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Other than the murkiness of interpreting equity valuation modeling results, key drivers of two models are important (Free Cash Flow FCF and Market Multiples MM).

Other than the murkiness of interpreting equity valuation modeling results, key drivers of two models are important (Free Cash Flow "FCF" and Market Multiples "MM"). Why can't an analyst plug data into the FCF Equity Valuation Model and decide that the resulting value in the "answer" cell is the true, accurate, 'intrinsic' value of the business? Cite examples.

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