Question: X Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) 1 5 Year FCF ($ million) 2 67.5


X Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) 1 5 Year FCF ($ million) 2 67.5 3 78.1 4 76.8 54.7 83.7 Print Done Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: E. Thereafter, the free cash flows are expected to grow at the industry average of 4.4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.9%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $304 million, and 44 million shares outstanding, estimate its share price. a. Estimate the enterprise value of Heavy Metal. The enterprise value will be $ million. (Round to two decimal places.)
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