DCF Calculator Excel Template
DCF Calculator Excel Template
Interactive Excel Financial Model
Download, customize, and integrate into your own analysis
What's Included
- Interactive financial model with live Excel formulas
- All formulas visible and fully editable
- Professional formatting with color-coded inputs & outputs
- Formula reference sheet with variable definitions
- Step-by-step instructions sheet
- Compatible with Microsoft Excel 2016 and later
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Price range: $0.00 through $20.00
Download the DCF Valuation Calculator for Microsoft Excel. Interactive financial model with live formulas, fully editable. Free or pay-what-you-want.
Online Calculator vs Excel Template
| Feature | Online | Excel |
|---|---|---|
| Instant use — no download | ✓ | — |
| Works offline | — | ✓ |
| Customize formulas & layout | — | ✓ |
| Save & share with colleagues | — | ✓ |
| Integrate into your own models | — | ✓ |
| Print-ready formatting | — | ✓ |
About This Template
Professional DCF Valuation Model for Excel
Build a complete discounted cash flow (DCF) valuation from scratch in Microsoft Excel. This template replicates the same model used in our free online DCF calculator, giving you a portable, offline financial model you can customize, save, and share with colleagues.
The DCF method estimates a company's intrinsic value by projecting future free cash flows to the firm (FCFF) and discounting them at the weighted average cost of capital (WACC). This template handles the full valuation chain: projected cash flows, terminal value via the Gordon Growth Model, enterprise value, and the equity bridge to implied share price.
What's Included
- Calculator Sheet — The core financial model with live Excel formulas. Enter your assumptions (projected FCFs, WACC, terminal growth rate, debt, cash, shares outstanding) and see enterprise value, equity value, and implied share price update instantly.
- Instructions Sheet — Step-by-step guide explaining each input, how to customize the model, and tips for building sensitivity analysis around your base case.
- Formula Reference Sheet — Complete variable definitions, model assumptions, and the mathematical formulas behind every calculation, sourced from Berk & DeMarzo Corporate Finance.
Key Features
- All formulas are visible and fully editable — no locked cells, macros, or VBA
- Compatible with Microsoft Excel 2016 and later
- Uses standard Excel functions only — no add-ins required
- Supports up to 10 years of projected free cash flows
- Automatic terminal value calculation via the Gordon Growth Model
- Full equity bridge: Enterprise Value − Debt + Cash = Equity Value
- Implied share price from equity value and diluted shares outstanding
Who This Is For
Finance students studying corporate valuation, equity research analysts building quick models, investment banking professionals who need a clean starting template, and anyone preparing for CFA or finance coursework. The model follows the same academic framework taught in university corporate finance courses.
Online Calculator vs. Excel Template
Our free online DCF calculator is ideal for quick, browser-based calculations. This Excel template gives you the same model in a portable format you can save locally, modify formulas, add your own sheets, integrate into pitch books, and share with your team.
Frequently Asked Questions
A fully interactive financial model with live Excel formulas, an Instructions sheet with usage guide, and a Formula Reference sheet with variable definitions and model assumptions. All formulas are visible and editable.
Microsoft Excel 2016 or later. The template uses standard Excel formulas only — no macros, VBA, or add-ins required.
Yes. All cells are fully editable. You can modify any formula, add your own calculations, change formatting, or integrate the model into your existing spreadsheets.
The online calculator runs in your browser for quick calculations. This Excel template gives you a portable, offline financial model you can customize, save, share with colleagues, and integrate into your own analysis.
This template is provided for educational and personal use. You may use it in your own professional analysis and presentations. Redistribution or resale of the template itself is not permitted.
The product page shows the last-updated date. You can re-download the latest version at any time from your account or by requesting a new download link.
