Scampini Technologies is expected to generate $50 million in free cash flow next year, and FCF is expected to grow at a constant rate of 8% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 12%, and it has zero nonoperating assets. If Scampini has 65 million shares of stock outstanding, what is the stock's value per share? Do not round intermediate calculations. Round your answer to the nearest cent. according to the corporate valuation model. Each share of common stock is worth $
Scampini Technologies is expected to generate $50 million in free cash flow next year, and FCF is expected to grow at a constant rate of 8% per year indefinitely. Scampini has no debt or preferred stock, and its WACC is 12%, and it has zero nonoperating assets. If Scampini has 65 million shares of stock outstanding, what is the stock's value per share? Do not round intermediate calculations. Round your answer to the nearest cent. according to the corporate valuation model. Each share of common stock is worth $
Financial Management: Theory & Practice
16th Edition
ISBN:9781337909730
Author:Brigham
Publisher:Brigham
Chapter14: Distributions To Shareholders: Dividends And Repurchases
Section: Chapter Questions
Problem 12P: Bayani Bakerys most recent FCF was 48 million; the FCF is expected to grow at a constant rate of 6%....
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Transcribed Image Text:Scampini Technologies is expected to generate $50 million in free cash flow next year, and FCF is expected to grow at a constant rate of 8% per year indefinitely.
Scampini has no debt or preferred stock, and its WACC is 12%, and it has zero nonoperating assets. If Scampini has 65 million shares of stock outstanding, what
is the stock's value per share? Do not round intermediate calculations. Round your answer to the nearest cent.
according to the corporate valuation model.
Each share of common stock is worth $
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