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Fortescue Ltd (ASX:FMG) Shares Could Be 48% Below Their Intrinsic Value Estimate

By Yahoo! Finance   |   Oct 31, 2024 at 09:33 PM EST
Fortescue Ltd (ASX:FMG) Shares Could Be 48% Below Their Intrinsic Value Estimate

Fortescue Ltd (ASX:FMG) is 49% undervalued compared to the analyst price target of US$18.61. Using the Discounted Cash Flow (DCF) model, future cash flows are estimated and discounted to present value.

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