You need to estimate the intrinsic value of Noe Technologies stock. Year-end free cash flow (FCF ₁ ) is expected to be $27.50 million and is expected to grow at a constant rate of 7.0% one year later. The company's WACC is 10.0%, it has $125.0 million of long-term debt plus preferred shares outstanding, and there are 15.0 million common shares outstanding. What is the company's estimated intrinsic value per common share?

Answer rating: 100% (QA)

To estimate the intrinsic value per common share of Noe Technologies stock we can use the dividend d... View the full answer