Knowledge Center
What the numbers on ValueDuck actually mean, and how they're built — in plain language, not jargon.
- What is intrinsic value?
Why a stock's price and what it's actually worth are two different numbers, and why the gap between them is the whole premise of value investing.
- How a DCF valuation works
Revenue, margin, reinvestment, discount rate, terminal value — each step of a discounted cash flow model, explained in order.
- What is margin of safety?
The gap between price and estimated value that makes a valuation survivable even when the estimate is somewhat wrong.
- What is an economic moat?
Why some companies keep earning above-average returns for years instead of having them competed away, and how that changes a valuation.
- What is WACC?
The blended cost of equity and debt that sets the discount rate behind every DCF — and the single most sensitive number in one.
- Reading bear, base and bull cases
Why a single fair value number hides more than it reveals, and what a stress-tested range actually tells you.