Net Present Value (NPV)

Centro de Conhecimento

Que é Net Present Value? Definição

Net Present Value (NPV) de um investimento (projeto) é a diferença entre a soma dos fluxos de dinheiro discontados que se esperam do investimento, e a quantidade que invested inicialmente. É um método tradicional do valuation (frequentemente para um projeto) usado na metodologia da medida de Discounted Cash Flow, por meio de que as seguintes etapas são empreendidas:

Etapas no cálculo de Net Present Value

1. Cálculo de fluxos de dinheiro livres previstos (frequentemente por por o ano) esse resultado fora do investimento
2. Subtraia/disconto para cost of capital (uma taxa de interesse a ajustar para o tempo e o risco)

O resultado intermediário é chame: Valor atual.

3. Subtraia os investimentos iniciais

O resultado de fim é chame: Net Present Value.

Conseqüentemente o NPV é uma quantidade que expresse quanto valor um investimento resultará. Isto é feito medindo todos os fluxos de dinheiro sobre o tempo para trás para o ponto atual no tempo atual.

Se o método do NPV resultar em uma quantidade positiva, o projeto deve ser empreendido.

Limitações de Net Present Value

• Embora a medida do NPV seja usada extensamente fazendo decisões do investimento, uma desvantagem do NPV é que não esclarece a flexibilidade/incerteza após a decisão do projeto. Veja Real Options para mais informação.
• Também o NPV é incapaz de tratar dos benefícios intangíveis. Esta inabilidade diminui sua utilidade para edições e projetos estratégicos. Veja IC Rating para mais informação.

Livro: S. David Young, Stephen F.O'Byrne - EVA and Value-Based Management: A Practical Guide.

Livro: Aswath Damodaran - Investment Valuation: Tools and Techniques for Determining the.

Livro: James R. Hitchner - Financial Valuation: Applications and Models

Fórum Fórum de discussões sobre Net Present Value. Abaixo você pode fazer uma pergunta sobre este tópico, compartilhar suas experiências, relatar um novo desenvolvimento ou explicar algo. Comece um novo tópico sobre Net Present Value Compartilhe seu conhecimento aqui (ou faça uma pergunta)   NPV of $1 Million for a Project Means What If a NPV of one project is $1 million, what does it mean to an investor?... 11   2 comentários WHEN to Invest? Investing at the Right Moment... I have done a NPV calculation for an investment option. The problem I'm thinking about is not IF I should invest, it is WHEN to invest. Its weird to make a calculation on a 10 years basis for option ... 5   Calculating NPV with Missing Data How will I calculate the NPV if I only have the different annual income for 6 years business proposal?... 4   4 comentários Example of Net Present Calculation Consider the following two investments: Investment 1 requires a cash investment of $ 10,000 today and $14,000 two years from now. One year from now this investment will yield $24,000. Investment 2 r... 2   2 comentários NPV of Partial Payments Suppose a business sells an average of $ 1000 per month to a group of 200 customers on Net 30 terms. What would be the financial benefit to the seller if those customers each paid 1/30th of the invoi... 2   Missed Interest in NPV (How) Can I include interest income forgone in an NPV calculation?... 1   1 comentários How do you Calculate NPV when Initial Investments are Unknown? In calculating NPV when initial investment is not mentioned what should i do? Only cost and benefit from year 1 is given. What would be the power of (1+discount rate) 1 or 0?... 1   4 comentários NPV assumes Certainty of Cash Flows When using the Net Present Value method be careful: this calculation assumes certainly in the forecasted future cash flows. For strategic longer term projects this assumptions is often not valid in to... 1   NPV with a Missing Cash Flow Figure Is is possible to calculate NPV with a missing cash flow figure? E.g. the expected cash flows for a 5 year project at 2% with initial investment of £5000 pounds are £1000, £2500, £2300, £1700 and unkn... 0   NPV with Only Costs & IRR Hi, I have been posed with the problem of trying to calculate an NPV, with only costs provided and an IRR. Additionally, costs are not incurred upfront, but by borrowing over each period at a given ra... 0   1 comentários NPV for Leased Equipment versus Purchased Equipment Do any of you use NPV for a lease situation? I lease equipment and am often asked about purchase versus lease I do not have the customers cash inflows, but when I'd do this comparison of NPVs, the le... 0   Calculating Cost per Unit if Zero NPV without any Operating Costs Information How does one calculate the cost per unit from the following info? Initial investment of R120M, R8M maintenance costs per year, R5M additional costs for each 1M units produced and 1.2M units produced ... 0   NPV Cost Avoidance and Savings I evaluating a capital expenditure project where 'stand alone' (location 1) the savings from the investment are low. Due to this, the NPV is low. And thus the project is not feasible. However this pr... 0   Calculating NPV for a Project John owns a nursery school. He estimates that, with an extension, he would be able to sell the business as a going concern for $600,000 in six years time. Without the extension, he would expect to sel... 0

Melhores Práticas Os tópicos mais bem avaliados sobre Net Present Value. Aqui você vai encontrar as idéias mais valiosas e sugestões práticas. 🥇 Re-evaluating an investment decision Question: I am re-evaluating an investment decision from 2004 - - where the initial investment was made. If I wanted to look at the investment today would I need to take the future value of the past C... 43   6 comentários 🥈 Operating Cash Flows What is the NPV of a project that has cost of 52,125 and net cash flows of 12,000 per year for 8 years with a cost of capital of 12 percent?... 33   5 comentários 🥉 Does the Net Present Value (NPV) calculation uses cash inflows or profits? Does the NPV calculation uses cash inflows or profits? Should I use the revenue generated by the project or the profit?... 20   1 comentários Choosing between Investments Using a Comparison of NPVs If I have 2 investments and I compare the NPV of both. Which one I prefer? With the biggest NPV?... 19   2 comentários More Complex NPV Comparison: Interrelated Projects How would I compare 3 projects - two have an NPV = $500,000 (over 9 years mixed stream of inflows and 20 years annuity, respectively) and one which is a lump of $490,000 cash right now? ... 16   1 comentários

Fontes de Informação Várias fontes de informação sobre Net Present Value. Aqui você encontrará powerpoints, vídeos, notícias, etc. para usar em suas próprias palestras e workshops. Net Present Value vs IRR NPV vs IRR Two of the most important criteria for choosing between capital investment projects are net present value (NPV) and inte... Present Value Tables Calculating PV Set of present value tables written in rich text format, compatible with MS-Word and most other word processors. Include... Capital Budgeting Calculate NPV, IRR, ROC Basic capital budgeting analysis for a project. Compute NPV, IRR and ROI. Spreadsheet by Aswath Damodaran.... Business Valuation | Company Valuation | Firm Valuation Business Analysis, Company Analysis | Firm Analysis This presentation elaborates on the valuation and analysis of companies and include the following sections: 1. Company ... Analyzing Financial Feasibility Financial Feasibility Analysis, Project Selection, ROI, NPV, IRR Presentation about Feasibility Studies in the Financial Area. The presentation includes the following sections: 1. Fina... How to Calculate NPV in MS Excel Basic Understanding of how to use Excel for calculating NPV The Net Present Value of an investment is the present value of the investment minus the amount of money it cost to buy i... Net Present Value Diagram Investment Valuation Download and edit this 12manage PowerPoint graphic for limited personal, educational and business use. Republishing in ...

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