Intrinsic value of Bottomline Technologies, Inc. (EPAY)

[per Chepakovich valuation model]

other valuations of EPAY

[per Chepakovich valuation model]  See other valuations of EPAY stock

Previous Close$37.39
Intrinsic Value
Upside potential
Previous Close
$37.39

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-06-30 and quarterly data as of 2020-12-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %4.8NaN
Revenue, $442NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m446NaN
Operating income, $m-3NaN
EBITDA, $m45NaN
Interest expense (income), $mNaN
Earnings before tax, $m-7NaN
Tax expense, $m2NaN
Net income, $m-9NaN

BALANCE SHEET

Cash and short-term investments, $m211NaN
Total assets, $m793NaN
Adjusted assets (=assets-cash), $m582NaN
Average production assets, $m428NaN
Working capital, $m160NaN
Total debt, $m180NaN
Total liabilities, $m401NaN
Total equity, $m392NaN
Debt-to-equity ratio0.459NaN
Adjusted equity ratio0.311NaN

CASH FLOW

Net income, $m-9NaN
Depreciation, amort., depletion, $m48NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m97NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-44NaN
Free cash flow, $m141NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m160
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN