Capital Structure Pricing & EV Sensitivity Model
WACC
Wd
%
We
Kd
%
Ke
%
WACC
TERMINAL VALUE - EBITDA MULTIPLE
EBITDA - Terminal Date
m
Multiple
x
Terminal Value
DISCOUNTED CASH-FLOWS (M)
Revenue
Revenue Growth %
EBITDA
EBITDA Margin %
Free Cash-Flows
Terminal Value
Year Fraction
Discount Factor
Present Value
Enterprise Value
WATERFALL
Enterprise Value (EV)
m
Additional Adjustments
m
Adjusted EV
m
Facility (Most Senior Top)
Amount
Price
+ Add
- Remove
Total
Weighted Average Price
SENSITIVITY ANALYSIS - ENTERPRISE VALUE
Exit Multiple
FCF Δ
1x
2x
3x
4x
5x
6x
7x
8x
9x
10x
11x
12x
13x
14x
15x
SENSITIVITY ANALYSIS - BLENDED PRICE
Exit Multiple
FCF Δ
1x
2x
3x
4x
5x
6x
7x
8x
9x
10x
11x
12x
13x
14x
15x