Still, BV discounted or not, doesn't change the computed value of a company too much (18 vs 25). Other variables like discount rate or a bad estimation of EPS change more the output of a simple model like that.
So I am very thankful for your input on how to think in terms of what income to expect from the company given auctions and sales.
Ann: Update - Kobe Auction June 2024, page-27
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