The Dividend Discount Model (DDM): The Black Sheep of Valuation?
Brian DeChesare
MAY 3, 2023
It’s not a likely interview topic, and it goes against my normal advice to focus on the core concepts , learn them very well, and skip the bells and whistles. If you think about a standard DCF, metrics like Unlevered Free Cash Flow and Levered Free Cash Flow are a bit “imaginary” – because no company distributes them to its investors.
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