Market Guitar — a discounted cash flow (DCF) tool for estimating a company’s intrinsic value using your own forecasts and assumptions.

The intrinsic value app for all investors

Market Guitar walks you through a full discounted cash flow valuation, one step at a time to see what a business is worth. You can value a company in minutes or do a deep dive into the numbers: forecasting market share, revenues, expenses, margins, capital expenditures, capital structure, cost of capital, and employee options. Shared assumptions like the risk-free rate update across all your projects at once.

• Multiple paths to value a companyStart simple with net income and payout. Move to a full enterprise model with business segments when you want the detail. Use discounted cash flows or multiples for terminal value.
• Guidance on every screenEach assumption is explained as you make it, figures that look unrealistic are flagged with warnings, and the full schedule of calculations is always there to check.
• Understanding the drivers of valueDetermine the sensitivity of your inputs by using the sliders to show different scenarios. You’ll realize that some inputs may not matter as much as others.
• An app built by an investorI’m a retail investor myself and built Market Guitar because I needed a better tool than ugly spreadsheets. Send me any suggestions to make it better!