This course introduces different tools of financial analysis to value businesses using both intrinsic and relative methods. The specific methods of analysis include discounted cash flow, comparable market multiples, comparable transaction multiples, and terminal value. Additional topics include financial statement analysis, industry competitive analysis, discount rate, and capital asset pricing. The course explores the strengths and weaknesses of each method of valuation, as well as when to apply each. The objective of the course is to cover methods for utilizing financial data and applying valuation techniques to make strategic and capital budgeting decisions. Continuing Education Units (CEU) : 2
You'll walk away with
Familiarity with the strengths and limitations of different valuation techniques
The ability to analyze financial statements to better understand the main drivers of free cash flows
The skills to value a business using a discounted cash flow (DCF) valuation model
Knowledge of how to calculate the cost of equity, the cost of debt, and the weighted average cost of capital
The know-how to calculate and analyze valuation multiples
An understanding of when it is most appropriate to emphasize one type of valuation multiple over another
The ability to value a business using comparable company analysis and comparable acquisition transactions
Ideal for
Students with some knowledge of finance
Students interested in a career in finance
Certificates that include this course
Earn a discount on courses by declaring your candidacy for a certificate.