DCF Standard Procedure For Company Part-Way Through FY
Title says it all. I am currently trying to build a DCF to practice and to hopefully get a role in equity research. The company I am looking at is currently in Q4 of its fiscal year and just reported Q3 earnings.
So, how should I build my DCF? Should I begin my forecast with the current FY even though the fiscal year is almost over? Or should I use TTM?
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