Background Note | HBS Case Collection | August 2000 (Revised July 2002)

Fundamental Enterprise Valuation: Free Cash Flow

by Carliss Y. Baldwin

Abstract

A technical note that defines free cash flow (FCF).

Keywords: Business Ventures; Valuation; Cash Flow;

Citation:

Baldwin, Carliss Y. "Fundamental Enterprise Valuation: Free Cash Flow." Harvard Business School Background Note 801-126, August 2000. (Revised July 2002.)