The three residual income models for equity valuation always give the same value as the Discounted Cash Flow Valuation models. Economic Profit, Economic Value Added (EVA), and Cash Value Added are used as measures. Economic profit and EVA are different, despite some sources claiming they are the same. The present value of Economic Profit discounted at the required return to equity plus the equity book value equals the value of equity. The present value of EVA discounted at the WACC plus the enterprise book value is the enterprise market value. The present value of Cash Value Added discounted at the WACC plus the enterprise book value is also the enterprise market value.