![Dheeraj on X: "Terminal Value | Perpetuity Growth & Exit Multiple Method https://t.co/SJwn3NsJaQ #TerminalValue https://t.co/0RL1z24MTO" / X Dheeraj on X: "Terminal Value | Perpetuity Growth & Exit Multiple Method https://t.co/SJwn3NsJaQ #TerminalValue https://t.co/0RL1z24MTO" / X](https://pbs.twimg.com/media/DHUwSdTXsAAhJDx.jpg)
Dheeraj on X: "Terminal Value | Perpetuity Growth & Exit Multiple Method https://t.co/SJwn3NsJaQ #TerminalValue https://t.co/0RL1z24MTO" / X
![SOLVED: 2021 2022 2023 2024 2025 EBIT 2.9 4.1 4.8 5.8 6.2 Depreciation 1.1 1.2 1.5 1.6 1.9 Tax 0.87 1.23 1.44 1.74 1.86 Net Capital Spending 0.5 0.8 1 1.2 2 SOLVED: 2021 2022 2023 2024 2025 EBIT 2.9 4.1 4.8 5.8 6.2 Depreciation 1.1 1.2 1.5 1.6 1.9 Tax 0.87 1.23 1.44 1.74 1.86 Net Capital Spending 0.5 0.8 1 1.2 2](https://cdn.numerade.com/project-universal/previews/e1ffee5c-34ee-4309-a095-7f3350eaf81d.gif)
SOLVED: 2021 2022 2023 2024 2025 EBIT 2.9 4.1 4.8 5.8 6.2 Depreciation 1.1 1.2 1.5 1.6 1.9 Tax 0.87 1.23 1.44 1.74 1.86 Net Capital Spending 0.5 0.8 1 1.2 2
![Why is the implied value at exit multiplied by 45% (Equity share ) in the IRR calculation below it? Isnt it already equity value? : r/FinancialCareers Why is the implied value at exit multiplied by 45% (Equity share ) in the IRR calculation below it? Isnt it already equity value? : r/FinancialCareers](https://i.redd.it/51za12b2bz271.png)