Capitalization of Cash Flow Method

Simplified DCF approach that values stable businesses by capitalizing normalized cash flow using a single capitalization rate. Ideal for mature businesses with predictable earnings.

Explore Cap Rate Method

Calculation Method

Basic Formula

Business Value =

Normalized Cash Flow ÷ Capitalization Rate

Where Cap Rate =

Discount Rate - Growth Rate

Best For:

Stable, mature businesses

Method Evaluation

When to Use
  • Stable, predictable cash flows
  • Mature businesses with modest growth
  • Simpler than full DCF analysis
Limitations
  • Assumes constant growth rate
  • Not suitable for high-growth companies
  • Sensitive to cap rate selection

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