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:max_bytes(150000):strip_icc()/DCF-f7593de5b9444e378b90a237a9bd83f6.png "Discounted Cash Flow (DCF) Explained With Formula and Examples")
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![The DCF Formula - Valuation Techniques: Discounted Cash Flow, Earnings Quality, Measures of Value Added, and Real Options [Book]](https://www.oreilly.com/api/v2/epubs/9781118417607/files/images/f106-01.jpg "The DCF Formula - Valuation Techniques: Discounted Cash Flow, Earnings Quality, Measures of Value Added, and Real Options [Book]")