- Cookies policy appearance update - Page speed optimisation and SEO optimisation - Minor bug fixes
Announcements by bogdan
- Two-Stage Excess Return Model was added: Example for $GS: https://discountingcashflows.com/company/GS/valuation/default/12/ - Simple Excess Return Model was updated: Example for $KO: https://discountingcashflows.com/company/GS/valuation/default/8/ - Documentation for Excess Return Models: https://github.com/DiscountingCashFlows/Documentation/blob/main/models-documentation/excess-return-models.md
- Financial Ratios page updated with new ratios(OCF, FCF Margins) and values(EPS, EBITDA/share, dividend/share, revenue/share) - Dividends page updated with EPS available to common shareholders and their payout ratios - Bug fixes - (For Developers): New mode for forecast function (hidden from the charts and only displayed in the forecast table). + Example for rate display: forecast([values_array...], '_payoutRatio', 'chartHidden'); + Example for normal value display: forecast([values_array...], 'payout', 'chartHidden'); Reddit: https://www.reddit.com/r/DiscountingCashFlows/comments/y924mv/website_updates_10202022/?utm_source=share&utm_medium=web2x&context=3
The following valuation models have been updated to support auto FX conversion: - Simple Dividend Discount Model - Two-Stage Dividend Discount Model - Discounted Free Cash Flow - Excess Returns - Discounted Future Market Cap - Weighted Average Cost of Capital The models now automatically convert FX values for companies that have different reporting vs profile currencies. Example: Such a company is Royal Bank of Canada (RY) This company has the price per share, market cap and dividends reported in USD, but its filings are in CAD. Before the update, if we applied Simple Dividend Discount Model, it would tell us to login (if we were not logged in) and select one of the currencies from the dropdown USD, EUR, GBP, CAD (not Original Currency). After the update, the model would calculate the values even if we are not logged in or have Original Currency selected. Also, these type of companies now support price alerts and watches.
Here are the top updates: - Table headers are sticky to scrolling - Updated interface - Introducing Public/Private repository models (For creators that want to have their custom models publicly available) - Improved mobile compatibility - Bug fixes
- The discount rate is now calculated by default using the WACC formula - This year's(2022) estimated end values are actual LTM values, the rest are points from the linear regression curve - GitHub documentation: https://github.com/DiscountingCashFlows/Documentation/blob/main/models-documentation/discounted-free-cash-flow.md#discounted-free-cash-flow-model-source-code AAPL example: https://discountingcashflows.com/company/AAPL/valuation/default/3/
We have new models and documentation. - Two-Stage Dividend Discount Model: Example for $GS: https://discountingcashflows.com/company/GS/valuation/default/1/ - Simple Dividend Discount Model: Example for $KO: https://discountingcashflows.com/company/KO/valuation/default/9/ - Documentation for Dividend Discount Models: https://github.com/DiscountingCashFlows/Documentation/blob/main/models-documentation/dividend-discount-models.md