Discounted Cash Flow (DCF) Method of Valuation expresses the present value of the business attributable to its stakeholders as a function of its future cash earnings capacity. Chander Sawhney (FCA, CS, Certified Valuer (ICAI), Vice President, Corporate Professionals, SEBI REGISTERED (CAT -I) MERCHANT BANKER in “CKF Master class on Recent Developments in Foreign Exchange Management Law” – 17 th Aug,2012