Investment Primer
Theme

Valuation Models

Interactive financial models to value companies using different methodologies

DCF Inputs
Adjust the parameters to calculate company valuation
15%
2%
25%
21%
10%
12x
5 years
DCF Valuation Results
Estimated enterprise value based on discounted future cash flows
Enterprise Value
$4.18M
Terminal Value
$5.05M
Terminal Value %
74.9%

AI Valuation Assistant

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DCF Model Assumptions
Understanding the key assumptions behind the DCF valuation model

Growth Assumptions

The model assumes that growth rates will decline over time as the company matures. Initial high growth rates typically moderate toward industry averages in later years.

Margin Assumptions

EBITDA margins are assumed to remain constant throughout the projection period. In reality, margins may expand with scale or contract due to competition. Consider adjusting this assumption for more mature companies.

Terminal Value

Terminal value represents the company's value beyond the explicit forecast period. This model uses an EBITDA multiple approach, which assumes the company will be valued at a multiple of its final year EBITDA.

Discount Rate

The discount rate represents the required rate of return and accounts for the time value of money and the risk of the investment. Higher risk companies should use higher discount rates.

DCF Model Limitations

  • Highly sensitive to input assumptions, especially long-term growth and discount rates
  • Does not account for potential changes in business model or disruption
  • Simplifies complex business dynamics into a few financial metrics
  • Terminal value often represents a large portion of the total valuation