get_growth_flow: Calculate growth firm cash flows (start-ups)

In TracyRage/fun_valuation: Personal fundamental analysis tool

Calculate growth firm cash flows (start-ups)

Description

Calculate After-tax EBIT and FCFF flows and NPV (high growth firm).

Usage

get_growth_flow(
  revenue,
  revenue_growth_trend,
  initial_margin,
  final_margin,
  tax_margin,
  ebit,
  nol,
  sales_capital_ratio,
  current_capital_investment,
  bottom_beta,
  terminal_beta,
  debt_to_capital,
  target_debt_to_capital,
  debt,
  cash,
  cost_debt,
  target_cost_debt,
  stock_price,
  stock_out,
  option_out,
  risk_free,
  risk_premium
)

Arguments

revenue	Number Current year revenues
revenue_growth_trend	List of numbers Revenue growth next 10 years
initial_margin	Number Current year operating margin
final_margin	Number Final year operating margin
tax_margin	Number Marginal tax rate
ebit	Number Current year EBIT
nol	Number Net Operating Losses
sales_capital_ratio	Number Ratio between revenues and invested capital (industry)
current_capital_investment	Number Current year capital investment
bottom_beta	Number Approximate initial bottom-up beta
terminal_beta	Number Approximate terminal bottom-up beta
debt_to_capital	Number Debt/Capital ratio
target_debt_to_capital	Number Terminal year Debt / Capital
debt	Number Current debt
cash	Number Cash
cost_debt	Number Cost of debt (CCC rating firm)
target_cost_debt	Number Terminal cost of debt
stock_price	Number Current stock price
stock_out	Number Current stock outstanding
option_out	Number Options outstanding
risk_free	Number Current risk free rate
risk_premium	Number Current risk premium
marginal_tax	Number Marginal tax (industry specific)
cost_equity	Number Cost of equity

Value

Tibble Full description of financial parameters

Examples

# Revenues growth in %
# revenues_growth <- list(y1=0.55, y2=0.45, y3=0.40, y4=0.35, y5=0.30,
# y6=0.20, y7=0.15, y8=0.12, y9=0.08, y10=0.06)
# res <- get_growth_flow(revenue = 1246,
# revenue_growth_trend = revenues_growth,
# initial_margin = -0.0418, final_margin = 0.14,
# tax_margin = 0.375, ebit = -52, nol = 1289,
# sales_capital_ratio = 0.5, current_capital_investment = 1000,
# debt_to_capital=0.04, bottom_beta=1.37,
# terminal_beta=1.1, target_debt_capital=0.44, debt=143, debt_cost=0.05, stock_price=80,
# stock_out=130, risk_free=0.015, risk_premium=0.045, target_cost_debt=0.08, option_out=13.805,
# cash=196)

TracyRage/fun_valuation documentation built on Jan. 29, 2023, 8:41 a.m.