3i Group Valuation

Undetailed 3i group valuation: Investment Company engages in PE and VC, so I only did dcf model not comparable companies analysis also. From our dcf model Icalculated intrinsic value as 47,87 while stock’s price was only 35,64, so we estimated growth potential as 34%. It has p/e ratio around 5-6 but profits does not seem constant and reliable for long term. My Valuation is attached as excel file.

on this valuation I did not cover all details due to lack of time because of my studies: Instead of using reinvestments and roe, I used growth years of past years for future growth rate assumption. I used exit multiplies method for finding terminal value, and I assumed that amortization and reinvestment have the constant growth rate as the average growth rates of past years, in more comprehensive valuations, percentages of amortizations and reinvestments regarding sales should be used.