Control
Version, valuation date, base year, currency and company details.
The shared model / v1.0
Make every assumption
part of the conversation.
Our Excel framework connects the inputs, the analysis and the result. Explore its structure and try a focused interactive example.
Built in Excel. Developed together.
8 worksheets. 4 valuation perspectives. One shared starting point for discussion.
Open the interactive example ↓Inside the workbook
A model you can follow.
The structure below follows the supplied SVN valuation workbook. Each module has a clear role in the analysis.
Set the context
Assumptions
Market inputs, tax, capital structure, cost of equity and WACC.
Historical Financials
Income statement and balance sheet inputs.
Discounted cash flow
Normalization, revenue, costs, working capital, cash flows and discounting.
Multiples
Trading, SME and transaction approaches with an equity bridge.
Net Asset Value
Tangible, intangible and financial assets alongside liabilities.
Residual Income
Book equity, required return and residual earnings.
Output Dashboard
A consolidated view of the different valuation approaches.
The model lab
Change the inputs.
See what moves.
A focused illustration using sample inputs from our workbook. Explore the mechanics behind a valuation.
SVN / Interactive illustration
01 / Your assumptions
5.00%12.00%
0.00%4.00%
Fixed sample free cash flows (2026–2030), EUR thousands:
31.83 / 32.62 / 33.44 / 34.11 / 35.13
02 / The effect on value
Illustrative enterprise value€k
PV of cash flows PV of terminal value
See the calculation
Enterprise value = Σ FCFₜ / (1 + WACC)ᵗ + [FCF₂₀₃₀ × (1 + g) / (WACC − g)] / (1 + WACC)⁵.
This is a simplified five-year illustration. The Excel DCF worksheet extends through 2036; this example does not reproduce its dashboard output.
01 / Your assumptions
20.0070.00
3.0×13.0×
Starting EBITDA: 43.26 €k from the workbook’s 2026 example. Starting multiple: 8.0× from its sensitivity grid.
02 / The effect on value
Illustrative enterprise value€k
43.26×8.0×
The operating metric and the selected multiple both drive the result. Peer selection and comparability are part of the analysis.
See the calculation
Enterprise value = EBITDA × EV / EBITDA multiple. This example isolates a single metric. The full workbook combines multiple approaches and contains a separate enterprise-to-equity bridge.
Educational illustration · Sample values, not a valuation of a real company. Calculations run in your browser.
Developed through the work
The model is a starting point.
Judgment does the rest.
We use the framework to make the reasoning visible, compare perspectives and discuss the inputs that matter.
Members help develop the model as new company cases raise new questions. The goal is thoughtful, documented analysis that others can review.
Learn how we workShape what comes next
Your curiosity.
Our next chapter.
Join a growing student network and help build a more rigorous approach to valuation.