LSE:DGEBeverage
Has Diageo (LSE:DGE) Fallen Far Enough To Be Undervalued?
Diageo stock has had a tough five years, with shareholders facing a decline of 43.9%, yet the current valuation signals are mixed as a Discounted Cash Flow (DCF) estimate points to sizeable upside while market multiples look closer to fair value.
Over the past 5 years the share price has declined 43.9%, which puts more focus on whether today’s price already reflects the weaker return history.
The new cost cutting program under CEO Sir Dave Lewis may support profitability and cash generation...