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Isabella Ying Zhou Section 02. United Stationers General Facts. United Stationers is the largest wholesale distributor of business products in North America Headquarter in Deerfield, IL Founded in 1922 CEO: Paul Cody Phipps. United Stationers WACC. United Stationers DCF Valuation.
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Isabella Ying Zhou Section 02
United Stationers General Facts • United Stationers is the largest wholesale distributor of business products in North America • Headquarter in Deerfield, IL • Founded in 1922 • CEO: Paul Cody Phipps
United Stationers WACC
United Stationers DCF Valuation
United Stationers REI Valuation
Why different Steady stage • The models will yield the same value if steady-state is achieved • sales are growing at a constant rate • EPAT from each dollar of sales is constant • NEA required for each dollar of sales is constant
Assumption changed DCF Valuation
Assumption changed REI Valuation