Terminal Value

capsensixx AG (CPX.DE)

15.7 €

0.00 (0.00%)
Growth in perpetuity method:
Long-term growth rate
WACC (%) 5.40
Free cash flow (t + 1) 18.92
Terminal Value 556.42
Present Value of Terminal Value 427.76

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