Skip to main content Skip to main content
Build 9 lessons

DCF Valuation in Practice

Build a complete discounted cash flow model from scratch. Learn to project cash flows, select discount rates, and stress-test your assumptions.

Before this course

These cover the assumed background. You can start here anyway — nothing is locked.

Understanding Valuation · Reading Financial Statements

Lessons in this course

Work through them in order, or jump to whichever fits where you are. Every lesson is free and saves your progress locally.

  1. 01The DCF Framework: From Theory to Model
  2. 02Projecting Free Cash Flow
  3. 03WACC: The Discount Rate That Makes or Breaks Your Model
  4. 04Terminal Value: The Elephant in the Room
  5. 05Sensitivity Analysis: Stress-Testing Your DCF
  6. 06Free Cash Flow: The Five Definitions That Matter
  7. 07The Four IRR Pitfalls: Why NPV Wins for Owners
  8. 08Reverse DCF: What Does the Market Price Imply?
  9. 09WACC Construction (Practitioner Depth)
Back to all journeys & courses