Course syllabus (page 2 of 3)
Day 2 - Afternoon: Continuation of Valuation
- Continuation of Comparable Company methodology
- Analyzing the valuation multiples
- Concluding and understanding value
- Valuation method 2: Precedent Transactions Analysis
- Selecting comparable transactions
- Spreading comparable transactions
- Concluding value
Day 3 - Morning: Continuation of Valuation: Discounted Cash Flow (DCF) analysis
- Valuation method 3: Discounted Cash Flow (DCF) analysis
- Understanding unlevered free cash flow
- Forecasting free cash flow
- Forecasting terminal value
- Present value and discounting
- Understanding stub periods
- Performing sensitivity analysis
- Weighted Average Cost of Capital (WACC)
- Using the CAPM to estimate the cost of equity
- Estimating the cost of debt
- Understanding and analyzing WACC
- Concluding valuation
- Aggregating the three methodologies
- Concluding value
Day 3 - Afternoon: Introduction to Financial Modeling
- Financial modeling
- Introduction to cash flow modeling
- Modeling best practices
- Setting up and formatting the model
- Selecting model drivers and assumptions