The best replacement for terminal value is enterprise value.

The best alternatives to terminal value are rated as following:
★★★★★  enterprise value
★★★★★  residual value
★★★★  instrumental value
★★  dcf valuation
★  salvage value
★  horizon value

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

Other search terms related to terminal value and their ratings are:
★★★★★ discounted cash flow
★★★★ npv
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★★ free cash flows
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