Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Assumptions Tax Rate Discount Rate Perpetural Growth Rate EVIEBITDA Mulliple Current Price Shares Outstanding 30% 11% 5% 8.5x 19.50 30,000 10 Discounted Cash Flow Year

image text in transcribedimage text in transcribedimage text in transcribedimage text in transcribed

Assumptions Tax Rate Discount Rate Perpetural Growth Rate EVIEBITDA Mulliple Current Price Shares Outstanding 30% 11% 5% 8.5x 19.50 30,000 10 Discounted Cash Flow Year 1 Year 2 Year 3 Year 4 Year 5 Exit Terminal Value EV/EBITDA Perp. Growth Average 306/2018 31/12/2018 31/12/2019 31/12/2020 31/12/2021 31/12/2022 31/12/2022 12 13 14 15 16 Time period Year frac EBIT EBITDA Unlevered FCFF Transaction FCFF 0.5 14,258 31,490 13,762 6,881 1.0 26,390 39,248 21,856 21.856 41,903 69,830 34,935 34,935 15,637 35,426 14,378 14,378 25,710 52,478 25,421 25,421 18 19 20 21 Intrinsic Enterprise Value Calculating terminal value and intrinsic value Please use the attached Excel file to answer the following questions. Business_Valuation Modeling Assessment.xlsx 18 Calculate the terminal value using the EV/EBITDA multiple method. Review Later 611,363 631,470 585,000 593,555 Calculating terminal value and intrinsic value Please use the atached Exce lie t answ the folowing questons Business_Valuation_Modeling Assessment.xlsx 9 Calculate the terminal value using the perpetual growth method. 611,363 593,555 631,470 585,000

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

IT Audit In China

Authors: LIU Ruzhuo

1st Edition

981428145X, 978-9814281454

More Books

Students also viewed these Accounting questions

Question

3. Identify cultural universals in nonverbal communication.

Answered: 1 week ago