1
00:00:00,000 --> 00:00:04,117
A value is an estimate.
Estimated value, not a precise answer

2
00:00:04,117 --> 00:00:08,333
Assumptions move it.
Conservative · Base · Optimistic

3
00:00:08,333 --> 00:00:12,467
Growth is one input.
Growth assumptions affect value

4
00:00:12,467 --> 00:00:16,567
Cash flow is another.
Cash-flow assumptions affect value

5
00:00:16,567 --> 00:00:20,633
Compare the range.
A range makes assumptions visible

6
00:00:20,633 --> 00:00:25,633
Keep uncertainty visible.
Company research with context

7
00:00:25,633 --> 00:00:30,000
Fidusor. Research beyond a single number. Start free at fidusor.com.