Equity valuation by free cash flow to the equity Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Equity valuation by free cash flow to the equity This topic has 1 reply, 2 voices, and was last updated 9 months ago by John Moffat. Viewing 2 posts - 1 through 2 (of 2 total) Author Posts September 16, 2021 at 12:06 pm #635825 ruchikapg Topics: 1Replies: 1☆ When we use free cash flow to the equity, we should discount by cost of equity (Ke). Is that Ke, Keg(Geared) or Keu (Ungeared ) ? September 16, 2021 at 5:26 pm #635841 John MoffatKeymaster Topics: 57Replies: 49595☆☆☆☆☆ We always discount the free cash flow to equity by the actual cost of equity (which, if the company has gearing, if the geared cost of equity). Author Posts Viewing 2 posts - 1 through 2 (of 2 total) You must be logged in to reply to this topic. Log In Username: Password: Keep me signed in Log In