Equidam

APRIL 26, 2025

Valuation as a Process, Not Just a Number A common misconception is that startup valuation aims to pinpoint a single, definitive “right” number representing the company’s price. External analysis consistently confirms the inadequacy of book value for businesses driven by intangible assets and future growth expectations.

Discounted Cash Flow 59

Discounted Cash Flow Terminal Value Book Value Beta 59

Equilest

DECEMBER 3, 2022

Evaluating companies using the DCF (Discounted Cash Flow) method requires capitalizing the Free Cash Flows to the firm (FCFF) at the appropriate discount rate. - the weighted average cost of capital (WACC). . The two common definitions for FCFF are: Definition 1: FCFF=(EBIT×(1?TR))+D?LI?IWC.

EBIT 40

EBIT EBITDA Weighted Average Cost of Capital Discounted Cash Flow 40

Value Scope

SEPTEMBER 24, 2020

Will ESG assets be recorded on balance sheets one day soon, just as intangible assets such as goodwill and intellectual property are recorded today? Fixed definitions are hard to come by, and the scattering of websites, scorecards, speeches, podcasts, and white papers that mention ESG in many different ways do not help.

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130