JoltTools

Finance

Stock valuation

Estimate a company's value from its future cash flows.

Enter a stock symbol, such as MSFT or AAPL.

Discounted cash flow

A valuation built on your assumptions.

Start with a company’s available financial data. Set your growth and discount rates to estimate a value per share.

  1. Find a company

    Load its reported cash flow, shares, cash, and debt where available.

  2. Review the assumptions

    Adjust the financial inputs and choose how future cash flows grow.

  3. Explore the valuation

    See the implied share value and the calculation behind it.

How the calculation works

Each year's free cash flow = the previous year's cash flow × (1 + that year's growth rate). Present value = that cash flow ÷ (1 + discount rate) raised to the year number.

Terminal value = final-year cash flow × (1 + terminal growth) ÷ (discount rate − terminal growth). We discount it to today, add the forecast cash flows' present values, then add excess cash and subtract debt and other claims. Divide by diluted shares to get value per share.

The lookup prefills reported trailing free cash flow as an editable starting point. Nasdaq FCF is operating cash flow minus capital expenditures across four reported quarters; Yahoo FCF is the provider's reported figure. Sources and periods appear in Company data & sources. Missing figures are never treated as zero.

This operating-company model discounts at WACC and subtracts debt, so its valuation assumes positive normalized unlevered cash flow (FCFF). Reported FCF may already include interest and other financing costs: adjust the prefilled amount for after-tax interest and other financing effects as appropriate before treating it as FCFF. Taxes and reinvestment must be reflected in your cash flows, and growth assumptions must be sustainable. Future dilution is not modeled.

For changing margins, reinvestment, losses turning into profits, or a detailed equity bridge, use the Advanced valuation model. This model is not intended for banks or insurers. Results reflect your assumptions, not a market-price forecast or investment advice.