Fiscal Investor™ Calculator
Dividend Discount Model (DDM)
Fundamental analysis for dividend stocks: estimate intrinsic value using the present value of future dividends.
Model Parameters
Your discount rate / required return.
Used to compare against intrinsic value.
Rule: r must be greater than g for Gordon to work.
Gordon Growth Formula
P₀ = D₁ / (r − g) = D₀(1 + g) / (r − g)
Valuation
Intrinsic Value
$—
Model-based estimate
Market Price
$50.00
Valuation Signal
Enter inputs to calculate
Fiscal Investor lens: DDM works best for dividend businesses with durable cash flow, payout discipline,
and a realistic growth runway. Use it as a range tool, not a crystal ball.
Dividend Projection
Gordon Growth
Best for mature, steady dividend growers.
Two-Stage
Good for “fast now, stable later” businesses.
Multi-Year
Use when you have near-term dividend forecasts.
BETA- Educational Only!
Use checklists + calculators to make decisions with discipline.
Educational only. Not investment advice. Models use assumptions and can be wrong.