The first stage is called growth stage the second is called the terminal stage. Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. This is the default method of calculation with GuruFocus DCF calculator. The calculation method is the same as Discounted Cash Flow model except earnings are used in the calculation instead of free cash flow. This is the intrinsic value calculated from the Discounted Earnings model with default parameters. NVIDIA Intrinsic Value: DCF (Earnings Based) Calculation

Payments to Suppliers for Goods and Services.Other Cash Receipts from Operating Activities.Other Cash Payments from Operating Activities.Cash Received from Insurance Activities.Cash Receipts from Securities Related Activities.Cash Receipts from Operating Activities.Cash Receipts from Fees and Commissions.Cash Receipts from Deposits by Banks and Customers.Cash Payments for Deposits by Banks and Customers.Cash from Discontinued Operating Activities.Cash From Discontinued Investing Activities.Short-Term Debt & Capital Lease Obligation.Other Liabilities for Insurance Companies.Long-Term Debt & Capital Lease Obligation.Inventories, Raw Materials & Components.Cash, Cash Equivalents, Marketable Securities.Accumulated other comprehensive income (loss).Accounts Payable & Accrued Expense for Financial Companies.Depreciation, Depletion and Amortization.Margin of Safety % (DCF Dividends Based).Margin of Safety % (DCF Earnings Based).

Float Percentage Of Total Shares Outstanding.

Nvda earning results