Put these 5 basic steps in valuing a companys common equity in order using the enterprise discounted cash flow methodology .

A. Identify and value all debt and other nonequity claims against the enterprise. B. To estimate price per share, divide equity value by the number of current shares outstanding. C. Value the companys operations by discounting free cash flow using the weighted average cost of capital as the discount rate. D. Subtract the value of nonequity financial claims from enterprise value to determine the value of common equity. E. Identify and value nonoperating assets and add their value to the value of operations to give the total enterprise value.