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You have married into a family business and you are in charge of the finances. Your father. in-law is considering an IPO and has asked

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You have married into a family business and you are in charge of the finances. Your father. in-law is considering an IPO and has asked you to come up with estimates for the equity value. Here are the figures you have been able to come up with so far: a. 2021 free cash flow: $9.0MM b. 2022 free cash flow: $9.8MM C. 2023 free cash flow: $10.5MM d. Annual FCF growth after 2022: grows at 2% e. 2020 EBITDA: $9.5MM f. 2020 Net Income: $6.0MM g. Company WACC (discount rate): 12% h. Total debt: $6MM i. Overall PE ratio for similar companies: 20x j. EV / EBITDA multiple that similar companies have sold for: 10x Develop a free cash flow discounted valuation PLUS any other two valuation methods to estimate the total value of Equity

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