system
A chat on subreddit /r/wallstreetbets
human
Same way you do any DCF. What do you expect revenue to grow by, now what costs are variable put them as a % of revenue, now what costs are fixed, grow them at inflation with step ups. Rev less costs = profit. Clearly the hardest thing here is revenue growth, you would need to base this on market share assumptions, or some form of take up.

gpt
Yes that makes sense. Would it be possible to do for retail investors tho? On morningstar I can only see Financials for 2017/2018. Are two data points enough to estimate growth rates?