Are Investors Undervaluing AstraZeneca PLC (LON:AZN) By 49%?
Does the May share price for AstraZeneca PLC (LON:AZN) reflect what it’s really worth? Today, we will estimate the stock’s intrinsic value by taking the expected future cash flows and discounting them to today’s value. We will take advantage of the Discounted Cash Flow (DCF) model for this purpose. There’s really not all that much to it, even though it might appear quite complex.
We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages…
