Instead of using future free cash flow as in the traditional DCF model, the GuruFocus DCF calculator uses EPS without NRI as the default for the DCF model based on research that shows that ...

Discover how discounted future earnings are used to estimate a company's size by analyzing forecasted earnings and terminal values, discounted to present value.

Learn about unamortized bond discounts—what they mean, how they are accounted for, and what they reveal about bond pricing ...

Net present value (NPV) is a popular decision-making criteria used by firms to make key, crucial choices about how to ...

First, let’s be clear on what the discount rate is. If we consider valuation calculations as a two-step process, the first step is to determine the expected future cash flows from the pension scheme ...