## How the Discounted Cash Flows (DCF) Calculator can help you

Discounted Cash Flows (DCF) Calculator calculator can help you to calculate the fair value of a stock investment (stock value per share) the theoretically correct way, as the present value of future earnings.

## How to use the Discounted Cash Flows (DCF) Calculator

1. Enter the Earnings per share (**① which is usually refers to the last 12 months*) in Earnings column;

2. Complete the entry under the growth assumption column;

3. Enter the Return available on an appropriate market benchmark investment(**② which is like the S&P 500*)

4. Click on “**Calculate**” button to get the result for Stock Value per share.