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Dion Corporation reported earnings per share of $ 2 . 0 2 in 2 0 2 3 , and paid no dividends. These earnings were
Dion Corporation reported earnings per share of $ in and paid no dividends. These earnings were expected to remain at of revenues, which were $ million in and were expected to grow a year from to and a year after that. The firm was expected to finance of its capital expenditures and working capital. a Estimate the expected free cash flow to equity from to assuming that capital expenditures and depreciation grow at the same rate as earnings. bEstimate the terminal price per share at the end of Stable firms in this industry have capital expenditures which are of earnings, and maintain working capital at of revenues. c Estimate the value per share today, based on the FCFE model, assuming million shares outstanding.
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