The best replacement for discounted cash flow is net present value.


The best alternatives to discounted cash flow are rated as following:
★★★★★  net present value
★★★  relative valuation
★★  direct capitalization
★★  free cash flow
★  dividend discount model
★  internal rate of return
  present value
  capital asset pricing model

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Speaking about discounted cash flow, one probably shouldn't forget about terminal value.

Other search terms related to discounted cash flow and their ratings are:

★★★★★ terminal value
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discounted cash flow
net present value
relative valuation