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