Growth Rates and Terminal Value DCF Valuation Aswath Damodaran 1 Ways of Estimating Growth in Earnings Look at the past • The historical growth in earnings per share…
1 Applied Corporate Finance Aswath Damodaran www.damodaran.com 2 What is corporate finance? Every decision that a business makes has financial implications, and any decision…
Aswath Damodaran 174 Valuation Aswath Damodaran Aswath Damodaran 175 First Principles Invest in projects that yield a return greater than the minimum acceptable hurdle…