discounted cash flow

简明释义

现金流转贴现

英英释义

例句

1.The valuation of the company was based on its discounted cash flow 贴现现金流 analysis, which projected future earnings.

公司的估值是基于其贴现现金流 discounted cash flow分析，预测未来收益。

2.To determine whether the project is viable, we need to calculate its discounted cash flow 贴现现金流 over the next five years.

为了确定项目是否可行，我们需要计算其在未来五年的贴现现金流 discounted cash flow。

3.We used discounted cash flow 贴现现金流 analysis to compare different investment projects.

我们使用贴现现金流 discounted cash flow分析来比较不同的投资项目。

4.Investors often use discounted cash flow 贴现现金流 methods to assess the value of an investment opportunity.

投资者通常使用贴现现金流 discounted cash flow方法来评估投资机会的价值。

5.The discounted cash flow 贴现现金流 model helped us understand the long-term profitability of the business.

该贴现现金流 discounted cash flow模型帮助我们理解了企业的长期盈利能力。

作文

The concept of discounted cash flow is a fundamental principle in finance and investment analysis. It refers to the process of valuing an investment or a project by estimating its future cash flows and then discounting them back to their present value. This method is essential for determining whether an investment is worthwhile, as it allows investors to understand the time value of money. The time value of money is the idea that a certain amount of money today is worth more than the same sum in the future due to its potential earning capacity. To better understand discounted cash flow, let’s break down the components involved in this calculation. First, we need to project the future cash flows that the investment is expected to generate. These cash flows can come from various sources, such as revenue from sales, rental income, or any other form of cash inflow. The accuracy of these projections is crucial because overestimating future cash flows can lead to poor investment decisions.Once the future cash flows have been estimated, the next step is to determine an appropriate discount rate. The discount rate reflects the risk associated with the investment and the opportunity cost of capital. It is essentially the rate of return that investors could expect to earn on an alternative investment with a similar risk profile. A higher discount rate indicates a higher risk, which will lower the present value of future cash flows.After establishing the future cash flows and the discount rate, the actual calculation of discounted cash flow can be performed. This involves applying the formula: Present Value = Future Cash Flow / (1 + r)^n, where 'r' is the discount rate and 'n' is the number of periods until the cash flow occurs. By applying this formula to each projected cash flow, investors can calculate the present value of all future cash flows. The sum of these present values is known as the total discounted cash flow of the investment.Understanding discounted cash flow is vital for making informed financial decisions. For example, if the total discounted cash flow of an investment is greater than the initial cost of the investment, it suggests that the investment is likely to be profitable. Conversely, if the total discounted cash flow is less than the initial cost, it may indicate that the investment is not worth pursuing.In conclusion, the discounted cash flow method is a powerful tool for evaluating investments. It provides a systematic approach to assessing the value of future cash flows, taking into account the time value of money and the associated risks. Investors who master this technique can make more strategic and informed investment choices, ultimately leading to better financial outcomes. As the financial landscape continues to evolve, understanding concepts like discounted cash flow will remain essential for anyone looking to succeed in the world of finance and investment.

“贴现现金流”是金融和投资分析中的一个基本原则。它指的是通过估算未来现金流并将其折现回现值的过程来对投资或项目进行估值。这种方法对于确定投资是否值得至关重要，因为它使投资者能够理解货币的时间价值。货币的时间价值是指今天的一定金额比未来相同金额更有价值，因为它具有潜在的盈利能力。为了更好地理解“贴现现金流”，让我们分解一下这一计算中涉及的组成部分。首先，我们需要预测投资预计产生的未来现金流。这些现金流可以来自各种来源，例如销售收入、租金收入或任何其他形式的现金流入。这些预测的准确性至关重要，因为对未来现金流的高估可能导致错误的投资决策。一旦估算了未来现金流，下一步是确定适当的折现率。折现率反映了投资相关的风险和资本的机会成本。它本质上是投资者在具有类似风险特征的替代投资中可以期望获得的回报率。较高的折现率表示较高的风险，这将降低未来现金流的现值。在确定了未来现金流和折现率之后，可以进行“贴现现金流”的实际计算。这涉及到应用公式：现值 = 未来现金流 / (1 + r)^n，其中'r'是折现率，'n'是现金流发生之前的周期数。通过将此公式应用于每个预测的现金流，投资者可以计算所有未来现金流的现值总和。这个现值总和被称为投资的总“贴现现金流”。理解“贴现现金流”对于做出明智的财务决策至关重要。例如，如果某项投资的总“贴现现金流”大于投资的初始成本，这表明该投资可能是有利可图的。相反，如果总“贴现现金流”小于初始成本，则可能表明该投资不值得追求。总之，“贴现现金流”方法是评估投资的强大工具。它提供了一种系统的方法来评估未来现金流的价值，同时考虑到货币的时间价值和相关风险。掌握这一技术的投资者可以做出更具战略性和信息化的投资选择，从而实现更好的财务结果。随着金融环境的不断发展，理解像“贴现现金流”这样的概念将继续对任何希望在金融和投资领域取得成功的人至关重要。