Here is my DCF valuation for Alphabet: [https://docs.google.com/spreadsheets/d/1z\_ZsFT5\_m7KVIllkJLMNr3YDa9DrNbRDIG0b7BXaDEM/edit?usp=sharing](https://docs.google.com/spreadsheets/d/1z_ZsFT5_m7KVIllkJLMNr3YDa9DrNbRDIG0b7BXaDEM/edit?usp=sharing)
I assume around 20% CAGR for the next 10 years and they keep their margins up at around 35% as well. To get around AI capex, I also assume some reasonable sales/capital ratio here. I'd love you guys to have a look at it and share me your perspective on it. Feel free to make a copy of it to play with it - in fact it's a damodaran's fcffginzu filled for alphabet. 'Input sheet' , 'Valuation Output' Sheet might be the ones you first have a look at for starters.
happy to get down for any discussion around it.
