← All Tools

Discounted Cash Flow (DCF) Model

Project future cash flows and discount them to present value to estimate company valuation. Adjust parameters with the sliders below.

Forecast Period
5 years
Discount Rate
10%
Terminal Growth
0%
Tax Rate
25%
DescriptionYear 1Year 2Year 3Year 4Year 5
Revenue
Growth %
Operating Expenses
Operating Margin %
Depreciation
EBIT$40,000$50,000$62,800$75,600$93,680
NOPAT$30,000$37,500$47,100$56,700$70,260
CapEx
Change in Working Capital
Free Cash Flow$33,000$40,500$50,100$59,700$73,260
Discount Factor90.9%82.6%75.1%68.3%62.1%
PV of FCF$30,000$33,471$37,641$40,776$45,489
Terminal Value$732,600
PV of Terminal Value$454,887
Total Enterprise Value$642,264

Need a professional 409A valuation?

Value8 provides automated, audit-ready 409A valuations using industry-standard DCF and other methodologies — free for startups.