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.
Over DCF — verdisconteerde kasstromen
DCF — verdisconteerde kasstromen — Bedrijfswaardering via DCF: free-cash-flow-prognose, disconteringsvoet, eindwaarde volgens het Gordon-model.. Business: Businesstools. Gebruik onze tools zonder registratie of software-installatie. Alle berekeningen gebeuren in uw browser — uw gegevens worden nooit naar een server gestuurd.