Running The Numbers: Amazon Looks Expensive [View article]
So you used Amazon's revenue CAGR for the last three years, 28%, to project forward two more years to 2010, then slashed that to a 5% terminal growth rate from 2010 to the end of time, comparable to the growth rate of a large industrial company.
I wonder why your valuation came out below the market value?
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So you used Amazon's revenue CAGR for the last three years, 28%, to project forward two more years to 2010, then slashed that to a 5% terminal growth rate from 2010 to the end of time, comparable to the growth rate of a large industrial company.
Sep 27 02:09 am
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All Comments by Andrew Krainin »Running The Numbers: Amazon Looks Expensive [View article]
I wonder why your valuation came out below the market value?