Source: https://guthlabs.ai/docs/instrument-workflows/valuation-bench/

instrument chain / verified-workflow-definition

# Investor's Valuation Bench

From risk to discount rate to fair value, three ways.

Status: **observed**Lifecycle: **verified-workflow-definition**

## Goal

From risk to discount rate to fair value, three ways.

## Instrument chain

- 01

**[CAPM Expected Return](<https://guthlabs.ai/docs/instruments/capm-expected-return/>)**

cost of equity

VERIFIED

- 02

**[WACC Calculator](<https://guthlabs.ai/docs/instruments/wacc-calculator/>)**

discount rate

VERIFIED

- 03

**[DCF Valuation (Simple)](<https://guthlabs.ai/docs/instruments/dcf-valuation-simple/>)**

value #1

VERIFIED

- 04

**[Dividend Yield & Growth (DDM)](<https://guthlabs.ai/docs/instruments/dividend-yield-growth-ddm/>)**

value #2

VERIFIED

- 05

**[Valuation Multiples Comparator](<https://guthlabs.ai/docs/instruments/valuation-multiples-comparator/>)**

value #3

VERIFIED

- 06

**[NPV Calculator](<https://guthlabs.ai/docs/instruments/npv-calculator/>)**

project math

VERIFIED

- 07

**[Real vs Nominal Return](<https://guthlabs.ai/docs/instruments/real-vs-nominal-return/>)**

inflation adj

VERIFIED

- 08

**[Payback Period Calculator](<https://guthlabs.ai/docs/instruments/payback-period-calculator/>)**

recovery

VERIFIED

## Handoffs and cross-checks

CAPM → equity cost → WACC → DCF rate; DDM and multiples triangulate the same company.

## PointGuard stance

Never quote one valuation: triangulate DCF/DDM/multiples and state terminal-value convention explicitly (the t4-200 failure mode).

## Sources and evidence

These pointers bind the page to evidence. They do not grant authority or collapse verification into deployment.

- `INSTRUMENT_COMBOS.json`

- `VERIFIED_LEDGER.json`