
Learn discounted cash flow as a valuation method using future cash flows, time value of money, and risk, with four components: forecast period, cash flows, discount rate, and terminal value.
Explore discounted cash flow concepts, including intrinsic value, time value of money, discount rate, and learn to value businesses from future cash flows using forecast periods and terminal value.
Learn to structure a DCF in Excel with assumptions, forecast, discounting, terminal, and output sheets, emphasizing readability and a plan-before-calculation approach.
Build a complete weighted average cost of capital (WACC) model in Excel from scratch, learn each component, and explore debt, equity, debt-to-equity, and levered and unlevered beta.
Builds the wacc framework by calculating pre-tax and post-tax cost of debt, introducing methods and placeholder values, computing cost of equity via capm, and outlining current and target capital structures.
Learn to build a levered beta and WACC framework using comps median unlevered beta, target debt over equity, and tax rate to compute CAPM and inform DCF decisions.
Walk through the WACC framework in the Excel model, linking capital structure, levered beta, and tax shield to CAPM and DCF valuation.
Build a clean fcff forecast in excel by projecting revenue, ebit margin, depreciation, capex, and working capital for a five-year horizon to derive fcff.
Apply discounting to FCFF using WACC to derive present values, compute discount factors, and value terminal value with the Gordon growth model, yielding enterprise value.
Translate enterprise value into equity value via the equity bridge, compute intrinsic value per share accounting for cash, debt, and net debt, then analyze with a sensitivity table.
|| Unofficial Course ||
This course is designed to help you master Discounted Cash Flow (DCF) valuation using Microsoft Excel in a clear, practical, and hands-on way. You will learn how to build a complete DCF model from scratch, even if you are new to financial modeling.
The course starts by explaining the core concepts behind DCF valuation, including cash flows, time value of money, discount rates, and terminal value, and then translates those concepts directly into Excel-based models.
Throughout the course, you will work step by step in Excel to forecast cash flows, calculate free cash flow, determine the appropriate discount rate, and apply valuation techniques commonly used by financial analysts, investment professionals, and corporate finance teams.
You will learn how to structure your model properly, use Excel formulas efficiently, and create clean, professional financial models that are easy to understand and update.
The course also covers practical topics such as sensitivity analysis, scenario analysis, and common modeling best practices to help you avoid typical mistakes in DCF valuation.
By the end of the course, you will be confident in interpreting DCF results, understanding valuation assumptions, and presenting your analysis in a clear and professional manner.
Whether you are a student, finance professional, investor, entrepreneur, or business analyst, this course will give you a strong foundation in DCF valuation using Excel.
It focuses on real-world application rather than theory alone, enabling you to apply what you learn immediately in your career, studies, or investment analysis.
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