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Athlead Sports Inc.'s last free cash flow was $2.15 million. Its free cash flow growth rate is expected to be constant at 30% for 2
Athlead Sports Inc.'s last free cash flow was $2.15 million. Its free cash flow growth rate is expected to be constant at 30% for 2 years (including between time 0 and the next FCF), after which free cash flows are expected to grow at a rate of 8% forever. Its weighted average cost of capital WACC is 15% Athlead has $8 million in short-term investments and $20 millioh in debt and has 1 million shares outstanding. What is the best estimate of the current intrinsic stock price?
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