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Instrument · finance and analysis

Four instruments, and what each of them refuses to do

A valuation that prints how much of itself is the perpetuity behind the forecast. Two market sizings with the gap between them left on the page. A runway that says which month the money runs out and what one more hire costs in weeks. A unit converter that names the missing input rather than guessing it. Every figure is arithmetic on numbers you type. Each instrument saves its state in the address bar, so a result is a link, and each one exports its table.

01Valuation

For seeing how much of an enterprise value is the years you forecast and how much is the perpetuity attached behind the last of them. Enter your own cash flows, cost of capital and terminal growth.

Method behind it: the dcf lab case study

The rate that discounts every year and the perpetuity.
Growth of the perpetuity after the last forecast year.
Forecast free cash flows

Any example loaded here is an example. The figures in it are invented to show the arithmetic working and they value nothing.

Cash flows are in one unit of your choosing, the same unit throughout. The share of the enterprise value carried by the terminal value does not depend on which unit that is. There is no net debt, no share count and no per share figure here, because those would turn a decomposition into a price.

02Market size

For sizing a market twice, top down and bottom up, and reading the disagreement instead of averaging it away. Every assumption is answered with the value it would have to take for the two sizings to agree.

Method behind it: the market sizer case study

A label only. It changes no arithmetic.
Top down: a universe narrowed by factors
Bottom up: segments, each a product of drivers

Any example loaded here is an example. The figures in it are invented to show the arithmetic working and they size nothing.

03Runway

For the month the money runs out, the balance month by month up to a horizon you set, and the question that follows: how many weeks of runway each planned hire costs.

No case study for this one. It is arithmetic on your own figures, and the method is printed under the chart.

The balance at the start of month one.
Everything that does not scale with headcount.
Fully loaded, per person, per month.
People on the payroll before any planned hire.
The tool computes nothing past this point and says so.
Planned hires
Expected income

Any example loaded here is an example. The figures in it are invented to show the arithmetic working and they plan nothing.

04Unit safety

For converting energy, mass and greenhouse gas units, and for being told exactly what is missing when a conversion has no answer. Quantities are read as exact rationals, not as floating point.

Method behind it: the unitguard case study

A plain decimal. 0.1 means one tenth exactly.

Four conversions worth trying

Conversions you ran in this session

The list is not carried in the link. A shared link restores the quantity and the two units, and the instrument recomputes the same verdict from them.

05Method and constants

Three of the four instruments contain no constants at all. They are arithmetic on the numbers you type, so there is nothing in them to source. The only fixed values on this page are the global warming potentials named inside the unit converter, and it names them in order to refuse to choose between them. They are listed below with the assessment report and the time horizon each one belongs to.

The global warming potentials the converter names and does not use

Carried over unchanged from unitguard, which names all four and picks none the unitguard case study on keremozdemir.de

Exact ratios used in the converter

These are ratios of molar masses and a definition, not measurements, so they carry no report and no horizon.

The arithmetic, written out

    What this page does not know