Question: The following information has been provided in millions for Alpha Plc: 2018 2019 2020 2021 2200 2500 3000 Operating Income (OI) Net Operating Assets
The following information has been provided in millions for Alpha Plc: 2018 2019 2020 2021 2200 2500 3000 Operating Income (OI) Net Operating Assets (NOA) Return on Net Operating Assets (RNOA) 5600 6000 6400 7000 7500 2022 3800 39.29% 41.67% 46.88% 54.29% The required rate of return is 9%. The book value of Net Financial Obligations is 3,000 million. Alpha Plc is expected to have a growth rate of 4% The company has 400 million shares. Calculate the Value Per Share for Alpha Plc. (10 marks)
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Answer 2 The value per share of Alpha Plc can be calculated using the Discounted Cash Flow DCF Model This model takes into account the net operating i... View full answer
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