Question
CFECs cash flow per share (CFPS) is currently $1.80 per share. Their 5-year average Price-to-Cash Flow per Share ratio is 16. If we expect their
CFECs cash flow per share (CFPS) is currently $1.80 per share. Their 5-year average Price-to-Cash Flow per Share ratio is 16. If we expect their cash flow per share to grow by 8% next year, what would you expect their price to be next year?
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Restaurant Financial Management
Authors: Hyung-il Jung
1st Edition
1774631431, 978-1774631430
