DCF Demystified

Start valuing a company in 7 days

Discover the 6-step process to value companies. Unravel the mystery to valuing Google, Microsoft, Amazon, and more.

I love this material!! I am not a finance or accounting graduate albeit having studied up to an MBA. The lessons fill and cement some knowledge gaps I had.
Your work is so easy to follow and understand as it provides crystal clear explanations.
Looking forward to all 7 lessons. I'm so glad I came across this.
Regards
Thobie

This FREE 7-Day Email Course will help you master valuation.

1. What is a DCF?

Learn why we use the DCF (discounted cash flow) tool to value companies, and why its the best overall tool.

2. Calculating Growth Rates

Discover the "right" way to determine usable growth rates.

3. Calculating NOPAT

Learn the foundations for calculating free cash flow.

4. Reinvestment

Every company MUST reinvest to grow, here we learn the best way to measure those reinvestments.

5. Calculating Free Cash Flow

Start to put all the inputs together to calculate free cash flow, the building block for valuation.

6. Discount & Terminal Rates

Learn how to determine the rates to discount Google's future cash flows back to present value. Huge impact on valuation.

7. Putting It All Together

Put everything together to start valuing companies and find great investments.

everything is a DCF model.The point is that whenever investors value a stake in a cash-generating asset, they should recognize that they are using a discounted cash flow (DCF) model.

DCF Demystified

Start valuing a company in 7 days

This FREE 7-Day Email Course will help you master valuation.

everything is a DCF model.The point is that whenever investors value a stake in a cash-generating asset, they should recognize that they are using a discounted cash flow (DCF) model.

Michael Mauboussin

Start valuing companies in 7 days.