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Basic FM: Discounted Cash Flow
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Terminal EBITDA multiple
Why is it inappropriate to assume terminal multiple expansion or contraction relative to the current year?
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by Daniel O.
added 5 years ago
"Slow growth, mature cash cow"
Why do we classify the company as "slow growth" when we had double digit growth during the projection period?
Capex estimation
I understand the assumption of increasing 1M of Capex every year. However, I think it doesn't match with our assumption of the annual depreciation number, which is a percentage of revenue?
DCF EBITDA multiple approach
I am a little confused with the DCF EBITDA multiple approach. The confusion is from applying EBITDA multiple times the last projected year's EBITDA which, according to your presentation, yields the[u:11soywht] "terminal value" but not the enterprise value[/u:11soywht]. In the other word, I would h...
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Core Model DCF  terminal cashflow
Why are you taking the EBIT as the terminal cashflow in your calculation of TV using he perpetuity method. I would have taken the final year Unlevered Free Cash Flow. Please clarify