Course curriculum

  • 1

    Overview

    • What are the principal valuation methods?
  • 2

    Relative valuation

    • What are the principal steps to take in relative valuation?
    • What criteria would you use to select comparables?
    • What multiples would you choose to use and why?
    • What are the steps involved in calculating trading multiples?
    • What are the steps involved in calculating precedent transactions?
  • 3

    Intrinsic valuation - DCF

    • What are the steps involved in performing a DCF analysis? - Part 1
    • What are the steps involved in performing a DCF analysis? - Part 2
    • What are the steps involved in performing a DCF analysis? - Part 3
    • How do we calculate Free Cash Flow in a DCF?
    • How do we calculate cost of capital?
    • How do we calculate the cost of equity?
    • What is beta?
    • Concretely, how might we derive the beta of a particular company?
    • How do we calculate the terminal value of a company?
    • Which valuation method results in the highest valuation?
    • Which of the 3 valuation methods should you use as a matter of priority?

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