Company X is expected to generate Free Cash Flows of $77 million next year. Free Cash Flow is expected to grow at 12% for the following two years before slowing down to long-term growth of 2%. The company's WACC is 13%. Total shares outstanding are 88 million and the net debt is $2 per share.

What is the company's expected share price based on this information?

Answer rating: 100% (QA)

Year PVF 13 Cashflow PV 1 08850 77 68142 2 07831 8624 67539 3 06931 96589 66941 4 O... View the full answer