2023 Valuations Chapter 05 Problems
2023 Valuations Chapter 05 Problems
Revenue 125,000
XEBITDA Mgn 456
I DA
* 56250
x
(1 Tax)
-
707
39375
CAPex (1,500)
NCFto theFirm 37,875
Year 2F PVIE
I
250 1,10- 227.27
2 300 1.18-2 247094
3 350 1,10-3 26294
38,17
7
year CF
(1,000) 7
-
0
I
250 x 110-1
2 300 1.10-2
+
450 110 3
-
i
x
900 x!10-3
484.48
py
to
e
cyunist to
e
units projected -
840
125
x
105,000
sales 185,00
OP(4043 42,000
dep'n 1,250
EBITDA 43,250
PUcFall OF 1,450
(500)
cash outlay
NAV ⑮
YH YV2 YV3
EBIT 200,000 350,000 400,000
!
x (1 tax)
-
702 -5 702
140,000 245,00 280,000 #14
200,000 350,000 440,000
EBIT dep'n 200,000 200,000 200,000
Weinr 140,000) (40,000) (40,000)
(apin (150,000) (150,000) (150,000)
NCFF 150,000 255,08 290,000
#13
200,0
dep'n 200,00
EBITDA 400, ON
# fr I TV2 Y3
EBI 200,000 300,000 200,00
380,008
-
7,700, ON #IA
=
Ur
-
1220,00 1108
x
290,00 2
-
2
x
1,08
3
270,000 1.08
3 x
7,500,00 x1,08-3
*
NCRE 4,734,4833
18
#
N IFF 917 39,483,31
ITD 1,000,000.00
NCF-E 5,739,483,31 #19
I * FUIF
1 3,100,ON n 1
9 =
X 1,55
-
2,000,00
133 1,430474
=
11.587
=
>
12b 1,577519
--
=
arithmetic are.
12b 1573514
=
....45
2,000, 00
130755
=
[lorzo
1,55 -1.5/8070
1.573519 -
1.518070
=0.03143:0.055449
or 11.5820
Operating income:300,000
dep'n (1,000,000:10yrs) 180,00
interest 15,000
EBITDA 415,000
py yr1 Yr2
x1,05
Revenue 1,500,00 4:051,575,00 1,453,750
702
x(1 V(06S)
-
707
a 1,102,500 1,157,625
IC (400,000) (400,000)
OPEX (20b (315,08)(340,7507
OI 387,508 420875
x (1 -
tax) 7070 N
NI
271,250/22 298,812.50
473,812.50
41 424344
Net DNFT 1,120,000 11480,000 2,240,000 2,520000
dep'n 2,000,00
CAPEX
WCFF
? 0e 2,480,000 3,240,083,520,000
↑2F 73,920,000
in
tion
2,120042,480,083,240,00077, 440,000
ALE
1.10-2
-
3 -
4
PVF 1.10 7.10
to fal D
-
x
potential purchas
113,520,00x
100 54
-
74,920,000
=