Build a comprehensive DCF model for {{TICKER}}: 1. Revenue Build: - Historical revenue by segment (5 years) - Growth drivers and TAM for each segment - Consensus estimates vs. your projections with reasoning 2. Margin Analysis: - Gross margin bridge (pricing, mix, input costs) - Operating leverage assumptions - Path to target EBITDA margin with timeline 3. Capital Requirements: - CapEx intensity (% of revenue) and maintenance vs. growth split - Working capital trends (DSO, DIO, DPO) - M&A strategy and deployment capacity 4. Discount Rate: - WACC calculation with all assumptions - Beta selection rationale (levered vs. unlevered, comps) - Country/size risk premiums if applicable 5. Terminal Value: - Exit multiple approach vs. perpetuity growth - Implied terminal FCF yield - Sensitivity table (WACC vs. terminal growth) Output format: Summary table with base/bull/bear scenarios and key value drivers.