VALUATION
確定性估值（SEC EDGAR + Finnhub）
RISK-ONDCF FV $69.29 · +345.3% VS SPOT
判定: strong-buy · DCF $69.29 (+345.3%) · method: DCF only
⚠ Cohort refused: no sector classification for VALE, so its peer set cannot be validated and is not published. · CapEx rejected: newest observation 2017-12-31 is 1461 days behind OCF 2021-12-31. FCF0 falls back to the OCF proxy.