Paper Title
DISCOUNTED CASH FLOW (DCF) VALUATION: A CRITICAL REVIEW OF THE LITERATURE

Abstract
Discounted Cash Discounted Cash Flow (DCF) valuation remains a cornerstone method in finance for estimating the intrinsic value of an asset. This review explores the core principles, applications, strengths, and limitations of DCF. It delves into best practices for mitigating limitations and incorporating financing decisions and other value drivers. The review analyzes recent advancements in terminal value estimation, cost of capital estimation, and the potential of data analytics and machine learning. It concludes by highlighting promising future research directions and emphasizes the continued relevance of DCF valuation in financial analysis. Keywords -Discounted Cash Flow, Time Value of Money, Cash Flows, Valuation