Business Valuation Calculator – Jengabiz Incubator

Understand the two values.

Discounted cash flow estimates the value of the operating business. Cash and debt then affect the value attributable to owners.

From business to owner valueEnterprise value + Surplus cash − Debt = Indicative equity value

This model is an illustrative estimate, not a transaction price or formal valuation.

Build a discounted cash flow estimate.

Use free cash flow available to both lenders and owners, after operating taxes and reinvestment but before interest and debt repayments.

Your assumptions

Required fields are marked *. Do not treat sample figures as market benchmarks.

Current annual free cash flow to the firm (KES) *After operating taxes, capital spending and working capital needs; before debt payments.

Annual forecast growth (%) *

Forecast period (years)

Business discount rate (%) *Use a rate appropriate to business cash flows and risk.

Long-term growth after forecast (%) *Must be lower than the discount rate.

Cash and debt adjustment

Surplus cash (KES)Cash not required in projected operations.

Outstanding financial debt (KES)

Optional market comparison

Maintainable annual EBITDA (KES)

Your chosen EV / EBITDA multipleUse evidence from genuinely comparable businesses.

Your figures are calculated in this browser and are not sent to Jengabiz.

Your estimate will appear here.

Enter your business assumptions or try an illustrative example.

Indicative valuation

DCF equity value attributable to ownersKES 0

Enterprise value from DCFKES 0

Present value of forecast cash flowsKES 0

Present value of terminal valueKES 0

Terminal share of enterprise value

Year-by-year free cash flow

Year	Forecast cash flow	Present value

Sensitivity of owner value

Small changes in growth and the discount rate can move a valuation substantially. The optional multiple is a separate comparison, not averaged into the DCF result.

What the model actually measures.

Future operating cash

Projected cash after operating needs and reinvestment is discounted to reflect time and risk.

Value after the forecast

Terminal value represents cash generation beyond the selected forecast years and often drives much of the estimate.

Owners' share

Surplus cash is added and financial debt is subtracted to move from enterprise value to indicative equity value.

Before you use a valuation.

Is this the price someone will pay?

No. A transaction also depends on due diligence, contracts, owner dependence, working capital, risks and negotiations.

Which cash flow should I enter?

Enter free cash flow to the whole business before lender payments. Personal withdrawals, tax treatment and one-off items should be adjusted carefully.

Can I value a startup with negative cash flow?

The calculator can show a negative model result, but constant growth from negative cash flow rarely describes a viable future business. Build a realistic year-by-year forecast with a professional adviser.

Where does the EBITDA multiple come from?

You supply it. Use comparable transactions or companies with similar size, growth, profitability and risk; the calculator does not assume an industry multiple.

Estimate what your business could be worth.