DCF Valuation Model Added
by theorangedog on Jun.05, 2008, under Skills
I’ve uploaded a new model to the Models page of foquant.com. This model is a standard 5 period DCF.
Keep in mind that this model would be the aggregate tab in a workbook. A relatively more granular model would have probably between 5 to 15 more worksheets that feed into the DCF tab.
2 comments for this entry:




June 5th, 2008 on 7:59 pm
Hi,
I had a look at the workbook and i like how clean and intuitive it is. Given you are using a post-tax weighted average cost of capital I don’t think you should be including the interest expense in the free cash flow calculation.
Love the combination of finance and rugby.
Cheers
Sam
June 5th, 2008 on 9:58 pm
Sam-
Great point!
I sat here wondering what the hell you were talking about, then reopening my model I saw the mistake. That was a simple oversight on my part in hastily putting this model together… generally I could pull a slightly more condensed indirect statement and add interest back in (using a model more for aggregation than the calculation), generating a more accurate FCFF value to then discount with tax-adj WACC, but I didn’t do that here as I should have.
And, doesn’t everyone like rugby? All my friends do… ha ha
Thanks for stopping by, and I like your Yahoo valuation - especially the stand alone one.
Matt