Is the Discounted Cash Flow Calculator free?
Yes. It is completely free, with no sign-up, no watermark, and no usage limits.
Does it use a specific currency?
No. Amounts are currency-neutral and use the same unit across all inputs, so it works in any country.
How does a DCF work?
Project free cash flow for five years, add a terminal value for everything after (Gordon growth: FCF × (1 + g) ÷ (r − g)), and discount it all at your required return. Subtract net debt and divide by shares for a per-share value.
Why is the result so sensitive?
The terminal value is usually 60-80% of the total, so a one-point change in the discount or terminal growth rate moves the answer a lot. Try a range of inputs rather than trusting one number.