Valuing Alibaba (9988.HK): Using Discounted FCFE Method for Mature Growth Stocks
Introduction – Alibaba as a mature growth company In the world of growth investing, Alibaba is a classic fallen angel. Since its IPO a decade ago, the company has grown by leaps and bounds, with the stock price peaking at 298HK$ in October 2020. Subsequently the company’s growth rate has declined, resulting in a steadily … Read more