StreetCred guide
DCF Practice Case
Practise DCF modelling with Excel case reps that test free cash flow, WACC, terminal value, discounting, and valuation hygiene.
Direct answer
A good DCF practice case makes you calculate free cash flow, apply discounting, estimate terminal value, and tie the output back to operating-model assumptions.
Why this matters in interviews
DCF questions are common because they test both valuation theory and spreadsheet execution.
The hard part is not reciting the formula; it is translating operating assumptions into reliable free cash flow and valuation outputs.
What StreetCred makes you practise
StreetCred cases require candidates to build DCF logic in Excel and submit the workbook for scoring.
The report checks outputs and model construction, so a candidate can see whether the valuation is both numerically right and properly built.
Common mistakes
Mixing levered and unlevered cash flow logic.
Using the wrong terminal value or discounting convention.
Failing to connect valuation outputs to the operating forecast.
Formatting percentages, currency, or multiples inconsistently.
How to improve
Practise building the DCF without looking at a completed model first.
After scoring, focus on the specific breakpoints: free cash flow, WACC, terminal value, mid-year convention, or presentation.
Questions answered
Is DCF practice mainly theory or Excel work?
Both matter, but interview performance depends on Excel execution. You need to convert theory into a clean, linked workbook.
Practice the task, not just the topic.
Start with the free diagnostic, build the workbook yourself, and use the score report to decide your next rep.
Start free diagnostic