Is the December share price of Glencore plc (LON: GLEN) reflect what it’s really worth? Today we will estimate the intrinsic value of the stock by discounting the company’s projected future cash flows to today’s value. The discounted cash flow (DCF) model is used for this purpose. Believe it or not, it’s not too difficult to follow as you will see from our example!
We generally believe that the value of a business is the present value of all the cash it will generate…
