Fri, Sep 19, 2014, 12:58 PM EDT - U.S. Markets close in 3 hrs 2 mins

Recent

% | $
Quotes you view appear here for quick access.

Terex Corp. Message Board

  • jamessmarson3 jamessmarson3 Mar 6, 2013 2:19 AM Flag

    A final outside pick from the TEX king.

    He sorry for going off topic again but I thought you guys might enjoy how I do things. I am showing you 1 valuation of Yellow media. Ill point out this isn't my actual model but in this case it doesn't change the valuation by more than 50 cents.

    I have something in my actual model that dcf experts don't use. Anyways enough of how smart I am enjoy.

    I apologize for the bad formatting thank yahoo and there no link policy. EMail me if you want to see the pdf version.


    CF Firm Yellow Media DCF
    1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
    EBIT 239 206 182 167 158 152 151 152 155 160 160 160 160 160 160
    Discount 1.1 1.2 1.3 1.4 1.5 1.6 1.8 1.9 2.1 2.3 2.4 2.7 2.9 3.1 3.4
    DCF 221 175 143 121 105 93 85 79 74 71 65 60 55 51 47

    Total DCF 1,445
    Market value debt 876
    Value equity 569
    Shares outstanding 28.00
    Price $20.3
    Price in 1 year $23.6

    Calculation of WACC
    Market value of debt 876
    Market value of equity 224
    Value firm 1100

    % Total
    Interest rate debt X (1- Tax rate) 0.0760 0.0605
    Discount rate equity 0.12 0.0244
    WACC 0.0850

    SortNewest  |  Oldest  |  Most Replied Expand all replies
 
TEX
32.64-0.39(-1.18%)12:58 PMEDT