Are you looking to sharpen your valuation skills and explore how pros assess blue-chip companies like Microsoft?

I’ve built a full DCF valuation model based on Microsoft’s publicly available data—structured for learning, practice, and deeper insight into what drives real value in stock investments.

🧠 Why DCF Still Matters in 2024

Despite all the buzz around AI and quant trading, Discounted Cash Flow (DCF) remains the most rigorous, fundamentals-based method to estimate a company’s intrinsic value.

But a DCF is only as good as the assumptions behind it. That’s why I’ve designed this model to highlight the key value drivers every investor or analyst must investigate:

🔍 Drivers You Should Analyze:

Growth Drivers – Where’s future growth coming from? Cloud, AI, Gaming?

Sales Drivers – Pricing power, subscriptions, enterprise deals

Profitability – EBIT margins, operating leverage, scale effects

Reinvestments – CapEx, R&D, acquisitions, intangibles

Capital Efficiency – Return on capital, reinvestment rate

HR & Organizational – Leadership, talent retention, structure

Technology Edge – Product cycle, patents, innovation

Lifecycle Stage – Is this early-growth or late-stable?

Cost of Capital – Risk-free rates, beta, equity risk premium

📊 What’s Inside the Model?

This isn’t just a plug-n-play Excel file. I’ve embedded key valuation techniques used by professionals:

📌 Industry & Market Analysis

📌 Peer Benchmarks & Multiples

📌 Detailed Historical Financials (Revenue, EBIT, CapEx, FCF)

📌 Scenario Planning & Sensitivity

📌 Growth Assumptions with Justifications

📌 Checks & Diagnostics for every assumption

📌 IRR, Terminal Value, WACC, Reinvestment Rate, ROIC

You’ll be able to learn how real investment decisions are shaped—and what separates a bad model from a good one.

💡 If you like this, check out my Corporate Valuation Program on BojanFin.com — a complete video + Excel masterclass built for financial professionals.

🔗 Download the Excel Here