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Posts by Andrew Stotz

How to Build a DCF Model: Step-by-Step Tutorial

How to Build a DCF Model

A DCF model projects a company’s future cash flows, discounts them to today’s value, and produces an estimate of what the business is intrinsically worth. It is the core analytical tool in DCF valuation, the method used by investment banks, equity research analysts, and corporate finance teams to value companies based on fundamentals rather than…

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DCF Valuation: The Complete Guide to Discounted Cash Flow Analysis

DCF Valuation: The Complete Guide to Discounted Cash Flow Analysis

A DCF valuation (discounted cash flow valuation) estimates what a company is worth today by projecting its future cash flows and discounting them back to present value. It is the most widely used intrinsic valuation method in investment banking, equity research, and corporate finance because it values a business based on its own fundamentals rather…

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