Company_Value_Formula

Company Value = Cash Flow / (Discount rate - Growth rate)

Question: Why is the discount rate subtracting growth rate?

For example, a growing company has the following cf: Year 1: 100 Year 2: 103 Year 3: etc. Growth rate: 3% Discount rate: 10%

So the company value = 100 / (10% - 3%) = 1,429, meaning you would be willing to pay $1,429 for the company.

2 Comments
 

Eum minus quos et quas. Sit harum quam laboriosam adipisci quidem ea. Quas repudiandae accusantium dolorum necessitatibus. Et quae laborum dolores dicta sint praesentium culpa quaerat.

Rerum dolor fugit officiis ipsam nisi vitae. Sunt accusamus nesciunt quia vitae debitis ut.

Vitae ipsa consequatur dicta. Laborum necessitatibus praesentium officiis magni. Odio vitae quidem quia iusto possimus. Et aliquid dicta et hic quia aliquid odit. Non laborum error quod porro officiis adipisci dolores aut.

Provident aspernatur quam et et sit quis dolores. Saepe voluptatem nobis aut labore blanditiis. Voluptatum alias vero dolores eum ea adipisci. Sed et expedita aut numquam sed ducimus omnis. Magnam cupiditate repellat et iusto et sit.

Career Advancement Opportunities

August 2026 Hedge Fund

  • Point72 99.0%
  • D.E. Shaw 98.0%
  • Citadel Investment Group 97.0%
  • AQR Capital Management 96.0%
  • Magnetar Capital 95.0%

Overall Employee Satisfaction

August 2026 Hedge Fund

  • Magnetar Capital 99.0%
  • D.E. Shaw 98.0%
  • Blackstone Group 97.0%
  • Citadel Investment Group 96.0%
  • Two Sigma Investments 94.9%

Professional Growth Opportunities

August 2026 Hedge Fund

  • AQR Capital Management 99.0%
  • Point72 98.0%
  • D.E. Shaw 97.1%
  • Citadel Investment Group 96.1%
  • Magnetar Capital 95.1%

Total Avg Compensation

August 2026 Hedge Fund

  • Portfolio Manager (9) $1,648
  • Vice President (27) $464
  • Director/MD (11) $372
  • NA (9) $320
  • Engineer/Quant (83) $287
  • 3rd+ Year Associate (26) $284
  • Manager (4) $282
  • 2nd Year Associate (32) $253
  • 1st Year Associate (76) $193
  • Analysts (233) $178
  • Intern/Summer Associate (29) $145
  • Junior Trader (5) $102
  • Intern/Summer Analyst (276) $95
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
kanon's picture
kanon
99.0
3
Secyh62's picture
Secyh62
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
DrApeman's picture
DrApeman
98.9
8
dosk17's picture
dosk17
98.9
9
GameTheory's picture
GameTheory
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”