Does anyone actually use DCF’s?
Question for current/ ex bankers. I'm a current 2nd year analyst at an EB and I've never. It seems like this was taught broadly as a common valuation method when I was prepping for the job and I'm trying to understand if my experience is the norm or if it has to do with the transactions I work on.
My theory would be at this point your wacc/ discount rate is so low that you get such high valuations it just doesn't make sense to use really. Would love to hear if this has been the experience of others as well.