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For the following forecasted data of firm Info Edge, calculate the intrinsic value of equity and value of the firm using free cash flow
For the following forecasted data of firm Info Edge, calculate the intrinsic value of equity and value of the firm using free cash flow to equity and free cash flow to firm: Number of outstanding shares outstanding 450000, beta 1.7, risk free rate 5.3%, expected market return 8.9%, constant growth rate of the company 5.2% after five years, Market value of debt 450000 and WACC 10.7%, cash and cash equivalents 10000 Net Income Depreciation Capital Expenditure Increase in working capital New Debt Debt paid Interest 2023 900,000 250,000 300,000 -60,000 2024 2025 950,000 1000,000 270,000 285,000 200,000 400,000 100,000 -79,000 75,000 189,000 100,000 150,000 430,000 170,000 100,000 400,000 $20,000 2026 1100,000 295,000 700,000 35,000 157,000 125,000 450,000
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