Hello WSO,
This will be my first WSO post and I will start by screaming for some help :). I have read a lot about equity research and now I want to put it in practice myself. With some help from the Martin Shkreli lessons (Legend) I made this: https://drive.google(dot)com/open?id=0By7ANhp6HBOvVGNrdXZabXlIMDQ
I know it is not a big master model (no debt schedule, own WACC calculations etc.) but still I would love to get some insight from someone with a lot more knowledge on the matter.
The main problems I have is:
-Is het allright to just take the average selling & administation expense / revenue and just claim that number will stay forever the same?
- is a debt schedule even necessary while it has so little impact on the outcome.
- is the ultimate share price caluculation right because im getting a bit stuck with the net debt and terminal value.
As I said it is not even close to a good model but I guess its better to just do it right from the beginning than learning I have done it all wrong at a internship (hopefully in the future ;)) I don't know if it's normal for people to just post such direct questions but I really haven't got anyone else to ask at this point
Thanks in advance for reading this :)
