Last year Brain Inc generated FCF of $1.3 M. Analysts estimate that its growth rate in the
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Last year Brain Inc generated FCF of $1.3 M. Analysts estimate that its growth rate in the future would be stable at 3%, while it cost of capital will remain 10.3%. It has $5 M bonds outstanding and $7M invested in safe short-term investments (cash equivalent). If Brain Inc has 11.66 M shares outstanding, what is your estimate of its share price?
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Financial Accounting an introduction to concepts, methods and uses
ISBN: 978-0324789003
13th Edition
Authors: Clyde P. Stickney, Roman L. Weil, Katherine Schipper, Jennifer Francis
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