DCF Adventures (part 1)
Originally published in May 2021 on LinkedIn.
Attention fellow finance folks! Time for a fun exercise...
I came across a publicly available research report that provides a valuation for a publicly traded, UK based CRO.
The snapshot below shows the DCF model supporting said valuation.
What stands out to you about its assumptions (good or bad)?
I'll provide my thoughts (and the source for the report) in coming days.