Subject: Re: DG on sale today
Hi Jim.
One I've been looking at, what are your thoughts on eps growth % over the next 5 years and terminal multiple?
I took $10 eps x 8% @ 5 years x 20 multiple giving s share price of 293 about 12.6% compounded from here.
Eps seems to have stalled somewhat in the last 3 years which explains the slip in multiple from 25 to 15 ish.