Model Assumptions & Inputs - The DCF model defaults to a discount rate of the current 10-year Treasury rate plus 6%, currently at 11% [1] - Earnings per share (EPS) is used as a default input to estimate future earnings in the reverse DCF model [2] - Free cash flow and adjusted dividend models are available as options [2] Reverse DCF Model Analysis - The reverse DCF model determines the growth rate needed to justify the current stock price [3] - For Brown, the model suggests a future growth rate of 1948% per year for the next 10 years to justify the current stock price [3] - Brown's average EPS growth over the last 10 years was 2220% [3] - The expected growth is smaller than the past growth, suggesting it is potentially achievable, but relies on assumptions [4] Key Considerations - The business needs to be predictable and consistent in the future [5] - Future growth should be similar to past growth [5] - Changes to the discount rate can significantly impact the valuation [5] - Future interest rates and the length of the growth stage are unknown assumptions [5] - Both DCF and reverse DCF models rely on numerous assumptions [1][5]

Qualcomm (NASDAQ: QCOM ) is undervalued at 14.2 Price-To-FCF due to the risk of losing Apple’s business, customer concentration with Samsung, and Xiaomi. However, it is expected to maintain 70% of Apple’s business in 2025. Its competitive advantage has consolidated and is onInvesting in high-growth opportunities across industries, employing a value investing approach that prioritizes robust business models and strategic foresight. Focusing on companies with the potential to profoundly influence the global l ...

VNET Group Inc | Asia Pacific Two updates – REIT and Ulanqab DC electricity Key Takeaways M Update Morgan Stanley Asia Limited+ Tom Tang Equity Analyst Tom.Tang@morganstanley.com +852 3963-1860 Yang Liu Equity Analyst Yang.Liu@morganstanley.com +852 2239-1911 Gary Yu Gary.Yu@morganstanley.com +852 2848-6918 VNET Group Inc (VNET.O, VNET US) Greater China Telecoms | China | Stock Rating | Overweight | | --- | --- | | Industry View | Attractive | | Shr price, close (May 9, 2025) | US$5.96 | | 52-Week Range | U ...

May 9, 2025 05:51 AM GMT Shenzhen New Industries | Asia Pacific China BEST Conference 2025 Feedback Key Takeaways Targeting single-digit China growth for 2025, with faster analyzer than reagent growth: For analyzer installations, SNIBE continues to target 2,000 units (¾ being high throughput models) and 200 TLAs in 2025. Reagent ASP should have bottomed in 2Q25 (~5% QoQ decline from 1Q25) hence the YoY price impacts will be largely digested by 4Q25. As for volume, mgmt expects sequentially improving volume ...

Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in INTC over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Intel C ...