It is the end of 2021. In the most recent year (2021), UPipe had an EBIT of $460 million. Depreciation was $92 million, increase in net working capital was $46 million and capital investment was $115 million.

Over the next 4 years, EBIT is expected to grow by 20% per year, depreciation by 15% per year, capital expenditure by 25% per year, and change in networking capital by 15% per year. The annual cash flow is expected to grow by 2% per year after 2025.

The weighted average cost of capital is 14% and the average tax rate is 21%. The firm has $570 million of debt and 10 million shares outstanding.

What was the cash flow in 2021 (in $ million)?
What is the terminal value in 2025 (in $ million)?
What is the firm value today (in $ million)?
What should be the stock price now?