DCF — discounted cash flows
business valuation from a free-cash-flow forecast with terminal value (Gordon model)
Parameters
Valuation
PV of forecast flows5 290 386,00 ₴
Terminal value14 623 750,00 ₴
PV of terminal value5 876 957,00 ₴
Enterprise value11 167 343,00 ₴
Year-by-year forecast
| Year | FCF, ₴ | Discounted FCF, ₴ |
|---|---|---|
| 1 | 1 380 000,00 | 1 150 000,00 |
| 2 | 1 587 000,00 | 1 102 083,00 |
| 3 | 1 825 050,00 | 1 056 163,00 |
| 4 | 2 098 807,00 | 1 012 156,00 |
| 5 | 2 413 629,00 | 969 983,00 |
DCF is sensitive to the discount rate: for Ukrainian businesses 18–30% is used due to country risk. Terminal value often contributes 60–80% of the valuation — sanity-check it with multiples.
Über DCF — Discounted Cash Flow
DCF — Discounted Cash Flow — Unternehmensbewertung per DCF: Free-Cash-Flow-Prognose, Diskontsatz, Endwert nach dem Gordon-Modell.. Business: Business-Tools. Nutzen Sie unsere Tools ohne Registrierung oder Softwareinstallation. Alle Berechnungen erfolgen in Ihrem Browser — Ihre Daten werden nie an einen Server gesendet.