Creating Shareholder Value and Advising Buyers and Sellers of Privately Held Companies
1. Creating Shareholder Value and Advising Buyers and Sellers of Privately Held Companies Presented by: W. James Lloyd, CPA/ABV, ASA, CFE 2009 Southeastern Accounting Show August 27, 2009
27. Basic DCF Formula Prepared for 2009 Southeastern Accounting Show August 27, 2009 Incomplete Work Product Page Value = CF 1 + CF 2 + … CF n (1+ r) 1 (1+ r) 2 (1+ r) n Where: CF = Net cash flow from operations r = Discount rate (WACC)