Question
Estimating Share Value Using the DCF Model Following are forecasts of Home Depots sales, net operating profit after tax (NOPAT), and net operating assets (NOA)
Estimating Share Value Using the DCF Model Following are forecasts of Home Depots sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 3, 2019, which the company labels fiscal 2018.
| Forecast Horizon Period | ||||||
|---|---|---|---|---|---|---|
| Reported | Terminal | |||||
| $ millions | 2018 | 2019 | 2020 | 2021 | 2022 | Period |
| Sales | $127,680 | $136,617 | $146,181 | $156,413 | $167,362 | $170,709 |
| NOPAT | 14,246 | 15,301 | 16,373 | 17,518 | 18,744 | 19,120 |
| NOA | 30,144 | 32,252 | 34,509 | 36,925 | 39,510 | 40,299 |
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Project Finance For Construction
Authors: Anthony Higham, Carl Bridge, Peter Farrell
1st Edition
1138941298, 978-1138941298
