Question
free cash flow was just FCF0=$1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and
free cash flow was just FCF0=$1.32. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 5% in Year 3 and thereafter. The WACC for the company is 9.00%. The company has $10 million in debt and 1 million shares outstanding. What is the best estimate of the stocks current intrinsic price?
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The Routledge Handbook Of State Owned Enterprises
Authors: Luc Bernier, Massimo Florio, Philippe Bance
1st Edition
1138487694, 978-1138487697
