|10% | |10% | ||
|- | |- | ||
|Re | |Re | ||
|15.8% | |15.8% | ||
|- | |- | ||
| | | | ||
| | | | ||
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|'''<u>Discount Rate</u>''' | |'''<u>Discount Rate</u>''' | ||
|'''<u>15.73%</u>''' | |'''<u>15.73%</u>''' | ||
|- | |- | ||
|'''<u>Perpetuity Growth Rate</u>''' | |'''<u>Perpetuity Growth Rate</u>''' | ||
|'''<u>2.0%</u>''' | |'''<u>2.0%</u>''' | ||
|} | |} | ||
{| class="wikitable" | {| class="wikitable" | ||
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!2027 | !2027 | ||
!Terminal Value (Perpetuity Growth) | !Terminal Value (Perpetuity Growth) | ||
|- | |- | ||
|''£ million'' | |''£ million'' | ||
| | | | ||
| | | | ||
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| 286.3 | | 286.3 | ||
| 2,127.0 | | 2,127.0 | ||
|- | |- | ||
|PV of FCF | |PV of FCF | ||
|354.29 | |354.29 | ||
| | | | ||
| | | | ||
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|Terminal Value | |Terminal Value | ||
| 2,126.96 | | 2,126.96 | ||
| | | | ||
| | | | ||
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|NPV of TV | |NPV of TV | ||
|1024.52 | |1024.52 | ||
| | | | ||
| | | | ||
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|Enterprise Value | |Enterprise Value | ||
|1378.81 | |1378.81 | ||
| | | | ||
| | | | ||
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|Net Debt | |Net Debt | ||
| 520.4 | | 520.4 | ||
| | | | ||
| | | | ||
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|Equity Value | |Equity Value | ||
|1899.2 | |1899.2 | ||
| | | | ||
| | | | ||
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|Shares Out | |Shares Out | ||
|698 | |698 | ||
| | | | ||
| | | | ||
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|'''<u>Equity Value per Share</u>''' | |'''<u>Equity Value per Share</u>''' | ||
|'''<u>2.72</u>''' | |'''<u>2.72</u>''' | ||
| | | | ||
| | | | ||
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|<u>Current share price</u> | |<u>Current share price</u> | ||
|<u>3.21</u> | |<u>3.21</u> | ||
| | | | ||
| | | | ||
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|''Difference'' | |''Difference'' | ||
| ''-15%'' | | ''-15%'' | ||
| | | | ||
| | | | ||
Line 1,491: | Line 1,455: | ||
|£2.61 | |£2.61 | ||
|£2.67 | |£2.67 | ||
| | |£2.73 | ||
|£2.79 | |£2.79 | ||
|£2.86 | |£2.86 |