The Discounted Cash Flow (DCF) valuation of Delaware Investments Colorado Municipal Income Fund Inc (VCF) is 2.60 USD. With the latest stock price at 13.81 USD, the upside of Delaware Investments Colorado Municipal Income Fund Inc based on DCF is -81.2%.
Based on the latest price of 13.81 USD and our DCF valuation, Delaware Investments Colorado Municipal Income Fund Inc (VCF) is a sell. Selling VCF stocks now will result in a potential gain of 81.2%.
Range | Selected | |
WACC / Discount Rate | 5.5% - 8.4% | 6.9% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | 1.8 - 5.02 | 2.60 |
Upside | -87.0% - -63.7% | -81.2% |
(USD in millions) | Projections | |||||
03-2021 | 03-2022 | 03-2023 | 03-2024 | 03-2025 | 03-2026 | |
Revenue | 4 | 3 | 3 | 4 | 4 | 4 |
% Growth | 11% | -8% | 2% | 4% | 3% | 4% |
Cost of goods sold | (1) | (1) | (1) | (1) | (1) | (1) |
% of Revenue | 28% | 28% | 28% | 28% | 28% | 28% |
Selling, G&A expenses | (0) | (0) | (0) | (0) | (0) | (0) |
% of Revenue | 2% | 2% | 2% | 2% | 2% | 2% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 5 | 4 | 4 | 4 | 5 | 5 |
% of Revenue | 124% | 124% | 124% | 124% | 124% | 124% |
Tax expense | 0 | (2) | (2) | (2) | (2) | (2) |
Tax rate | 0% | 27% | 27% | 27% | 27% | 27% |
Net profit | 7 | 5 | 5 | 5 | 5 | 5 |
% Margin | 194% | 142% | 142% | 142% | 142% | 142% |