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You are building a reality-check DCF model to estimate the intrinsic value of ZScaler. You assume that ZScaler's assets depreciate at a rate of 4%
You are building a reality-check DCF model to estimate the intrinsic value of ZScaler. You assume that ZScaler's assets depreciate at a rate of 4% a year and that it has zero leverage. If your forecast earnings in year 1 is $12.4M, asset is $451.9M, and gross investment (capital expenditure + change in net working capital) is $201.2M, what is your forecast of year 1 Net Investment?
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To calculate the forecast of year 1 Net Investment you can use the following formula Net Investmen...
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
9th Edition
1337614689, 1337614688, 9781337668262, 978-1337614689
