Valuation app for iPhone and iPad

Comprehensive Valuation Application Key Features:

1. Supports two of the widely used Valuation Models

a. Adjusted Present Value (APV) valuation model
b. Weighted Average Cost of Capital (WACC) Valuation model

2. Un-lever and re-lever Beta
3. Cost of Capital using Capital Asset Pricing Model (CAPM)
4. Cost of Capital using WACC

Detail:

Adjusted Present Value (APV):

"Base case” valuation of firm (or project) assuming all-equity financing. Discount rate is Ra. Then, add financing side effects to the "base case" valuation:
1. Interest tax shields (PVTS)
2. Costs of financial distress (PVFD)

This app allows flexible FCF timing, cost of asset (Ra) as in all equity case and FCF repetition.

Beta:

Un-lever asset beta from equity beta, debt beta, leverage (debt/equity), tax rate.

Re-lever asset beta with cost of debt, leverage (debt/equity) and tax rate to generate levered equity beta

Capital Aset Pricing Model (CAPM):

Generate cost of capital from risk free rate, beta and market risk premium (MRP)

Weighted Average Cost of Capital (WACC):

Weighted average cost of capital is weighted average of the after tax cost of debt and cost of equity

WACC - Valuation:

Values asset/firm from free cash flow (FCF), discount rate, horizon period (time taken to achive matured growth), terminal value (exit value, comparable, Gordon Growth Model).