Boca Resorts Inc. Valuation Reveals Market Value Discrepancy and Sensitivity.
The article discusses how Boca Resorts Inc., a luxury lodging business, was valued using the McKinsey model. The final equity value was lower than the market value, with various reasons for this difference. Factors like assumptions greatly influenced the firm's value, leading to different scenarios being tested. The study ends by exploring possible reasons for the firm's market value.