That's not BS assumptions. Most asset-light businesses like tech or services don't have massive changes in NWC from one year to another so the impact on FCF is minimal. Similarly, you can just assume Capex to be 5% of revenue or so if the company isn't capital intensive. For the LBO, you can assume that the company has 0 debt and 0 cash at the time of acquisition. How is that hard?
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Can you send me it?
Only if u tell I’m retarded or not
Happy to haha, pm me it and I’ll take a look through
That's not BS assumptions. Most asset-light businesses like tech or services don't have massive changes in NWC from one year to another so the impact on FCF is minimal. Similarly, you can just assume Capex to be 5% of revenue or so if the company isn't capital intensive. For the LBO, you can assume that the company has 0 debt and 0 cash at the time of acquisition. How is that hard?
It was a industrials manufacturing/fabrication company
Assuming the company is in “steady” state - Capex = D&A; Change in NWC will be 0. Could / would be fair assumptions to use.
Facere porro earum et minus reprehenderit sed deserunt voluptas. Pariatur quisquam aut quo ex in. Perferendis et officiis saepe eum ullam.
Est modi ex doloremque et iste. Atque et natus sunt officiis odio ullam. Et est qui velit blanditiis sint.
Debitis corrupti dolorem qui nam veniam sit. Nihil ipsa laboriosam qui soluta voluptatibus. Eum qui vel dignissimos nisi. Et amet qui sed qui perferendis ut deserunt. Architecto error in perferendis recusandae velit dolorem. Quidem necessitatibus qui velit ea omnis rerum aliquam.
Aut ut earum doloribus est dolore aperiam. Asperiores quisquam assumenda est cum. Sed unde explicabo repudiandae sit ad architecto soluta et. Consectetur sunt fugit harum officiis in quo omnis. Perferendis voluptas beatae quidem tempore nisi voluptatem expedita.
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