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Sensitivity Table not producing the right figures for a DCF model

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    Question Sensitivity Table not producing the right figures for a DCF model

    I'm trying to create a sensitivity table with the variables being the terminal growth rate and the discount rate. However, the figures produced by the table do not match with the results generated from the corresponding variables. I've attached the Excel file. Could someone please help?
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    Last edited by AliGW; 03-10-2022 at 05:59 AM. Reason: Irrelevant section of title removed - this is a help forum!!!

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    Re: Sensitivity Table not producing the right figures for a DCF model

    Can you tell us where these variables are and what they are supposed to match?

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    Re: Sensitivity Table not producing the right figures for a DCF model

    I am having trouble debugging this, but I thought I would share an observation.

    In almost all example cases for data tables that I have seen, they do NOT link the input values in the data table to the row and/or column input cells. In your case, you have linked G45 to B6 and D48 to B5. As part of my debugging, my first thought was to decouple these cells, so I could enter values into the data table and the calculation block separately. I entered 0.03 into G45 and 0.15 into D48, and, immediately, the table values matched the output cell (B30). I have never seen documentation to this effect nor encountered this before, and I can't explain why, but, it appears that something in the internal workings of the data table utility, Excel does not like having the row and column input cells linked to the data table input ranges. Breaking those links seems to resolve the problem, though I'm not sure why.
    Quote Originally Posted by shg
    Mathematics is the native language of the natural world. Just trying to become literate.

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    Re: Sensitivity Table not producing the right figures for a DCF model

    I've tried hardcoding the variables on the table and it works! But yes, I don't know why it doesn't work when the variables are linked to B5 and B6.

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