DCF analysis on car rental companies

Hello guys and gals,
I need help with a DCF analysis for a car rental company. First, do I include vehicle related depreciation and amortization in my EBITDA number or not? Second, do I include vehicle related capex numbers in the dcf, if I do I get negative cash flow, I suppose I don't include it, but my question here is why?
The company itself only measures non-vehicle related D&A and non-vehicle related capex for their numbers, but If I hop on a website like "Gurufocus" they include both vehicle and non-vehicle related numbers in their D&A and Capex values.
Any help and explanation will be welcomed.

Add comment

Start Discussion

2 Comments

WSO Monkey Bot

The Addict

O

5y

Hey Christian-Stoyanov, I'm here to break the silence...any of these links help you?:

DCF Analysis: Why do we use an unlevered Free Cash Flow to Firm, but discount it with the WACC (Levered)? So the title is basically my question. We use the WACC to discount the FCF and I do not completely ... understand why we are using something levered to discount something unlevered! ...
Discounting cash flows back to 2015--use mid-year discounting? (mid-2015), do you discount cash flows back to 2015, or do you account for the fact that it's the middle ... Hey all, quick question about DCF valuation. If you're valuing a company right now ... of the year? In other words, should you discount back to 2015.5? Thank you all in advance! DCF ...
Free Cash Flow to Firm vs. Free Cash Flow to Equity Growth Rates performing a discounted cash flow analysis on levered free cash flow, you are examining the cash flow ... How to discount levered and unlevered free cash flow? When performing a discounted cash flow analysis ... someon explai
pre-made discounted cash flow model service of creating a company which analyzed companies' financials, developing pre-made discounted cash ... flow models. These DCFs could be downloaded and used as analysis tools for investors. I came up with ... on the companies themselves. Currently, I don't think there is anything out there that provides ...
Levered vs. Unlevered Free Cash Flow Difference performing a discounted cash flow analysis on unlevered free cash flow, you are examining the cash flow ... the capital structure. When performing a discounted cash flow analysis on levered free cash flow, you ... for
Discounted cash flow (DCF) has a great amount of cash, the DCF method ignore such fact and in my opinion get lower company value ... than it should be. In my opinion, we should add outstanding cash to discounted FFCF of the company to ... Hello everybody, I cannot understand 2 questions so far in DCF valuation: 1) Why cash which is ...
discounted cash flows company using a discounted cash flows for the value of the company is currently DCF analysis ... Is the cash available to start a company in the base year when calculating the value of the ...
More suggestions...

Fingers crossed that one of those helps you.

Reply

Quote

Report

Other

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Rover-S

Neanderthal

PE

5y

Most Helpful

In consequuntur dignissimos saepe rem quod aut dolorem. Quam dolor est quia praesentium distinctio eum voluptates voluptatum. Dolor alias corporis fuga sapiente quia. Quo ut molestias inventore accusantium possimus qui laudantium. Velit animi asperiores provident quas quia sit dolores ut. A qui quo nesciunt aut rerum quisquam non. Veniam aspernatur sapiente sapiente culpa et.

Aut quo doloremque officia officia ea ut autem dolorum. Quia occaecati id beatae. Qui eos et rem quo veritatis.

Reply

Quote

Report

Other

Authored by: Certified Private Equity Professional - Vice PresidentCertified Private Equity Pro

Add comment

Start Discussion

Career Resources

+81	Q&A - Buyside Equity Research Analyst/PM	ER	29	6d
+32	How the heck do you learn all of this stuff?	ER	10	1d
+28	My experience on the sell side	ER	20	2w
+24	Clues in Financial Reporting Analysis	ER	7	2d
+17	Am i fairly compensated?	ER	9	3d
+14	Data Science to PM	ER	8	1w
+14	Heard they don’t model at Oppenheimer	ER	10	2w
+12	ER - Remote Jobs?	ER	8	6d
+12	Equity Research at Bank vs IG, High Yield & Leveraged Loans Research at Asset Manager	ER	4	1d
+11	Who uses sell-side Strategists? Are they valuable?	ER	4	1w

1	redever	99.2
2	Secyh62	99.0
3	BankonBanking	99.0
4	Betsy Massar	99.0
5	dosk17	98.9
6	kanon	98.9
7	GameTheory	98.9
8	CompBanker	98.9
9	Linda Abraham	98.8
10	Kenny_Powers_CFA	98.8

DCF analysis on car rental companies

See All Comments - 100% Free

Trending Content