Publications
Publications
- December 1994 (Revised September 2012)
- HBS Case Collection
Note on Valuing Equity Cash Flows
By: Timothy A. Luehrman
Abstract
A technical note for advanced students on the topic of valuing highly-levered equity. Introduces the "equity cash flow" valuation methodology, shows how to use it, discusses the sources and signs of its built-in biases, and provides some guidance about when to use it.
Keywords
Citation
Luehrman, Timothy A. "Note on Valuing Equity Cash Flows." Harvard Business School Background Note 295-085, December 1994. (Revised September 2012.)