The DCF can be used to estimate the value of future cash flows
and the impact upon the current value of the stock price. As
reported in Morningstar, Visa reported FCF of 11,995 (million) in
2018. To perform this calculation, we first calculate the
Discounted Free Cash Flow. Using this information, we project the
future cash flows based upon a fixed growth rate.
Assumptions for Calculations
Assumptions
FCF Annual Growth 15%
Discount Rate 8.0%
Shares outstanding 2231
Debt 16630
Cash...