Reverse DCF

I'm moderately accustomed to creating DCF models and I came across a reverse DCF book written by Michael Mauboussin titled "Expectations Investing" so I thought I'd give it a try. In the book he explain his process for creating a DCF model. What he doesn't go into too much detail is when he calculates EBITA and why or how he adds embedded interest in lease expense to eventually calculate NOPAT. Does anyone know how to do this? Another thing I am having trouble with is the forecasting and calculating the terminal value. It seems like he doesnt calculate a terminal value and his models can go up to 25 years. Any advice helps!

 

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