Another DCF model I built for Bidu (reports financial statements in CNY but trades in USD)
This model handles two currencies with the conversion of CNY in USD for the last six months when the model was built.
Model was presented as 12 months investment plan for long position. Growth assumptions are derived from AI development, Inventory cost cut (NVDA chips), Cloud and the autonomous tech.
Price as of DCF built-up - $85.4
Price as of now - $93.05
8.96% price up (return)
(Not a investment recommendation, only for learning purposes)
This model handles two currencies with the conversion of CNY in USD for the last six months when the model was built.
Model was presented as 12 months investment plan for long position. Growth assumptions are derived from AI development, Inventory cost cut (NVDA chips), Cloud and the autonomous tech.
Price as of DCF built-up - $85.4
Price as of now - $93.05
8.96% price up (return)
(Not a investment recommendation, only for learning purposes)