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How does this work?
A valuation is an assessment of the value of one share in a company, it is not necessarily the same as the price listed in the sharemarket. You can use a variety of methods to value a company, Valuecruncher uses Discounted Cash Flow (DCF) analysis to help people create the valuations you see below.
Valuecruncher Valuation
88.55%
from latest share price
Your Last Valuation
| Valuation | Compared to price | Member |
 Created
|
Views |
|---|---|---|---|---|
| $19.59 |
88.55%
|
Valuecruncher | 09 Jan 2009 | 0 |
| $14.57 |
 -1.55%
|
KiwiEMH | 16 Jul 2008 | 48 |
| $18.93 |
24.62%
|
contrarian | 19 Jun 2008 | 35 |
| $15.08 |
-0.72%
|
TheCrunchBlog | 18 Jun 2008 | 166 |
Price History
Recent Comments
Company Details
| Updated: | 3 hours ago |
| Ticker: | TWX |
| Market: | NYSE |
This valuation is part of the following blog post:
http://blog.valuecruncher.com/2008/06/thinking-about-valuation-of-traditional-media/
Time Warner grew revenues from US$39.5 billion in 2003 to US$46.5 billion in 2007 – a 4% compound annual growth rate. Our assumptions of revenues for the next three years are US$48.0 billion in 2008 growing to US$52.0 billion in 2010. We have projected EBITDA margins increasing from 22% in 2008 to 25% in 2010. We have used a terminal growth rate of 2%. We calculated this terminal growth rate based on year three growth of 4% dropping to a 2% stable growth rate by year 10. We used a terminal capital expenditure number of US$4.5 billion. We have used a WACC (discount rate) of 8.5%.