Help on DCF - Can you discount cash flows directly from the CF StatementSubscribe
I have built an integrated operating model and am coming across a problem. Can you discount Unlevered Free Cash Flow directly from the cash flow statement? When I calculate Unlevered Free Cash Flow from EBIT, I am getting a different result than what is on the Cash Flow Statement. Part of the reason I believe is because on the CF Statement I start with NI that accounts for interest expenses, whereas I exclude them on the DCF and later subtract net debt to reach equity value.