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Help please Estimating Share Value Using the DCF Model Following are forecasted sales, NOPAT, and NOA for Texas Roadhouse for 2016 through 2019. a. Forecast

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Estimating Share Value Using the DCF Model Following are forecasted sales, NOPAT, and NOA for Texas Roadhouse for 2016 through 2019. a. Forecast the terminal period values assuming a 1% terminal period growth rate for all three model inputs: Sales, NOPAT, and NOA. Round your answers to the nearest dollar. Reported Forecast Horizon Terminal S thousands 2015 2016 2017 2018 2019 Period Sales $1,807,368 $2,087,510 $2,411,074 $2,603,960 $2,812,277 $ NOPAT 102,495 171,176 197.708 213,525 230,607 $ NOA 662,502 765,216 883,825 954,531 1,030,893 5 0X 0 x OX b. Estimate the value of a share of TXRH common stock using the discounted cash flow (DCF) model as of December 29, 2015; assume a discount rate (WACC) of 7%, common shares outstanding of 70,091 thousand, net nonoperating obligations (NNO) of $(14,680) thousand, and noncontrolling interest (NCI) from the balance sheet of $7,520 thousand. Note that NNO is negative because the company's cash exceeds its nonoperating liabilities Rounding instructions: Use rounded answers for subsequent computations. Round answers to the nearest whole number unless otherwise noted. Round discount factor to 5 decimal places and stock price per share to two decimal places. Use a negative sign with your negative NNO answer. Otherwise, do not use negative signs with your answers. forecast Horizon Ter b. Estimate the value of a share of TXRH common stock using the discounted cash flow (DCP) model as of December 29, 2015, me a discount rate (WACC) of 7 common shares outstanding of 70,091 thousand, net nonoperating obligations INNOY OF 50146 thousand and noncontrolling interest ici) from the balance sheet of 57,520 thousand, Note that NHO is negative because the company's castrexceeds nonoperating liabilities, Rounding instructions Use rounded answers for subsequent computations . Round answers to the nearest whole number unless otherwise noted Round discount factor to 5 decimal places and stock price per share to two decimal places Use a negative sign with your negative NNO answer. Otherwise, do not use negative sips with your answers. TXRH Forecast Horizon Terminal s thousands 2016 2017 2018 2010 Period Increase in NOA 274 S OMS NE FCFF (NOPAT - Increase in NOA) COM OX OM OK ON OX Discount factor [1/(1+rw ON OM Present value of horon FCFF Cum Py of horon FCFF $ OX OX Present value of terminal FCFF OX Total firm value OM NNO OX NCI $ OX Arm equity value Shares outstanding thousands) ON Stock price per share with the SEC. How does your valuation estimate compare with ON OX OM OX

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