This course provides the fundamentals of Equity Valuation. Topics include common valuation methodologies, determining the performing the following calculations for equities: Weighted Average Cost of Capital (WACC), Discounted Cash Flow (DCF) and DCF valuation and Comparables Based Valuation Techniques (Comps). Exercises and stock reports will be used in this interactive full day course.
Course Objectives
By the end of the course, participants will be able to:
- Define and describe mechanics of business valuation
- Calculate the cost of debt and WACC
- Enumerate and describe different ratios used in relative valuation
- Define discounted cash flow and valuation
- Describe shareholder value creation
- Create a framework for choosing the appropriate valuation techniques
- Compare and contrast advantages and disadvantages of different valuation techniques
Suggested Prerequisites:
- Equity Markets or equivalent knowledge
Program Level:Intermediate
Advance Preparation: None
Computers and Financial Calculators: Computers
Recommended CPE Credits: 7