25-02-2015, 10:17 AM
1 question:
when valuing a business trust using DCF, do we need to subtract the present value with net debt? for REIT usually I won't do it because at least 90% of their cash flow will be distributed to unitholders... is my approach correct here?
when valuing a business trust using DCF, do we need to subtract the present value with net debt? for REIT usually I won't do it because at least 90% of their cash flow will be distributed to unitholders... is my approach correct here?