The DCF (discounted cash flow) calculator estimates what a company is worth per share by projecting its future free cash flow and discounting it back to today. You can find it in the app under Valuation. Remember: a DCF is a model, not a verdict — the output is only as good as the assumptions you feed it.
Start by searching for a company in the ticker search box. The calculator pulls a full set of default assumptions from the company’s own financials — base revenue, shares outstanding, total debt, excess cash, and the current price.
Where company data isn’t available, a small label next to the assumption tells you the value fell back to a sector default or that there is no data. Treat those inputs with extra care before you rely on the result.
The Assumptions panel exposes the eight inputs that drive the model, each with a slider constrained to a sensible range:
Each slider shows the historical anchor value underneath, so you can always see how far your assumption drifts from what the company has actually delivered.
Choose a 5Y or 10Y projection horizon with the toggle, then press Run. The model builds a year-by-year projection — revenue, operating income, NOPAT, free cash flow, discount factor, and present value of each year’s FCF — plus a terminal value for everything beyond the horizon.
If an input combination is invalid (for example, terminal growth at or above WACC), the calculator lists exactly which assumptions to fix instead of running. Adjust them and run again.
The waterfall chart walks from cash flows to a per-share value: the sum of discounted cash flows plus the discounted terminal value gives enterprise value; subtracting net debt and adding excess cash gives equity value; dividing by shares outstanding gives fair value per share.
The output card compares that fair value to the current market price and shows the margin of safety — how much cheaper (or more expensive) the stock is than your estimate. It also shows bear / base / bull variants so you can see the range, not just a point estimate.
The sensitivity table recomputes fair value across a grid of WACC × terminal-growth combinations around your inputs. Green cells are above the current price, red cells below. If the investment case only works in one corner of the grid, your thesis depends heavily on two assumptions you cannot know precisely — treat that as a warning, not a rounding detail.
After a run you can save the full assumption set as a named scenario (for example “Conservative” or “Bull case”). Saved scenarios are listed with their key inputs and resulting fair value; loading one restores every slider and re-runs the model, and you can delete scenarios you no longer need. Scenarios are saved per ticker, so build a small library of cases for the companies you follow.