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Originally published: 11/07/2016 13:07
Last version published: 02/02/2018 14:49
Publication number: ELQ-43096-2
View all versions & Certificate

Valuation: Free Cash Flow to Firm (FCFF) vs Free Cash flow to Equity (FCFE) Excel Model

Excel Valuation model that reconciles FCFF (Free Cash Flow to the Firm) and FCFE (Free Cash Flow to Equity)

by Prof. Aswath Damodaran
Professor at NYU Stern School of Business

47 reviews4,988 views|Start the discussion!|Bookmark

fcfefcfffinancereconcilevaluation

Description
User must define the following inputs:
- Earnings before interest and taxes
- Expected growth for next 5 years
-Expected growth after year 5
-Tax rate
-Debt ratio for the firm
-Cost of equity
- Pre-tax cost of debt
- Return on capital in high growth
- Return on capital in stable growth

- Prof. Aswath Damodaran

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This business tool includes
1 Excel Model

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• Alexander West(last updated: 10/11/2018 14:36)
  
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