r****d
发帖数: 239 | 1 Stlstl, see if it makes sense to you. |
k*l
发帖数: 230 | 2 DCF is hopeless and useless here. There is no consistent free cash flow
growth pattern. It is purely cyclical.
Even if you want to force DCF into the model, you are plugging in wrong
numbers.
TERM growth 0?
Use sales growth instead of free cash flow growth? |
r****d
发帖数: 239 | 3 thanks for feedback. hehe, it's just a reference. I'm not just saying the
stock is worthless. More analysis needs to be done for whoever want to hold.
I think there is still 40% analyst use DCF. but you're right valuation is
not as simple as using a model. BTW,whether to use sale g% or fcf g% depends
on model setup. |
k*l
发帖数: 230 | 4 DCF is used in most analysis, in conjunction with other techniques. The
final valuation is a weighted average. |
r****d
发帖数: 239 | 5 kkl, just simple average or they value some methods more? Thanks! |
