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Find the share value for a company with the following information: Free cash flow in 2021 is expected to be $90,000 Free cash flow in

Find the share value for a company with the following information:

  • Free cash flow in 2021 is expected to be $90,000
  • Free cash flow in 2022 is expected to be $95,000
  • Free cash flow in 2023 is expected to be $100,000
  • Estimated growth rate of cash flows beyond 2023 = 2.75%
  • The company's WACC is 9.5%, and they have $0.5mm of debt
  • The company has 50,000 shares outstanding
  • They pay quarterly dividends of $.35
  • Other companies are selling at P/E ratios of 12 times
  1. What is the share value using the free cash flow valuation method?
  2. What is the share value using another valuation method?

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