Still too highly valued for me.
••
@DerMartin Why? When do you think it is fair? With the following very conservative assumptions and the current FCF level, the fair value (105$) is significantly higher than the current price (69$), e.g. 1) FCF growth per year for the next 10 years: 5-6%; 2) Terminal Growth Rate: 2%; 3) Discount Rate: 10%
••