Intelligent Investor's Notes

Discounted Cash Flow (DCF) Analysis Excel Template (v1.10)

Yesterday I have posted the v1.02 analysis template with various update on the Financial Statement Analysis Template and I have used the said template to perform financial statment analysis on APOLLO.

Today, I make an intiative to incorporate the DCF valuation to the excel template. You can click here to access the said template on the One Drive.

 

The V-DCF worksheet is a new valuation worksheet that I created based on the existing Financial Statement Analysis Template and all the required data will be auto picked by the V-DCF worksheet after you filled in the purple colour input worksheet as per specified in Financial Statement Analysis Template.


The V-DCF worksheet will perform valuation against different type of free cash flow i.e. FCF, FCFF, FCFE and Owner Earnings. (Read Cash Flow Statement Analysis if you not sure what is FCF.) The user can key in the self defined cash flow and check out the calculation result too.

You can review the data setup sections in order to confirm all of the inputs. Please refer to DCF writeup if you not sure about the setup in DCF Valuation. The input data can be override on the grey color cell. (It is similar to Financial Statement Analysis Template.)


After that, you can review the results for various free cash flow and check out what is the stock intrinsic value based on the DCF valuation on the  "Summary of Intrinsic Value" sections.


You can open the matrix to see the intrinsic value and MOS based on different growth rate and discount rate.




Or, review the "Calculation Details" to dissect the calculations



I hope this tools can help me to become a good hunter in bursa. And, I will develop more asset based or earning based valuations template in coming future.

Stay tuned.

Note: I have make some corrections on this version and upgrade it to v1.11. Please click here for details.


You may interest to read:-

Discussions
3 people like this. Showing 12 of 12 comments

AyamTua

if all the people took time to read this, pretty sure they make decent returns... some stocks can keep, some stock has seasons, some stocks are rubbish...... just like baby lah.... where can walk after birth???

take time and ponder on some worthwhile notes in this miserable market (yet can be bullish for some too!) ...

the mind must be open to all possibilities

spend time read quality stuff lohhh

2014-06-26 21:30

AyamTua

good notes so far, please take time study this sheet... even though im stupid in decision making skills, but yet... i still have desire to learn and study some worthwhile notes............ it pays and it helps too!

2014-06-26 21:34

AyamTua

spend some time.. study study study!

2014-06-26 21:50

Intelligent Investor

Ayam tua, i think i shouldn't be too difficult to understand the DCF and perform the calculation. The excel help to automate most of the calculations. But, the difficult part is how to estimate the growth and I believe no one can get a right estimation. And, this is the real challenge.

2014-06-26 21:59

Intelligent Investor

Note: I have make some corrections on this version and upgrade it to v1.11. Please refer http://intelligentinvestor8.blogspot.com/2014/06/dcf-analysis-excel-template-v111-to.html for details.

2014-06-26 22:02

nicholas1969

Hi Intelligent Investor, I am new to this website and came across the dcf analysis excel template which i am very interested to learn and understand the calculation. I have downloaded the excel template but i can't check and view the annual report from the klse.my. Why is it happen? Do I need to register in klse.my in order to view the detail reports? Kindly help.

2014-07-01 22:52

Intelligent Investor

Hi Nicholas,

You are encouraged to refer to my post - http://intelligentinvestor8.blogspot.com/2014/06/analysis-template-v102-and-answer-to.html to look for the annual report.

So far I haven't facing any issue to download the report.

The data for PTARAS (which showed in the my excel template) was downloaded from http://www.klse.my/stock/result/annual/9598.jsp#stockDetailDiv

And, this is one of the sample - Annual Report FY 2013
http://www.klse.my/staticFile/327313.jsp

Give a try and happy value investing.

2014-07-01 23:35

nicholas1969

Hi Intelligent Investor, I have tried again to download from http://www.klse.my/stock/result/annual/9598.jsp#stockDetailDiv, but still unable to see the annual report.its just stop at 50% initialising...
a)Do I need to set the date of which financial year that I want to see, example. for FY 13; do I need to select Jun 2012- Jun 2013?.
b)On the column of view the annual report, I found out that there is a drag down button where I can select the "no filter", "Begin with",,etc. Which one shud I select?Kindly help.

2014-07-02 11:53

Intelligent Investor

Hi Nicholas,

I just click the view annual report icon on the year that I need to view on http://www.klse.my/stock/result/annual/9598.jsp#stockDetailDiv and I didn't select the "no filter", "Begin with",,etc.

I never encounter the issue which you mentioned.

You may want to try it on another web browser or computer.

2014-07-02 13:57

nicholas1969

Hi Intelligent Investor: Still cannot download but I think is ok, i can access the annual report from bursa malaysia. Anyhow I have encountered another problem, after i saved the excel template to my computer and when i use it later, I cant open the template file from my computer. Why? What should I do?

2014-07-03 22:28

Intelligent Investor

Hi Nicholas,

I am not sure what is the problem. You just have to open the file with excel once you download it.

2014-07-04 09:53

eFinancialModels

Looks like an excellent model. See additional examples https://www.efinancialmodels.com/

2017-03-26 23:17

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