{"id":21491,"date":"2005-08-17T22:00:00","date_gmt":"2005-08-17T20:00:00","guid":{"rendered":"https:\/\/www.accuracy.com\/2005\/08\/17\/business-valuation-down-with-dcf\/"},"modified":"2024-01-30T17:33:36","modified_gmt":"2024-01-30T16:33:36","slug":"levaluation-des-entreprises-en-baisse-avec-la-dcf","status":"publish","type":"post","link":"https:\/\/www.accuracy.com\/fr\/business-valuation-down-with-dcf\/","title":{"rendered":"\u00c9valuation des entreprises : Le DCF, c'est fini ?"},"content":{"rendered":"<p>Parmi les m\u00e9thodes d'\u00e9valuation des entreprises, la m\u00e9thode des flux de tr\u00e9sorerie actualis\u00e9s (DCF) a mauvaise presse. Au mieux, on lui reproche d'\u00eatre bas\u00e9e sur du sable, c'est-\u00e0-dire sur des donn\u00e9es pr\u00e9visionnelles a priori incertaines. Au pire, elle est soup\u00e7onn\u00e9e de servir le r\u00e9sultat souhait\u00e9 en ajustant l'une ou l'autre des composantes de la m\u00e9thode, \u00e0 savoir les flux de tr\u00e9sorerie futurs et les taux d'actualisation. En bref, la m\u00e9thode DCF est intrins\u00e8quement subjective et facilement manipulable.<\/p>","protected":false},"excerpt":{"rendered":"<p>Among the business valuation methods, the discounted cash flow (DCF) method has gotten a bad rap. At best, it is criticised for being based on sand, i.e. based on forecast data that are uncertain in principle. At worst, it is suspected of serving the desired result by adjusting one or the other components of the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58],"tags":[177],"class_list":["post-21491","post","type-post","status-publish","format-standard","hentry","category-news","tag-news"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.9 (Yoast SEO v27.9) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Business Valuation: Down with DCF? - Accuracy<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.accuracy.com\/fr\/levaluation-des-entreprises-en-baisse-avec-la-dcf\/\" \/>\n<meta property=\"og:locale\" content=\"fr_CA\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Business Valuation: Down with DCF?\" \/>\n<meta property=\"og:description\" content=\"Among the business valuation methods, the discounted cash flow (DCF) method has gotten a bad rap. 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