Articles & Guides
Learn about NPV, discounted cash flow and capital budgeting.
WACC and NPV: Choosing the Right Discount Rate
What WACC is, how to calculate it, and how to use it as the discount rate in an NPV analysis — with a worked example.
Read article →NPV vs Payback Period: Which Is Better?
How net present value and the payback period differ, a worked two-project example, and which method to trust for capital budgeting.
Read article →Negative NPV but Positive IRR: What Does It Mean?
Why a project can show a positive IRR yet a negative NPV, what it really means, and the right decision — with a worked example.
Read article →What is Discounted Cash Flow (DCF)?
Understand discounted cash flow analysis, how it relates to NPV, and how to value an investment using future cash flows.
Read article →NPV vs IRR: Which is Better for Capital Budgeting?
A side-by-side comparison of Net Present Value and Internal Rate of Return, and when to use each.
Read article →How to Calculate NPV in Excel
Step-by-step guide to calculating Net Present Value correctly in an Excel spreadsheet, with a worked example.
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