% Weight

VPL

MV
BV
FV

40%
20%
40%

N
15000
23000
$42,980.49

6000
4600
17192.19

Fair Value
Swap ratio
Swap ratio 10% ROI
shakira share
Myra share
Total
VPL
Debts

190.53

0.00686
0.00754
53044
39783

1.00
1.00

92827

30000000
20000000
50000000

total
Equity

RFR

B
4%

Waac

160
2.95
27.58

27792.19

@
long term loans
Fin lease lib

400
14.75
$68.94

Amount
15%
15%

Mkt Preimm
1.2

4500000
3000000 tax benefit
COD
7500000
65.00%

9.75%

Debts %
68.49%

D+Equity
COE
73000000

25.60%

Equity %
31.51%

6000000
3000000 tax benefit
COD
9000000
65.00%

8.36%

Debts %
19.18%

Net Equity
D+Equity
COE
295000000
365000000

20.20%

Equity %
80.82%

Net Equity
18%

23000000

14.7438%

No of shares

1000

Nexus

Debts

longterm loans
Fin lease lib

50000000
20000000
70000000

total

Equity

RFR

B
4%

Amount
12%
15%

Mkt Preimm
0.9

18%

year

Best

5000000

5750000

6612500

7604375

8745031

Waac

17.9288%

No of shares

20000000

NPL
FCFF

Base
Worst
Average

3000000
2000000
3333333.333

PV

3450000
2300000
3833333.333

3967500
4562625
5257019
Growth
2645000
3041750
3498013 TV
TV+Y5
Rate
4408333.333 5069583.333 5833354.333 56466691.44 62300045.78
1.04

$42,980,485.03

PV/share

$42,980.49

year

150000000
120000000
100000000
123333333.3

180000000
144000000
120000000
148000000

216000000
172800000
144000000
177600000

259200000
207360000
172800000
213120000

5000000
3000000
2000000
3333333.333
1000000
1000000
1333333.333
$17,759,132
1000
5327739.71
4843399.736

5750000
3450000
2300000
3833333.333
1000000
1000000
1833333.333

Nexus
FCFF

Best
Base
Worst
Average

PV

$1,378,804,675.75

PV/Share

$68.94

year
FCFF

less
less
FCFE

for wajih 300 shares

if we want to earn

cost of failure

Best
Base
Worst
Average
principal
interest
FCFE
PV
total shares
We pay Cash of
10% RoI then we pay

Future Capex value

Factor 1
factor 2
factor 3
factor 4

311040000
248832000
Growth
207360000 TV
TV+Y5
Rate
255744000 1909528371 2165272371
1.04

Cost

COF %
20000000
15000000
30000000
15000000

6612500
7604375
3967500
4562625
2645000
3041750
4408333.333 5069583.333
1000000
1000000
1000000
1000000
2408333.333 3069583.333

W.Avg
80%
70%
90%
80%

16000000
10500000
27000000
12000000

5
8745031
5247019
3498013
5830021
1000000
Growth
1000000 TV
TV+Y5
Rate
3830021 37074486.08 40904507.08
1.04

COF

80000000

81.88%

65500000

year

0
0
0
0
$237,175,841

0
0
0
0

120000000
100000000
80000000
100000000

180000000
150000000
120000000
150000000

270000000
225000000
180000000
225000000

value of success

Best
Base
Worst
Average
PV

EMV

Cost of Failure

-22511879

80000000

Merged Balance sheet

Assets
Cash & Equivalent
Short Term Investments
Accounts Receivable
Loans & Advances
Deposits & Prepayments
Total Current Assets
Land
Equipment
Cost of Software
Furniture & Fixtures
Long Term Investments
Long Term Deposits
Deferred Tax Asset
Total Fixed Assets
Good Will

15455445
45500000
50200000
5000000
10000000
126155445
50000000
70000000
150000000
5000000
50000000
20000000
9000000
354000000
-44227165

Total Assets

435928280

chances of failure

value of success
81.88%

chances of success
$237,175,841.38

18.13%

Liabilities
Short Term Loans
Current Maturities
Total Current Liabilities
Long Term Loans
Financial Lease
Deferred Liabilities
Total Long Term Liabilities
Paid up Capital
Capital Reserve
Accumulated Losses
Total Shareholder's Equity

35000000
7000000
42000000
80000000
40000000
5000000
125000000
200928280
95000000
27000000
268928280

Total L & E

435928280