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Number of Posts:16861
Registered on:6/15/2011
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re: Pats -3 O/U 58.5 - Jon Ham
Atlanta....
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]DCF also as many disadvantages because of the various levers you can pull that can swing your Present Value wildly[/quote] Yeah, a slight change in any of the variables can greatly change the valuation. So if all of your variables are accurate except 1 that's a little off, the valuation is...
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]One method is to just do Operating Cash Flow - Capital Expenditures, but that might not be correct because it's levered.[/quote] To test this out, I calculated FCF for Bayer using both: 1) Operating Cash Flow - Capital Expenditures, and 2) Revenue - Operating costs - taxes - capital ex...
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]Youtube Martin Shkreli finance videos. He walks you through how he values companies using DCF. Dude is awesome[/quote] I did watch some of those videos, and they are great. They just moved a little slow. I will need to go back and commit to watching them....
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]Or, you can just use 10% and accept some margin of error. Valuation is super subjective even though Wall St and academics would like you to think they created a witch science of precision. [/quote] :lol: That's what I like to hear....
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]WACC = Kd(1-T)Wd + KpWp + KeWe Kd can sometimes be found in the notes of the financial statements. This is the debt YTM for the firm. If unavailable, you can use CAPM for Kd or you can calculate it based on the rating of the firm (referred for as the spread) + the risk free treasury rate....
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]FCF = EBIT (1-tax rate) + Depreciation - CapEx - Change in Net Working Capital [/quote] Jesus I do not want to have to do that. Is there some shortcut to estimating a fairly accurate FCF? Is simply using operating cash flows as shown in the cash flow statement going to be way off? [quo...
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]Ok...I understand net debt to be debt (short/long)- cash/cash equivalents. So including assets that may not be able to be easily converted to cash (i.e. inventory, supplies, ar) may skew you valuation. By how much...[/quote] So it looks like total current assets = cash and short term in...
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]What class is this for? [/quote] Life. :lol: Seriously, I'm not in school. Just trying to learn....
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
[quote]Is current assets cash only?[/quote] I just used what the balance sheet had as "total current assets." I believe it includes cash, accounts receivable, inventory, and supplies....
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re: Valuating companies using discounted cash flow - Questions - Jon Ham
Edited OP to fix discounted cash flow equation (I think)....
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Valuating companies using discounted cash flow - Questions - Jon Ham
I'm trying to learn how to valuate a company using the discounted cash flow method. I made a spreadsheet to test it out. Here is what I have for Bayer AG (BAYRY) and a link to the spreadsheet if you want to test it out. [img]http://i1118.photobucket.com/albums/k620/HogKing111/Capture_zpsoxxhrlfx....
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re: Stepmother hit my older car. Opinions on what you would do. - Jon Ham
You should apologize to her for keeping your shitty old car at her house....
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PEG ratio - why is 1 the magic number? - Jon Ham
[quote]Theoretical perfect correlation between market value and projected earnings growth assigns a PEG ratio value of 1 to a stock. PEG ratios higher than 1 are generally considered unfavorable, suggesting a stock is overvalued. Conversely, ratios lower than 1 are considered better, indicating a st...
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re: Nintendo (NTDOY) - Good bet? - Jon Ham
The new Nintendo console, Nintendo Switch, is hitting stores in March priced at $299. [link=(https://www.youtube.com/watch?v=5kcdRBHM7kM)]Super Mario Odyssey[/link] and [link=(https://www.youtube.com/watch?v=zw47_q9wbBE&spfreload=5)]Zelda: Breath of the Wild[/link] look like amazing games. Over t...
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re: Will Sessions rewrite the Wire Act to prosecute online poker? - Jon Ham
[quote]Gambling and grass, I'm so glad to see our populace has its priorities straight.[/quote] If the federal government hadn't overstepped into regulating these areas then we wouldn't have to be talking about it right now. Who says these are anyone's top priorities anyways? People are able to d...
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re: Bama v. Clemson | Clemson wins! - Jon Ham
Impressive involuntary 540....
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re: Highlights from Meet the Press this morning - Jon Ham
[quote] The blonde used the "but they WEAPONIZED it". [/quote] Loved that part. She was essentially arguing that yeah, the US and other countries are hacking each other all the time, but it's bull shite the Russians let the American people see the truth in time for the election. They are so far dow...
Posted on Political Talk
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Highlights from Meet the Press this morning - Jon Ham
[link=(https://www.youtube.com/watch?v=0_eQZF0azPc)]https://www.youtube.com/watch?v=0_eQZF0azPc[/link] - Lindsey Graham is upset that the uniparty gets exposed by people who are simply after the truth. [link=(https://www.youtube.com/watch?v=7xW1PQa91A0)]https://www.youtube.com/watch?v=7xW1PQa91A0...
Posted on Political Talk
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