Errata & Corrections
General
- Make sure to input all dollar figures in $ millions (e.g., if the company had $2 billion in base year revenue, you would input '2,000').
WACC: Detailed
- When inputting the assumption for ‘Operating NWC as % revenue’, note that you are inputting the percentage for total (i.e., not incremental) revenue for the forecasted year. In other words, the input you provide will calculate the total NWC for the year, based on which, the model will calculate the Change in NWC.
WACC: Simple
- none
APV: Detailed
- When inputting the assumption for ‘Operating NWC as % revenue’, note that you are inputting the percentage for total (i.e., not incremental) revenue for the forecasted year. In other words, the input you provide will calculate the total NWC for the year, based on which, the model will calculate the Change in NWC.
APV: Simple
- none
Dividend Growth Model
- none
Real Options valuation Model
- none
Additional Valuation Tools
- none




