Financial projection is required in valuation by discounted cash flow (DCF) model. However, justifying the financial projection is always not easy especially the projection of the top line revenue. Analysts face further difficulty when the revenue of a project is uncertain such as box office of a movie when you cannot rely on historical revenue. Our modelling by studying empirical data would help to provide insights on reasonable level of top line of your projection.
Full text can be download here: Valtech movie-box-office research
