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In corporate finance, free cash flow to equity (FCFE) is a metric of how much cash can be distributed to the equity shareholders of the company as dividends or stock buybacks—after all expenses, reinvestments, and debt repayments are taken care of. It is also referred to as the levered free cash flow or the flow to equity (FTE). Whereas dividends are the cash flows actually paid to shareholders, the FCFE is the cash flow simply available to shareholders. The FCFE is usually calculated as a part of DCF or LBO modelling and valuation.
Investment Valuation: Tools and Techniques for Determining the Value of Any Asset is a textbook on valuation, corporate finance, and investment management by Aswath Damodaran. The text was initially published by John Wiley & Sons on October 11, 1995, and is now available in its third edition as a part of Wiley Finance series.
References
- ↑ Damodaran, Aswath, Library of Congress
- ↑ Data Page, Damodaran Data Page, New York University
- 1 2 Aswath Damodaran IIM Bangalore Archived 2 May 2011 at the Wayback Machine
- ↑ "Aswath Damodaran — Social Science Encyclopedia". Social Science Encyclopedia. Retrieved 30 January 2024.
- ↑ Education, -Kerschner Family Chair in Finance. "NYU Stern - Aswath Damodaran - Kerschner Family Chair in Finance Education". www.stern.nyu.edu. Retrieved 30 January 2024.
- ↑ Gill, Tanvir (27 June 2017). "Valuation guru Damodaran says he's no Aswath; for him 3 most freeing words are 'I was wrong'". The Economic Times. Retrieved 27 July 2019.
- ↑ TRIUM Global Executive MBA Program
- ↑ "Stern Executive Education". Archived from the original on 10 August 2010. Retrieved 10 August 2010.
- ↑ NYU Stern Executive Education Faculty - Aswath Damodaran
- ↑ "Applied Corporate Finance". Wiley.com (4th ed.). 2015. Retrieved 30 January 2024.
