Discounted Cash Flow (Part 1 of 2): Valuation

In this vide, I discuss the Discounted Cash Flow, or DCF, Model as an approach to estimating the intrinsic value of a company’s stock. I review the theoretical motivation behind the model and discuss the model’s required inputs, assumptions, and forecasts. I walk through building a basic implementation of the DCF model in Microsoft Excel. Part 2 of the video () shows the application of the basic Excel DCF model to a real firm, including illustrations of where to find data to supp