I've been of the opinion DCF is a bit useless since you're modeling based on the assumption of growth and numbers you don't really know. But at the same time, you don't really know anything about the future of a company. However it seems better to me to just read more about the company from earnings calls, 10-k, interviews, things of that nature. I feel has yielded mr a better result since I can actually understand the business vs theoretical numbers. I'm open to being challenged on that though, or if anyone knows of a model that might work better that they use that's not DCF