Terminal value | FVS podcasts

In this edition of the FVS Valuation Podcast, host Josh Shilts, CPA/ABV/CFF/CGMA speaks with Brad Cornell, PhD, of Professor of Financial Economics at the Anderson Graduate School of Management, University of California, Los Angeles. Josh and Brad discuss the concept of terminal value and how it can oversimplify and potentially inflate a company’s value. They also discuss an alternative to using steady state terminal values: long-term growth models. While these models may be more complex, they may offer a better