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FIN.7:11 - SoTA-Echoing

The public CFA free-cash-flow and multiples readings distinguish claims and comparison bases. Damodaran’s historical growth and terminal-value explanations connect sustainable growth to the investment that supports it. FIN.7 makes those constructions usable with explicit conditions. The IVSC public overview identifies engagement concerns without supplying full standards requirements. Changing the operating premise, claim or evidence reopens the estimate; a source’s historical numbers supply no current market inputs.