關於 discounted cash flow ，我們在網路上蒐集到這些相關的討論、資訊與評價

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關於discounted cash flow 在積God投資日記 Facebook 的精選貼文
關於discounted cash flow 在 Shark Phạm Thanh Hưng Facebook 的最佳貼文
關於discounted cash flow 在 Facebook 的精選貼文

關於discounted cash flow 在 Thai Pham Youtube 的最佳解答

discounted cash flow 在積God投資日記 Facebook 的精選貼文

2021-06-13 10:56:13 有 16 人按讚

#DCF估值模型手把手教學

如果給你兩種100萬的選擇，你會選今天的100萬？還是10年後的100萬？

正常人一定會選今天的100萬，因為10年後的100萬購買力會因為通脹而下降。

所以 DCF（Discounted Cash Flow) 簡單來說就是「打折之後的現金流量」。故名思議，就是把未來的現金流量，用利率（折現率）進行打折，折算成今天價值(現值)的一種方法。

透過這個方法，不論多麼複雜的現金流，只要用適合的利率，把它轉換成現在的價值（現值），就能對一間公司或是任何資產進行合理的價值評估。

✅DCF可以帶給我們3點思維方式，當你用上模型就會知道

1. 成長是價值的一部分
2. 企業經營能否持久是比成長更重要的事
3. 企業經營中面臨的風險因素（體現在折現率上），也是決定企業價值非常關鍵的部分

🔥現時做DCF估值無需再靠人，積God自家FCFF模型經過改良後，會員只需要輸入簡單3個步驟（包括相關數據的Sources教學)，就能計算企業的估理價值，簡單易明。

🌟加入Patreon 月費只需USD$10, 年費15% off

✅模型下載及手把手教學
https://www.patreon.com/posts/52285758

其實之前Patreon都有不少運用DCF估值的例子：

談談AMZN 現金週轉天期(CCC)及PFCF+DCF估值
https://www.patreon.com/posts/51163466

阿里巴巴Q4業績及DCF估值更新
https://www.patreon.com/posts/51240971

更新騰訊DCF估值及劵商SOTP估值參考
https://www.patreon.com/posts/51516126

AAPL現價估值(FCFF)如何?
https://www.patreon.com/posts/52247947

Tags: discounted cash flow DCF估值模型手把手教學

積God投資日記

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積God從事銀行業，對股票及公司財務分析略有心得，在此分享港美股及IPO看法和估值分析，亦歡迎大家互相交流。

discounted cash flow 在 Shark Phạm Thanh Hưng Facebook 的最佳貼文

By Shark Phạm Thanh Hưng

2021-05-19 19:00:00 有 3,450 人按讚

⚠️ ĐỊNH GIÁ STARTUP: 5 NGƯỜI 10 CÁCH LÀ SAO? ⚠️
Bấy nay nhiều bạn inbox hỏi là shark Định giá theo cách nào, tại sao kêu cao thấp, ngáo giá...
Nay tôi tóm lược nhanh vài pp cơ bản như sau: (chi tiết các bạn tự tìm hiểu nhé).

1️⃣ Phương pháp So sánh: Định giá theo P/E hoặc EPS – so sánh với các mô hình tương tự, cùng ngành. Cái này phải hiểu về tài chính, về EBIT/ EBITDA… nhưng áp dụng thì lại khá dễ.

2️⃣ Phương pháp Đầu tư/ chi phí: Start Up đã bỏ ra bao nhiêu tiền, kết quả thu lại được gì rồi. Nếu chưa làm được gì có giá trị, thì doanh nghiệp đó thuộc loại “Không Có Gì Quý…”

3️⃣ Phương pháp Tài sản: Đọc BS (bảng cân đối tài sản): một bên là Tổng tài sản, chổi cùn rế rách cộng lại – bên kia là Tổng nguồn vốn gồm vốn chủ sở hữu và vốn vay, đặc biệt quan tâm tới thặng dư vốn chủ sở hữu (nhờ kinh doanh có lãi chưa phân bổ hoặc các đợt gọi vốn “được giá” trước đó). Vấn đề là có nhiều thứ trên sổ sách thì có giá trị, nhưng ngoài thực tế thì đã bay hơi, hoặc ngược lại.

4️⃣ Phương Pháp Chiết khấu dòng tiền (DCF – Discounted Cash Flow): Dự báo doanh thu/ lợi nhuận tương lai và quy về hiện tại với mới tỷ lệ chiết khấu nhất định (tỷ lệ này gọi là R – Lãi suất chiết khấu, có liên quan tới tỷ suất hoàn vốn nội bộ IRR kì vọng). PP này đòi hỏi phải có dòng thu nhập ổn định và có thể dự báo. Chứ Start UP vừa thành lập chưa có Doanh số, lợi nhuận – mà tự dựng kịch bản doanh thu tương lai để chiết khấu về hiện tại thì bị mắng là “Ngáo DCF” cũng không oan

5️⃣ Phương pháp Thặng dư: Thường dùng để định giá BĐS, nhưng có thể áp dụng cho Start UP: bạn đang có gì, shark bỏ tiền vào đầu tư thì bạn dùng tiền ra sao và thặng dư thế nào…

6️⃣ Phương pháp Cộng hưởng: Cái này các Shark hay dùng, đó là khi Start UP gặp được tri kỷ, Chân Ái, hay Hệ Sinh thái của shark X ,Y…, thì 1+1 có thể bằng 5 bằng mười, đó chính là gặp Gió Đông 

7️⃣ Phương pháp Cơ hội: Cái này thâm lắm, chỉ shark biết. Chính start up cũng có thể chưa nhìn ra, nhưng Shark nhìn ra, kiểu “mua người xem tướng” của Shark gì ngồi giữa là chiêu này. Chuyện ngụ ngôn có câu “Mua mèo hen, xin đĩa quý” là vậy.

8️⃣ Phương pháp vô hình: Giá trị nhân văn, ý nghĩa xã hội, yếu tố cộng đồng… Cái này thì định gía tuỳ khả năng diễn xuất và tâm trạng của Shark.

9️⃣ Phương pháp GMV: Thường dùng để định giá nền tảng, xem khả năng tăng trưởng thế nào, tốc độ acquire người dùng ra sao… rồi từ đó, tính x lần GMV (lưu ý: x có thể …nhỏ hơn 1)

🔟 Còn nhiều lắm…. các bạn bổ sung thêm nhé!!!
#TeamSharkHung

Tags: discounted cash flow TeamSharkHung

Shark Phạm Thanh Hưng

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Page Chính thức của Shark Phạm Thanh Hưng chia sẻ về kinh doanh và khởi nghiệp Cont

discounted cash flow 在 Facebook 的精選貼文

2021-03-25 00:31:50 有 218 人按讚

［大姆指尋找馬蘭頭］四千幾字。再講一次點解我冇教書。而明顯如果我仲教緊書，會比而家更富貴，但我全無後悔。因為而家過癮好多，教書就冇呢個 Page，就冇你地了。大吉利是我死撚咗，咪得一百幾十個學生加一百幾十個舊生唔開心。而家唔同，「Patreon畀咗年費嗰啲一定記得我」

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告個急先：Ivan已被炒，已成失業人士。未訂嘅記得訂Patreon，積小成多呀。訂咗嘅可以考慮加碼（https://bityl.co/4Y0h）。一星期至少出返六篇文．月頭訂最抵！月費80
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1. 之前寫過「安雅會談」（https://lkdin.io/3LYM）（唔睇舊文當全新故事聽亦得），反應唔太好，睇返篇文的確麻麻地。咁點？寫多次！呢間「大姆指」執笠（做埋呢幾日），注定我要寫多次「安雅會談」。

2. 實在唔想雙春悲秋咁寫咩「一個時代嘅終結」，亦唔係咩「童年回憶」。但的確，如果我成咗名，第時就會有人去呢度尋找返我足跡。正如《緬甸尋找奧威爾》一樣，我去仙台尋找魯迅（https://lkdin.io/3LYN），亦都去東京明治神官野球場尋找村上春樹（仲去埋神戶嘅Pinocchio酒吧）（＊）。呢間咁嘅「大姆指」，係我唔教書走去做金融嘅轉捩點，然後就差不多廿年。一切就由呢度開始。再講一次，我成咗名，呢度就變景點。

3. 上次寫「我自信有日如願　縱使天高地厚　仍被我逆轉」（https://fbook.cc/3NSr），反應不錯。第一日返工同我食飯嘅三個中學同學，到我Last Day又在同一個地方同我食。當中科學家L君而家正職渣鑊鏟副業補習天王，T君同我一樣做金融，呢篇文會再出場。

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4. 冇人係一出世想做金融的，正如冇人一出世想渣鑊鏟。我個年代嘅新界牛屎仔，係冇咁嘅嘢的。聽聞早前啲小朋友話細細個想做ibanker，我覺得真係錯撚晒。你不如想大個做雞丫。我知職業無分貴賤笑貧不笑娼，但都真係唔使立志的。而家啲小朋友好似話想做KOL 或者想搞 Start up，「仲衰過做雞」「等於畀人免費上」。

5. 我地年代嘅我的志願，都係嗰幾味，科學家啦，醫生啦，運動員都有嘅，歌星就多數唔敢寫落文。而我地幾個，唔係虛偽到會寫我的志願做教師咁刷鞋（我唔同虛偽嘅人為伍）—但偏撚偏就齊齊教撚晒書！命運就係咁神奇。一路都好相信「大家命中注定成為自己細個討厭嘅人」，雖然冇乜科學根據。

6. 點解我地教咗書？我都唔知，但又係偶然中嘅必然。肯定唔係由細到大嘅理想，但玄啲講，唔係我地選擇咗教書，係教書選擇咗我地。我地三人，共通點冇乜，但都可以勉強搵：三大畢業啦（＊＊），唔靚仔啦（重要，因為求職），不太presentable 啦，有啲稜角啦，憤世嫉俗啦。正面啲嘅？叫做鍾意睇書啦，成績還不錯啦—呢啲咁嘅 Profile，加埋2003年沙士嘅就業市場，去咗教書，真係十分合理。提返你，當其時一個GM（學位教師，但有學位嘅唔一定係學位教師，而而家做得學位教師既又好少冇學位），萬八定萬九蚊人工。

7. 而早少少，因為佢兩位介紹，我甚至有在元朗教夜校嘅經驗。（而家仲有冇夜校？）。教會考班呀，好似五舊水定一千一晚？但一個星期好似得一兩晚。最頂癮係，本人就教數學物理，L加就教化學生物，T君就英文經濟—You see？根本成間嘢就係我地三條友教晒

8. 總之，2003年夏天，我地三個都叫做教緊書，就在呢度舉行咗，改變咗我地各自生命嘅，安雅會談。至少係改變咗我。

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9. 2003年嘅夏天，沙士嘛。第個唔知，我真係悶出鳥來，但又好似冇固定女朋友。沙士一早停課，我當年教中五中七，噢耶，停完課就study leave，之後佢地就考試。我白白玩咗半年手指拎咗半年人工，日日在屋企睇有線播友坂里惠嘅金田一，以及打紅白機模擬器。悶到好似日本料理咁出汁。

10. 我嘅生命，亦係差不多。2003年，25歲。拖拍過，愛做過（咪話1998年2月14號港大太古堂801室下格床咯，我成咗名就有人返去打卡！），書教過，歐洲去過，日本未去過，儲蓄係零，甚至負（少量卡數），拎緊萬八萬人工。工作經驗？亦係零，甚至負。真的，對非教書嘅工嚟講，你教書嘅經驗等於零，甚至負—因為啲人覺得教書嘅人都忽忽地，同社會脫節—事實亦係。理想？冇。夢想？冇。同期啲同學？樓都買埋。仔都生埋。你三條友去食大姆指。

11. 但你當係棋局，或者牌局咁，嗰時我地副牌雖然唔太好，但都仲係開頭初頭，勝在仲有無窮可能，仲可以搏同花順。而家呢？大家42歲，牌開咗唔少，冇想像中咁爛，唔係十三不搭積 pair—無—無但亦知道冇乜可能有咩大牌食得出，至少我冇。

12. 我由頭到尾都係個比較保守嘅人（風險厭惡度，唔係講性觀念）。安雅會談之前嘅幾年，即係我畢業後，喂大佬，我真係想搵份兩皮嘢嘅工架咋。請恥笑，當時我以為我可以做一世的。咁到安雅會談嘅2003年，教緊書啦，萬八九人工，年年加，兩三四皮根本指日可待。串啲講句，老校個計劃有我，我肯騾仔嘅，SGM（傳說中嘅「主任」）位，必有我份。咁你可以睇下一個SGM幾錢人工。嚇撚死你呀

13. 所以，當時我嘅想法，一定係「唔好搞咁多嘢啦」。「我個個月拎份糧去供盈富基金好過啦」（＊＊＊）。

14. 但，嗰次安雅會談，不著邊際吹咗一輪水後，朋友T忽然間嚟咗句：「拿，咁之後點先？」。朋友L當然都係答「屌佢老味梗係玩撚大佢啦」，但我當然都係「慢慢儲下子彈先」「拿我過幾年SGM架啦，唔好搞咁多嘢啦」「拿個個月供下盈富基金咪好咯」

15. 然後，朋友T對我呢啲答案唔多滿意。佢嘅特色係會迫人埋牆角，佢唔接受我呢啲和稀泥嘅答案。你人生為乜？為錢嘛，講，幾多？為女人嘛，咁講，想要乜？（係咪好似啲乜乜正能量課程咁呢！我們要乜？要錢要女人！幾時要？現在就要！）

16. 真的，佢無啦啦，同我講起安雅。你自己Google邊個係安雅，應該嗰期出事畀人拉咗。我好奇怪佢會同我講起安雅，因為朋友T向來都唔多講呢啲女色嘅話題。但佢就係話我知，拿，你咁搞落去呢，畀你SGM，安雅都係 out of reach的。我想想，好似有啲道理。

17. 然後佢話我知，一切都應該量化—先有個目標。就當你晚晚要搞明星，咁你咪計下要幾錢，然後計個discounted cash flow．

18. 原諒呢啲對話咁物化女性，我好肯定朋友T係為咗投我所好先咁講的。但大家真係唔好錯重點，重點根本唔止係安唔安雅，事隔十年，係連詩雅又好，衞詩雅又好，根本不重要。安雅就只係一個token，一個icon，一個dummy variable，一個placeholder．佢就代表住所有慾望嘅投射。名利權色，酒色財氣，貪嗔癡，求不得苦。

19. 咁，我係人嘛，人就梗係有慾望架啦。咁咪去追求點滿足呢啲慾望咯（係咯，啲色魔好似都係咁諗嘢的）。

20. 無論如何，並唔係好似拍戲咁，第二日我就返學辭職，另外仲發生咗唔少事。但總之，之後嗰年，2004年嘅7月2日（咩日子？我25歲生日嘅翌日，舊文有講），我就在慈雲山學校村保良局何蔭棠中學部電梯，當住個女同事面（冇錯，早排見報嗰位！），同校長（亦冇錯！早幾年見報嗰位！）辭咗職。

21. 2004年9月1日（咁你都要問點解9月1日？），夏愨道美國銀行中心21樓招商銀行香港分行，我就開始咗金融界嘅第一份工。如果係拍續集嘅，會見到我同一個光頭鬼佬刷身而過，嗰條鬼佬就係後來我在耆英證券嘅老細占士咖啡—冇錯，嗰時耆英證券仲係在美國銀行中心。
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22. 要解釋我點解唔教書去咗做銀行，都真係有啲難，有唔少唔同嘅事件。有人以為我追搣時不遂所以唔教書—前半啱，但我只係打算離開教嗰緊學校啫，我大可以去第間教。後來見工都總有人問，我總會有答案，嗰啲中環廢話你都唔想聽，但唔係完全假 — 我假假地讀精算，又Master in Financial Mathematics，中環都未返過，就甘心在學校村，同班友玩宮心計奶校長屎忽（仲要幾臭下）摶SGM然後好彩升副校做埋校長咁一世？

23. 定係我地可以試下啲其他嘢？

24. 如果講我只係貪戀中環嘅酒色財氣，又好似講得太簡單。不如我用個全新角度講，過癮。做人嘅嘢，最緊要好玩。人其實天生賓放貪玩。

25. 我早早已經決定唔做精算師，應該話佢早早排除吴我，主要係我冇能力，亦冇興趣，我冇能力嘅嘢我自然冇興趣，令我生活冇咁痛苦。T君嗰時已經話，得罪講句，你唔做精算師，對個世界冇乜損失。的確如此，雖然如果我做到，我可能會畀而家更有錢。但個重點係：冇咗埃汾ASA FSA，呢個世界係唔會有丁點不同的

26. 然後，教書。同好多人估嘅唔同，根據合理估計，如果我一路教緊書，我而家嘅身家應該更豐厚 —留意我講身家，即係net worth，唔係收入。因為，如果我一路教緊書，無論如何我點都會2005或2006年買樓（＊＊＊＊），但現實中嘅我2013年先買，呢度已爭一截。再加上我唔會出現啲轉工或被炒要沽股票之類。

27. 冇錯，我就係話你知，根本就唔係因為錢，正好相反。我仲教書嘅，而家一定更多錢—但我嘅人生一定少好多樂趣，你地都少好多樂趣，因為根本唔撚會有君子馬蘭頭。我啲教書嘅朋友，自己Facebook 都唔多敢講嘢。如果我唔教書嘅，社會有少少損失，但我嘅人生就冇咁過癮，你地亦睇少好多嘢。

28. 所以最後，好似而家咁，幾咁好呢？我照樣可以春風化乳有教無淚誨人好倦將啲後生仔打成一片片。錢係少咗啲，但過癮嘛！大家話係咪？

29. To sum up：做精算師Ivan Li ASA FSA嘅（當我做到先啦），錢多過而家，但生活冇咁過癮，對社會貢獻係零。

30. 做李老師附加數學科主任李蛇 PGDE（＊＊＊＊＊），錢都係多過而家，生活更加冇癮，對社會貢獻有些少，但只係我教嘅一百幾十個學生，教廿年三十年，咪幾千個，記得你嘅有冇七十二個？

31. 而家變咗馬蘭頭CFA嘅，錢真係冇以上兩個選擇咁多。但，好撚過癮！最重要係，對個社會有貢獻。我Patreon寫文嘅宗旨，呢度都講下：好彩嘅你會贏到錢，但贏唔到錢至少你都學到嘢—就算worst case你學唔到嘢，你都會有啖笑下嘛！

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32. 再換個方法講，我係精算師，我死撚咗，有誰關心？冇。我係教師，我死撚咗，有誰關心？有嘅，我未失敗到啲學生要開香檳。但而家我死咗，呢度都話晒一萬幾千人關心我喎（當然仲有Patreon啲讀者）（特別係畀咗年費嗰啲！）。而反正，呢度唔少讀者，咪就係我以前嘅學生咯！（＊＊＊＊＊＊）

33. 正如我呢度寫咗5000字，為乜？唔通為錢？當然係為過癮。呢個亦係我同好多金融人唔同嘅地方。

34. 錢當然重要，但過癮都好重要，最好就當然係why not both．所以我開咗個Patreon，係我一生人做得有啲成績嘅三件事合理：Writing, Teaching, Finance。正係WTF

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35. 村上春樹式，有頭有尾，或者套戲交代返啲人物嘅現實結局咁。呢間嘢，燉奶佬集團，係十分之咁難食嘅。即使在美食地獄嘅屯門市中心，都真係劣中之劣，我已經好多年冇再食呢間嘢，反而你話咩太興麥當勞 MOS Burger 大家樂大快活我都食。但當年，一來可能未係咁難食，二來可能當時未食咁多好嘢。我相信係前者。無論如何，一間咁嘅嘢，可以屹立在時代廣場（屯門啦仆街，你不如問係咪紐約丫）廿五年，都真係一個奇跡。幾多人你想佢死佢都未死？幸好，我地三個嘅友誼，都outlast咗呢間劣食，已經三十年朋友，and still counting，For auld lang syne（然後諗起《無間道2》智叔吹口琴）

（＊）村上春樹鐵粉會知，啲友年年在嗰度睇諾貝爾文學獎結果，年年落空，十足十等安踏（2020）入藍籌咁 – 咦？！所以我話你知，村上春樹今年會拎諾貝爾文學獎。

（＊＊）我到而家都覺得發明「三大」呢個講法嘅香港科技大學，應該拎諾貝爾數學獎。我當然知諾貝爾冇數學獎啦，講Fields medal你咪又係 Google，咪又係要我括住「等同數學嘅諾貝爾獎」

（＊＊＊）真的，當時我已經有月供盈富基金！早過龔成！當時只係想買架車，所以當時叫做「Lancer基金」，後來目標越嚟越遠大，我話會變咗做「港女基金」，「新芬基金」甚至「移民基金」—結果都一一畀我做到，港女泡咗芬結咗民移咗。都話「我自信有日如願縱使天高地厚仍被我逆轉」，下一步，終極版，就係「勞蘇基金」。

（＊＊＊＊）點解係2005/2006年買？好簡單，嗰時有個rule of thumb，話教書嘅人，頭三年唔走，就之後教一世。因為人工太高，同埋同出面脫節。我2002年開始教書，計做GM就2003年。

（＊＊＊＊＊）所謂嘅教育文憑，並唔係PTGF嘅朋友，雖然唔少PGDE都要搵PTGF。又，當年PGDE收咗我的，錢都畀埋，但我去咗中環返工嘛。所以咪畀港大沒收我啲錢，好似都兩皮嘢？所以從來舊生叫我捐錢我都話一早捐咗。

（＊＊＊＊＊＊）都係忍唔住講。N年前有舊生帶我去唱K，真係十分之咁尊師重道，另外過時過節佢就send 啲乜乜流出相畀我，都唔使我開聲，呢啲咪好學生。又，其實我有幾個學生做咗O靚模，可惜佢地從來都唔嚟搵下我，嗚。見字記得PM我

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2021比別人知得多。subscribe now。Ivan Patreon，港美市場評點，專題號外，每日一圖，好文推介。每星期6篇，月費80，半年已1400人訂！（https://bityl.co/4Y0h）。年費仲有85折

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discounted cash flow 在 Thai Pham Youtube 的最佳解答

By Thai Pham

2019-01-22 21:00:06 有 12,700 人看過有 335 人喜歡

1. Phương pháp NWC (Networking Capital) - Mua cổ phiếu trong khủng hoảng.
Nếu ngày mai công ty phá sản và thanh lý tất cả tài sản để thu về tiền mặt và trả hết nghĩa vụ nợ thì cổ đông thu được bao nhiêu tiền trên một cổ phiếu.

2. Phương pháp Dòng tiền chiết khấu DCF (Discounted Cash Flow) hoặc Payback Time
Quy dòng tiền tương lai cụ thể về giá trị hiện tại, từ đó tính được sau khi mua một doanh nghiệp thì thời gian hoàn vốn là bao lâu.

3. Phương pháp mua 1 đô la với giá 50 xu
Xác định Giá trị thực (Sticker Price) và Biên an toàn (MOS) dựa vào 4 yếu tố:
- Lợi nhuận trên mỗi cổ phiếu (EPS) trong 12 tháng gần nhất;
- Tỉ lệ tăng trưởng EPS trong 10 năm tới
- Chỉ số PE trong 10 năm vừa qua
- Tỉ lệ lợi nhuận tối thiểu chấp nhận được (Minimum Acceptable Rate of Return - MARR)

► Bạn có thể nhập 4 yếu tố trên vào công cụ Resource Tool để tính toán: http://happy.live/resourse-tool/sticker-price-mos/

? hoặc tìm hiểu chi tiết ở sách "Payback Time - Ngày Đòi Nợ": http://bit.ly/ngay-doi-no-tiki

► Xem toàn bộ video CHIẾN THUẬT CHỌN MÃ CHỨNG KHOÁN tại: http://bit.ly/chien-thuat-chon-ma-chung-khoan-p2-youtube-full

Nguồn: The Quoc Khanh Show

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Thaipham Đầutưchứng KungfuChứng Làmthếnàođầutưthànhcông Làmthếnàođầutưchứngkhoánthànhcông Đầutưchứngkhoán Sáchchứngkhoán

Thai Pham

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Xin chào các bạn hữu! Chào mừng các bạn đã đến với Channel của Thai Pham Tôi giới thiệu sơ qua về bản thân mình một chút nhé! 1) Tôi tốt nghiệp MBA tại University of Hawaii – Hoa Kì, và hiện đang là doanh nhân, người sáng lập Happy Live – công ty chuyên về đầu tư, đào tạo & huấn luyện về đầu tư và kiến tạo xây dựng doanh nghiệp. 2) Tôi hiện đang là nhà đầu tư, quản lý quỹ hiệu quả với trên 15 năm kinh nghiệm đầu tư tại thị trường chứng khoán Việt Nam. 3) Mục đích tôi tạo ra kênh Youtube này được lập ra nhằm mục đích chia sẻ những giá trị, bài học kinh nghiệm của tôi với các bạn về: Đầu tư tài chính, chứng khoán, bất động sản; Phát triển bản thân, Phát triển sự nghiệp kinh doanh và làm giàu của tất cả các bạn. Hãy đăng kí kênh của tôi và thường xuyên tương tác với tôi những chủ đề bạn muốn tôi chia sẻ nhé! Bạn muốn đóng góp! Có thể email cho tôi ở địa chỉ: [email protected] Cám ơn các bạn

看看搜尋的結果吧：

discounted cash flow 在 Discounted cash flow - Wikipedia 的相關結果

In finance, discounted cash flow (DCF) analysis is a method of valuing a security, project, company, or asset using the concepts of the time value of money. ... <看更多>

discounted cash flow 在 Discounted Cash Flow DCF Formula - Calculate NPV | CFI 的相關結果

The discounted cash flow (DCF) formula is equal to the sum of the cash flow ... ... <看更多>

discounted cash flow 在貼現現金流- MBA智库百科的相關結果

貼現現金流（Discounted Cash Flow,DCF）貼現現金流是用來評估一個投資機會的吸引力的方法。指將未來某年的現金收支折算為目前的價值。未來現金流的現值必須通過重新 ... ... <看更多>

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In finance, discounted cash flow (DCF) analysis is a method of valuing a security, project, company, or asset using the concepts of the time value of money.

#2. Discounted Cash Flow DCF Formula - Calculate NPV | CFI

The discounted cash flow (DCF) formula is equal to the sum of the cash flow ...

#3. 貼現現金流- MBA智库百科

貼現現金流（Discounted Cash Flow,DCF）貼現現金流是用來評估一個投資機會的吸引力的方法。指將未來某年的現金收支折算為目前的價值。未來現金流的現值必須通過重新 ...

#4. 6 Steps to Building a DCF Model in Excel - Wall Street Prep

A discounted cash flow model (“DCF model”) is a type of financial model that values a company by forecasting its' cash flows and discounting the cash flows ...

#5. How does discounted cash flow (DCF) analysis work?

Discounted cash flow analysis model · DCF—Discounted cash flow, which is the sum of all future discounted cash flows that an investment is ...

#6. Discounted Cash Flow - an overview | ScienceDirect Topics

Discounted cash flow rate of return (DCFRR) is a measure of the maximum interest rate that a project could afford just by paying the TCI at the end of its life.

#7. How To Calculate Discounted Cash Flow For Your Small ...

Discounted Cash Flow (DCF) is a method of estimating what an asset is worth today by using projected cash flows. It tells you how much money ...

#8. Present value 4 (and discounted cash flow) (video) - Khan ...

#9. The Validity of Company Valuation Using Discounted Cash ...

This paper closely examines theoretical and practical aspects of the widely used discounted cash flows (DCF) valuation method. It assesses its potentials as ...

#10. Discounted Cash Flow Analysis | Street Of Walls

DCF is a direct valuation technique that values a company by projecting its future cash flows and then using the Net Present Value (NPV) method to value ...

#11. Pros and Cons of Discounted Cash Flow | Smartsheet

Discounted cash flow is a type of analysis that determines the value of a company or an investment based on what it might earn in the future.

#12. 貼現現金流(discounted cash flow) - 美股價值成長投資

貼現現金流(discounted cash flow，簡稱DCF) 是評估企業是否值得投資的一種方式。簡單地說，貼現現金流的原理是計算未來的現金收入(future free cash ...

#13. (PDF) Simulation discounted cash flow valuation for Internet ...

Discounted cash flow (DCF) is the most accepted approach for company valuation. It is well grounded in theory and practice. However, the DCF approach, ...

#14. What Is a Discounted Cash Flow (DCF)? | GoCardless

Discounted cash flow is a valuation method that is used to work out the value of an investment (asset, company etc.) based on its future cash flows. To do this, ...

#15. Masterclass: discounted cash flow - Association Of Corporate ...

Discounted cash flow (DCF) is an evaluation tool. Evaluation lies at the heart of all business and especially at the heart of treasury.

#16. 3.1 Bond Valuation - Discounted Cash Flow (DCF) Approach (1)

Discounted cash flow method means that we can find firm value by discounting future cash flows of a firm. That is, firm value is present value of cash flows ...

#17. Discounted Cash Flow Business Valuation: Advantages and ...

DCF Valuation is extremely sensitive to assumptions related to perpetual growth rate and discount rate. Any minor tweaking here and there, and the DCF Valuation ...

#18. Use Discounted Cash Flow Models to Make Capital ...

The discount cash flow model assigns a value to a business opportunity using time-value measurement tools. The model considers future cash flows of the ...

#19. Discounted Cash Flow Analysis: Tutorial + Examples - Lyn ...

Put simply, discounted cash flow analysis rests on the principle that an investment now is worth an amount equal to the sum of all the future cash flows it will ...

#20. Discounted Cash Flow (DCF) Analysis - Macabacus

The discounted cash flow (DCF) analysis represents the net present value (NPV) of projected cash flows available to all providers of capital, ...

#21. DISCOUNTED CASH FLOW在劍橋英語詞典中的解釋及翻譯

discounted cash flow 的意思、解釋及翻譯：the amount that an investment, company, project, etc. is worth now, based on calculating the amount…。了解更多。

#22. Discounted cash flow definition - AccountingTools

Discounted cash flow (DCF) is a technique that determines the present value of future cash flows. This approach can be used to derive the value ...

#23. What is Discounted Cash Flow (DCF) - Shopify

Discounted cash flow, or DCF, is one approach to valuing a business, by calculating the value of its future cash flow projections. The key to understanding ...

#24. Investment Appraisal and the Choice between Continuous ...

Keywords: Present value, Continuous and discrete cash flows, Distribution of ... Cash flows are usually discounted by the weighted average capital cost, ...

#25. Discounted Cash Flow Formula - Wave Accounting

Discounted cash flow is a measure of anticipated cash flow. These cash flow projections give a forward-looking view into a business's cash flow.

#26. The Discounted Cash Flow Model | The Motley Fool

The discounted cash flow model is used to value companies in the present based on expectations of future cash flows.

#27. Free Cash Flow Valuation - CFA Institute

Discounted cash flow (DCF) valuation views the intrinsic value of a security as the present value of its expected future cash flows.

#28. What is discounted cash flow and why is it important - Stessa

Discounted cash flow is a metric used by investors to determine the future value of an investment based on its future cash flows.

#29. Startup valuation: applying the discounted cash flow method ...

A long story short: when valuing a startup using the DCF-method, the value of future earnings will be discounted to their value of today. This ...

#30. Discounted cash flow for commercial property investments

2.1 DCF valuation involves projecting estimated cash flows over an assumed investment holding period, plus an exit value at the end of that period, usually.

#31. Discounted Cash Flow Valuation Method - Magnimetrics

The Discounted Cash Flow (DCF) method translates the expected future cash flows that we will likely receive into their present value.

#32. What is a Discounted Cash Flow (DCF) Analysis? - Definition

DCF estimates the present value of an asset or a company by discounting the operating cash flows that the firm is expected to generate in the future to ...

#33. Discounted Cash Flow | Encyclopedia.com

Discounted Cash Flow (DCF) analysis is a technique for determining what a business is worth today in light of its cash yields in the future.

#34. What Is Discounted Cash Flow? (Definition and Examples)

Discounted cash flow is a method a company uses to evaluate the future returns on investments it makes. The discounted cash flow formula ...

#35. How to Use the Discounted Cash Flow Model to Value Stock

The discounted cash flow model (DCF) is one common way to value an entire company. When you use the DCF to value a company, you are able to decide how much ...

#36. The difference between net present value and discounted ...

The DCF determines the attractiveness of an investment opportunity through an analysis utilising informed projections of future free cash flows ...

#37. Cash Flow Valuation: Part 4 of How to Value ...

Discounted Cash Flow (DCF) Valuation · Step 1: Understand Past Financial Statements and Business Operations · Step 2: Determine and Discount the Future Free Cash ...

#38. Discounted Cash Flow | Inc.com

Discounted Cash Flow (DCF) analysis is a technique for determining what a business is worth today in light of its cash yields in the future.

#39. Discounted Cash Flow (DCF) - Definition & Formula - Groww

Discounted cash flow or DCF is the method for estimating the current value of an investment by taking into account its future cash flows.

#40. How the discounted cash flow formula works | QuickBooks

The discounted cash flow formula can help a business or investor understand the value of a company, both in the present and the future. To do so ...

#41. Discounted Cash Flow - AlixPartners

to calculate the present value of the investment or business. DCF models are useful when a business is growing and cash flows are expected to change for several ...

#42. Definition of the discounted cash flow method - KMU.admin.ch

A company's value is often valued today by calculating the discounted cash flow (DCF). This method is not (just) based on the results ...

#43. Running a discounted cash flow analysis of your query results

You can also use DCF to calculate the net present value of a rate of return on your investment. This procedure uses the Q.CASHFLOW sample table. To run a ...

#44. What is the discounted cash flow (DCF) methodology? - ALLL ...

A discounted cash flow methodology in the context of ASU 2016-13 (Topic 326/CECL) is one way to estimate credit losses. Discounted cash flow (DCF) ...

#45. Watch for pitfalls of discounted cash flow techniques - PubMed

But a financial manager unaware of common misapplications of DCF techniques may make capital decisions with a hidden bias against long-term projects, an ...

#46. Chapter 8: Discounted Cash Flow Analysis - O'Reilly Media

The mid-year-convention discounts each cash flow by half a year. Year 1 is discounted by half a year (0.5), Year 2 by 1.5 years, and so on. The concept here is ...

#47. HOW TO PERFORM DISCOUNTED CASH FLOW ...

The Fig. 2 presents the graphical summary of DCF approach. The following three factors: free cash flows, discount rate and residual value are used in ...

#48. Discounted Cash Flow Calculator | Business Valuation - Zions ...

Among the income approaches is the discounted cash flow methodology that calculates the net present value (NPV) of future cash flows for a business.

#49. Use of Discounted Cash Flow Approaches in US GAAP ...

A discounted cash flow approach involves projecting a stream of cash flows for an item and then applying a discount rate to those cash flows to ...

#50. DCF Primer – Varsity by Zerodha

We use a valuation technique called the “Discounted Cash Flow (DCF)” method to calculate the company's intrinsic value. The intrinsic value as per the DCF ...

#51. Securities Litigation Report, Discounted Cash Flow ...

The DCF methodology requires judgment to estimate many model parameters such as future revenue growth rates, interest rates, profit margins and capital ...

#52. Discounted Cash Flow - Create DCF Valuation Model (7 Steps)

In other words, DCF valuation model uses the forecasted free cash flows of a company and discount them back so as to arrive at the present value estimate, which ...

#53. Discounted Cash Flow: A Theory Of the Valuation of Firms

書名：Discounted Cash Flow: A Theory Of the Valuation of Firms，語言：英文，ISBN：0470870443，頁數：157，作者：Kruschwitz, Lutz/ Loffler, Andreas， ...

#54. 11. Introduction to Discounted Cash Flow Analysis and ...

This module introduces concepts of discounting and DCF analysis for the derivation of project performance criteria such as net present value (NPV), internal ...

#55. discounted cash flow-翻译为中文-例句英语

使用Reverso Context: discounted cash flow method，在英语-中文情境中翻译"discounted cash flow"

#56. Discounted Cash Flow Calculator (DCF)

EPS - Earnings per share; · A - A coefficient equal to A = (1 + g) / (1 + r) ; · g - Growth rate; · r - Discount rate (equal to WACC); · n - Number ...

#57. Discounted Cash Flow - QuotedData

Some investors use Discounted Cash Flow (DCF) to value companies. The methodology involves forecasting future net cash flows into a business and discounting ...

#58. Discounting cashflow methods | nibusinessinfo.co.uk

Discounting cashflow allows you to put cashflows received at different times on a comparable basis - see discounting future cashflow.

#59. Business Valuation - Discounted Cash Flow - 360 Degrees of ...

Among the income approaches is the discounted cash flow methodology calculating the net present value ('NPV') of future cash flows for an enterprise.

#60. Discounted cash flow - Designing Buildings Wiki

The term 'discounted cash flow' (DCF) refers to a technique for valuing a business in terms of its likely cash yields in the future.

#61. DUAL RATE DISCOUNTED CASH FLOW ANALYSIS

Discounted cash flow (DCF), whether by capitalisation or by cash flow analysis, has many detractors because of a number of apparent problems such as the ...

#62. Discounted Cash Flow versus Internal Rate of Return - The ...

A lot of people get confused about discounted cash flows (DCF) and its relation or difference to the net present value (NPV) and the internal rate of return ...

#63. How to calculate the Discount Rate to use ... - For Entrepreneurs

This discounted cash flow (DCF) analysis requires that the reader supply a discount rate. In the blog post, we suggest using discount values of around 10% for ...

#64. Using Discounted Cash Flow Analysis to Value Commercial ...

Discounted cash flow analysis (“DCF”) is the foundation for valuing all financial assets, including commercial real estate.

#65. Discounted Cash Flow DCF Valuation | Udemy

Learn DCF valuation techniques wherein you shall understand the techniques right from scratch on a financial model.

#66. How to Discount Cash Flow - wikiHow

#67. How to Calculate the Residual Value in a Discounted Cash ...

How to Calculate the Residual Value in a Discounted Cash Flow Analysis With a Growing Cash Flow. A discounted cash flow, or DCF, analysis measures the value ...

#68. Summary of Discounted Cash Flow - DCF. Abstract

DCF means converting future earnings to today's money. The future cash flows must be discounted in order to express their present values in order to properly ...

#69. Financial Modeling - DCF Model - MS Excel

The cash flow that is generated by the business is discounted back to a particular point of time (thus the name Discounted Cash Flow ), usually to the current ...

#70. Multi-Period Discounted Cash Flow Rate - jstor

are not relevant in a DCF analysis except as they directly impact cash flows. There are few direct feedbacks from a firm's accounting numbers to its cash flows.

#71. Valuation via Discounted Cash Flow - Europhoenix

The two most common methodologies for valuing small and medium-sized companies are the Discounted Cash Flow (“DCF”) method, and the “Multiples” method.

#72. The Complete Guide to Building a Discounted Cash Flow Model

A discounted cash flow (DCF) model is a financial model used to value companies by discounting their future cash flow to the present value.

#73. Discounted Cash Flow as a Measure of Market Value - OnePetro

The discounted-cash-flow method has been used for years in the field of finance and banking. It has been gaining stature for several years in the money ...

#74. Step by Step Guide on Discounted Cash Flow Valuation Model

The discounted cash flow (DCF) model is probably the most versatile technique in the world of valuation. It can be used to value almost anything, ...

#75. Discounted Cash Flow Model

Building a discounted cash flow model (DCF) model introduces some of the most critical aspects of finance including the time value of money, risk and cost ...

#76. DCF - Discounted Cash Flow Analysis - Shark Finesse

'Discounted Cash Flow Analysis' - a technique which assesses present and future cash flows, usually from an investment proposal, and applies an 'interest' ...

#77. Discounted Cash Flow Analysis | Study.com

Discounted cash flows are used to evaluate investment opportunities. In this lesson, we will review the Net Present Value and Internal Rate of...

#78. Discounted cash flow presentation

Cash flows are discounted to take into account the fact that £1 000 to be received some time in the future is worth less today than £1 000 received ...

#79. Discounted cash flow (DCF) Definition | Nasdaq

Financial Terms By: d. Discounted cash flow (DCF). Future cash flows multiplied by discount factors to obtain present values. Most Popular Terms:.

#80. discounted cash flows model - Linguee | 中英词典（更多其他 ...

profitability using a discounted cash flow model (in other words, the present value of the expected future cash flows discounted at [...].

#81. How to Calculate Discounted Cash Flows with Python

The application of discounted cash flows is very wide: Valuation of your business project, insurance products, bonds, even companies.

#82. Business Valuation - Discounted Cash Flow

Among the income approaches is the discounted cash flow methodology calculating the net present value ('NPV') of future cash flows for an enterprise.

#83. Dividends, Earnings, and Cash Flow Discount Models - Fidelity

Discounted cash flow (DCF) valuation is based entirely on the internal dynamics of the company. It assesses every element of free cash flow the company is ...

#84. Accounting for Uncertainty in Discounted Cash Flow Valuation ...

expected future cash flows discounted to present value at the opportunity cost of capital” and noting that the discounted cash flow analysis has “been accepted ...

#85. discounted cashflow models: what they are and ... - NYU Stern

Use the Dividend Discount Model. (a) For firms which pay dividends (and repurchase stock) which are close to the Free Cash Flow to Equity (over a extended ...

#86. Discounted Cash Flow and Its Implication on Intangible ...

The value of intangible assets to be determined using discounting cash flow (hereafter. DCF) approach has been outlined in the accounting standards. There are a ...

#87. Discounted Cash Flow (DCF) and How Is It Calculated? - Blog

Discover what the DCF model is, its components, techniques, applications, how to calculate it, as well as its advantages and disadvantages.

#88. Discounted Cash Flow - Reference For Business

Discounted cash flow (DCF) is one of the most important concepts underlying financial decision making. Also known as the "time value of money," DCF applies ...

#89. Discounted Cash Flow (DCF) and Other Valuation ... - edX

In this course, we'll look at the various methods for conducting DCF valuations (no growth, constant growth and variable growth), source of input values and ...

#90. The relevance of Discounted Cash Flow (DCF) and Economic ...

The relevance of Discounted Cash Flow (DCF) and Economic Value Added (EVA) for the valuation of banks [Schön, Dennis] on Amazon.com.

#91. Discounted Cash Flow Method for Valuing International ...

The purpose of this study is to ascertain a company's value using the DCF method based on the projected future free cash flows (FCFs). This study adopts a ...

#92. 財經詞彙現金流折現法(Discounted Cash Flow，DCF)(D.18 ...

什麼是現金流折現法(Discounted Cash Flow，DCF)？現金流折現法用來估算一項投資、一家公司，或是一項資產的價值，基本概念是將未來的現金流折算為現值。

#93. Chargeout! Discounted Cash Flow Compared with Traditional

Discounted Cash Flow Compared. With Traditional Machine-Rate Analysis. General Technical Report. FPL-GTR-178. Madison, WI: U.S. Department of Agriculture, ...

#94. Cash Flow Outputs - HOMER Energy

A nominal cash flow is the actual income minus cost that HOMER anticipates in a particular year. A discounted cash flow is the nominal cash flow discounted ...

#95. the discounted cash flow internal rate of return - ACCA Global

These sessions on DCF cover the mathematics of discounting and how it is used to evaluate the worth of capital investment projects via an ...

#96. Valuation when Cash Flow Forecasts are Biased Working Paper

This Draft: October 2010. Comments Welcome. Abstract. This paper focuses adaptations to the discount cash flow (DCF) method when valuing forecasted cash flows ...

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