Question: How does the DCF model change when you are valuing equity versus valuing the firrm? 2. In a DCF model, how does depreciation relate to

How does the DCF model change when you are valuing equity versus valuing the firrm?


2. In a DCF model, how does depreciation relate to CapEx?


3. How do you deal with the commodity cycle in building a DCF for a company that has sensitivity to a particular commodity?

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1 When valuing equity using a DCF Discounted Cash Flow model the focus is on estimating the future cash flows attributable to equity holders such as dividends or distributions The valuation is based o... View full answer

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