The Business Valuation Model Excel is an "out-of-the-box" professional valuation model developed by a CFA charterholder. It is designed to accept information from publicly-available 10-K reports in order to calculate the total and per-share value of a business.

The model includes a basic and common-size income statement and balance sheet, an easy-to-use cost of equity and WACC calculator, a detailed ratio analysis and a comprehensive discounted cash flow (DCF) analysis. Cells requiring user input are clearly highlighted, making valuations very easy to perform.

The model is also flexible, allowing the practitioner to vary the analysis based on variables such as: expected return on the overall market, perpetual future growth rate of cash flows, expected new investments, and miscellaneous items. Changes made to one part of the model automatically flow through to the other parts, ultimately affecting the overall and per-share valuation of the company. (For example, lowering the assumed risk-free rate decreases the cost of equity, which decreases the WACC, which increases the valuation. By simply changing the risk-free rate, the valuation automatically increases.)

Date and number fields may be re-formatted by the user (using Excel's built-in formatting capabilities) to accommodate non-US conventions.

The Business Valuation Model for Excel is a professional-grade "out-of-the-box" valuation model designed to provide detailed valuations from publicly-available information. It provides a detailed valuation while remaining flexible and easy-to-use.

This spreadsheet was developed by a CFA charterholder.

Requirements: Excel 2010, 2007 or 2003 for PC. Excel 2011 or 2004 for Mac.

What's new in this version: Interface upgrades, functionality upgrades, additional calculations.