Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Should not take long to complete, this is valuation and financial modeling for corporate finance. Thank you! Finance 357 Spring Semester 2016 Merit Pharma Valuation

image text in transcribed

Should not take long to complete, this is valuation and financial modeling for corporate finance. Thank you!

image text in transcribed Finance 357 Spring Semester 2016 Merit Pharma Valuation Exercise Inputs 000 omitted Base Sales $ 100,000 Growth Years 1-5 10% Growth Year-6 forward 5% COGS % of Sales 60% Gr Assets % of Sales 60% Depr % Gr Assets 5% Inv. % of Sales 20% Tax Rate 35% WACC 9% Value of Debt $ 100,000 Shares Outstanding 5,000 Year Sales COGS EBITDA Depreciation EBT Cash Taxes Net Income + Depreciation -Chg in WC -Cap X Free Cash Flow PV CF1-CF5 PV TV5 Total Firm Value Value of Debt Value of Equity Shares outstanding Value per share Gross Fixed Assets Depreciation Net Working Capital 0 Name 1 Free Cash Flow 2 3 4 5 6 Terminal Value

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Marketing Research

Authors: Carl McDaniel Jr, Roger Gates

10th Edition

9781118808849

Students also viewed these Finance questions