Company Name: Wendys

Choose 5 competitors of Wendys

Introduce your company by preparing a short "business description" section that describes your company and summarizes its industry, products and services, operations, competitive advantages, ownership etc. Do not plagiarize. Do not exceed one page.

Explain your reason for picking the competitor. What criteria did you use? Where there other candidates? If yes, explain why you did not include them.

Go to the Edgar site to find your company's financial information from their 10-K report.

Edgar Link

Create a three-statement model forecast for your company using 3 years of financial data from the 10-K report

Answer the following questions.

1.What items are you going to forecast and why?

2.What items in the financial statements are you just going to use previous year information for (rather than forecasting) and why?

3.Explain the method you are using to create your assumptions and why? Which ones can you just plug in and why?

4.Are you using year-over-year or items as a percentage of sale or COGS?

5. Explain any assumptions you are making about the data.

If you were creating a comparable valuation, what four companies would you pick? Explain why.

Calculate the beta for your company and its nearest competitor.

Use the weekly S&P400 data for 3 years

Explain what the beta is telling you about your company.

Calculate the following information

CAPM

WACC

DCF

Using the results of your DCF valuation, explain if your company is over or undervalued compared to its market price on March 12, 2023.