Terminal Value

Terminal Value Spreadsheet Model

During the valuation of a company or enterprise, the estimation of the Terminal Value of the company is an important aspect that should not be forgotten. There are several ways of estimating the terminal value. This Terminal Value spreadsheet model uses one of the most commonly used formula for estimating this value.



Terminal Value = (CF * (1 + G)) / (CC - G)

CF - Cash Flow at the end of the projection horizon. Cash Flow in Year 5 of the spreadsheet model.
G - Growth Rate of Cash Flow after projection horizon. This is typically a constant value or zero.
CC - Cost of Capital


Enterprise Value

This spreadsheet also provides a complete model for valuing the company (enterprise) by summing the Discounted Terminal Value and the Discounted Cash Flow of the company in a 5 year time frame.



Enterprise Value = Discounted Terminal Value + Total Discounted Cash Flow (DCF)

Download Free Terminal Value spreadsheet - v1.0

System Requirements

Microsoft® Windows 7, Windows 8 or Windows 10
Windows Server 2003, 2008, 2012 or 2016
512 MB RAM
5 MB of Hard Disk space
Excel 2007, 2010, 2013, 2016 or 365

License

By downloading this software from our web site, you agree to the terms of our license agreement.

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FreeTerminalValue.zip (Zip Format - 85 KB)

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Benefits
  • Unlocked
  • Allows removal of copyright message in the template
  • Allows commercial use within the company
  • Allows customization of the model
  • Full source code
PDF Specifications Commercial license

Price

USD10.00 - Free for a limited Time

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TerminalValue.zip