Advanced Multiples and Value Driver Formula

Mechanics of Value Driver Formula

File: Value Driver – Equity

 

Use the Value Driver with Stable Rates and Timing Analysis with Switches

File: DCF Timing

Compute EV from Free Cash Flow in Long-term Model

Value Driver – FCF 1

 

Value Driver with Stable Returns and Growth Rates

Value Driver – FCF 2

Value Driver with Two Stage Model

Value Driver – FCF 3

Problems with Beta and Measuring Cost of Capital

 

Use of Market P/E Ratio to Derive Cost of Capital

File: Economy Wide Cost of Capital

 

DCF Model

File: Integrated Electricity Model