Terminal Value

Groupe Partouche SA (PARP.PA)

21.1 €

+0.10 (+0.48%)
Growth in perpetuity method:
Long-term growth rate
WACC (%) 4.84
Free cash flow (t + 1) 18.68
Terminal Value 657.62
Present Value of Terminal Value 519.21



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