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. The terminal value is estimated by applying a market-based multiple to a financial metric of the final projected year.

Discounted Cash Flow 59

Discounted Cash Flow Terminal Value Book Value Beta 59

Chris Mercer

MARCH 7, 2024

Factors to consider A number of factors may be appropriate to consider in valuing partial ownership interests. Items on the list may or may not be applicable in specific valuation situations. The value of the underlying enterprise or asset, if applicable. the standard of value).

Dividends 52

Dividends Appraisal Terminal Value Business Valuation 52

Equidam

APRIL 22, 2025

10] , [23] , [2] Discount Rate: The rate used to discount future cash flows is typically the cost of equity, calculated via the Capital Asset Pricing Model (CAPM): Cost of Equity = Risk-Free Rate + Beta * Market Risk Premium. [23] 1] , [21] , [23] , [29] The terminal value is estimated by applying a relevant market multiple (e.g.,

Discounted Cash Flow 64

Discounted Cash Flow Terminal Value Marketability EBITDA 64