DCF Calculator — Stefano Campita

📐 How DCF works A DCF model estimates a company's value by projecting future free cash flows and discounting them back to present value using the Weighted Average Cost of Capital (WACC). The terminal value captures all cash flows beyond the projection period.

See the formula

DCF Value = Σ [FCF_t / (1+WACC)^t] + Terminal Value / (1+WACC)^n

Terminal Value = FCF_n × (1 + g) / (WACC − g) — where g = perpetual growth rate

Inputs

Company Financials

Revenue (last 12M) in millions $

EBIT Margin %

Tax Rate %

D&A % of revenue

Capex % of revenue

Change in Working Capital % of revenue

Growth Assumptions

Revenue Growth — Years 1–5 %/year

Revenue Growth — Years 6–10 %/year

Terminal Growth Rate %

Discount Rate & Capital Structure

WACC %

Projection Years

Share Data (Optional)

Net Debt $M

Shares Outstanding M

Current Share Price $

Fill in the inputs and click
Calculate Intrinsic Value

Free Cash Flow Projection

📊 Sensitivity Analysis — Intrinsic Value per Share ($)

WACC (columns) vs Terminal Growth Rate (rows)

Model Assumptions

⚠️ This tool is for educational and illustrative purposes only. DCF models are highly sensitive to input assumptions. This is not financial advice. Always conduct your own research.

How to Use This Calculator

1. Enter Financials

Input the company's revenue, margins, and capital expenditures. You can find these in the latest 10-K or earnings release.

2. Set Your Assumptions

Growth rates and WACC are the most impactful inputs. Use the sensitivity table to understand how they affect the valuation.

3. Interpret Results

Compare intrinsic value to the current share price. A margin of safety of 20–30% is recommended before considering any investment.