Free Cash Flow Model

Particulars

Shell Global

BG Group

Cost of Capital (k)

8.50%

2.49%

FCFE (0)

22,114

−1111

FCFE (1)

20,021

−1293

Growth Rate (g)

5.71%

−11.10%

Price (P)

717,341.4547

−9514.348786

(FCFE1/(k − g)