The capex for this target company has been high in recent years is due to building a new facility(poultry production/processing), however its a rather "mature" business. If historically(last 3 years) has all been abnormally high capex, how should I incorporate this into my DCF? I was thinking I can stretch it to 7-10 yrs instead of 5, however would like some feedback from those in the industry. thanks!
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