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Here's how to activate the feature:. Estimates the illiquidity discount that should be applied to a private firm as a function of the firm's size and financial health.
Uses both restricted stock approach and bid-ask spread regression. This spreadsheet allows you to estimate the probability of distress from the bond price of a company.
Focused Valuation Models. Stable growth, dividend discount model; best suited for firms growing at the same rate as the economy and paying residual cash as dividends.
Two-stage DDM; best suited for firms paying residual cash in dividends while having moderate growth. Three-stage DDM; best suited for firms paying residual cash in dividends, while having high growth.
Stable growth, FCFE discount model; best suited for firms in stable leverage and growing at the same rate as the economy.
Two-stage FCFE discount model; best suited for firms with stable leverage and having moderate growth. Three-stage FCFE discount model; best suited for firms with stable leverage and having high growth.
Stable growth FCFF discount model; best suited for firms growing at the same rate as the economy. Two-stage FCFF discount model; best suited for firms with shifting leverage and growing at a moderate rate.
Three-stage FCFF discount model; best suited for firms with shifting leverage and high growth. Three-stage FCFF valuation model, also presented in terms of projected EVA.
A generalised FCFF model, where the operating margins are allowed to change each year; best suited for firms in transition. Estimates the value of equity in a bank by discounting expected excess returns to equity investors over time and adding them to book value of equity.
Troubled firms. Normalizes the earnings for a troubled firm, uising historical or industry averages. Estimates the likelihood that a troubled firm will not survive, based upon bond ratings as well as bond prices.
Generalized FCFF model that allows you to value negative earnings firms as going concerns. Private firms. Adjusts the discount rate cost of equity for a private firm to reflect the lack of diversification on the part of the owner or potential buyer.
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