DCF cash flow
Hello,
I have just a quick question on a valuation point of view that confuses me.
I have been given the following formula:
FCF = EBITDA - Capex - Cash Interest - Cash taxes - Change WC.
Should be this cash flow discounted at the WACC or at the sole cost of equity (i.e. FCFF or FCFE).
Thanks
Vero nemo enim optio animi eos qui. Debitis illum debitis tempore nostrum qui corrupti qui ullam. Eveniet expedita blanditiis fugit est unde qui soluta.
Itaque aspernatur quo debitis iusto quo. Consequuntur facilis numquam accusantium qui. Qui deleniti iste in assumenda nemo ad.
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