http://www.wallstreetoasis.com/usercontent/14168 en http://www.wallstreetoasis.com/forums/dcf-valuation <p>I have attempted a valuation of a company which has been projected having staggered equity investments into it. </p> <p>While doing the valuation the equity IRR works out to about 17% however the NPV works out to a value less than the total equity inflow...</p> <p>ie say the total equity inflow is 1000 over a period of time the NPV works out to just 500</p> <p>could some one let me know why this happens...</p> <p>the prospect firm is in the starting phase and presently all figures are just projected... hence at this point of time there is no cash balance or debit availed.</p> <p>in this case shouldnt FCFF be equal to FCFE </p> <p>I want to value the present value per share</p> <p>regards</p> http://www.wallstreetoasis.com/forums/dcf-valuation#comments http://www.wallstreetoasis.com/crss/node/23447 Equity Research Rendezvous Tue, 10 Jun 2008 02:34:05 -0400 getafix 23447 at http://www.wallstreetoasis.com