Terminal Value

Brunel International N.V. (BRNL.AS)

12.26 €

+0.18 (+1.49%)
Growth in perpetuity method:
Long-term growth rate
WACC (%) 8.64
Free cash flow (t + 1) 32.76
Terminal Value 493.38
Present Value of Terminal Value 326.01

Now that we’ve estimated the free cash flow generated over the five-year forecast period, we need to estimate the value of Brunel International N.V.’s cash flows after that period (if we don’t include this, we would have to assume that Brunel International N.V. stopped operating at the end of the five-year forecast period). To do so, we’ll determine the company’s terminal value.