Institute of Equity.

Valuation & Math

Corporate valuation relies on discounting future cash flows to present value or applying market multiples. Here we break down the formulas and assumptions behind DCFs, WACC, and EV bridges.

DCF & Terminal Value

Gordon Growth vs. Exit Multiple approaches.

WACC Calculation

Cost of Equity (CAPM) and Cost of Debt mechanics.

Enterprise to Equity Bridge

Moving from EV to Equity Value mathematically.

Comparable Companies

How to select and weight trading comps.