DCF & WACC
Free cash flow, discount rates, terminal value and the checks that keep a DCF honest.
Core 5
- 01 Walk me through a DCF. Frequently askedInternAnalyst
- 02 How do you get from EBIT to unlevered free cash flow? Frequently askedInternAnalyst
- 03 How do you calculate the WACC? Frequently askedInternAnalyst
- 04 What are the two ways to calculate terminal value, and which is better? Frequently askedAnalyst Plus
- 05 When would you not use a DCF? InternAnalyst Plus
Intermediate 6
- 01 How do you estimate the cost of equity? Analyst Plus
- 02 Why do you unlever and relever beta? AnalystAssociate Plus
- 03 What is the mid-year convention? Analyst Plus
- 04 What would you get if you discounted levered free cash flow instead? Analyst Plus
- 05 How would a €10 increase in depreciation in year 4 change a DCF valuation? Analyst Plus
- 06 Should a small company have a higher WACC than a large one? Analyst Plus