Public Courses


Public Courses ContentOur public curriculum spans 5 days in length and provides the flexibility to choose the modules best suited for you and your organization. We highly recommend that participants without a prior financial background attend all 5 days.

We offer these courses in the following locations:

  • New York
  • Chicago
  • San Francisco
  • Boston
  • Washington, D.C.

Please Contact Us directly to register for courses.

DAY 4: VALUATION OVERVIEW AND DCF ANALYSIS

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Sep 14,2017 -     Time: 9:00 am - 5:00 pm

The goal of this session is to introduce participants to corporate valuation. The first half of the session focuses on the strengths and weaknesses of the 4 primary valuation methodologies as well as the calculation of equity and enterprise value. The second half of the course focuses specifically on discounted cash flow analysis and the construction of a DCF model.

  • Valuation overview
    • Enterprise value vs. equity value
    • Diluted shares outstanding
    • Fundamental versus relative valuation
    • 4 primary valuation methodologies
      • Trading comparables
      • Transaction comparables
      • DCF
      • LBO
    • Strengths and weaknesses of each valuation methodology
    • Minority versus majority stake valuation
    • Key multiples
    • Valuation football field
  • Discounted cash flow analysis
    • Unlevered free cash flow
    • WACC
      • Cost of debt
      • Cost of equity using CAPM
    • Terminal value
      • Perpetuity growth method
      • Exit multiple method
    • Mid-year adjustments
    • Calculating enterprise and equity values
    • Implied multiples and perpetuity growth rates
    • Sensitivity analysis via data tables


Location


100 Park Avenue
New York, New York 10017


Registration is closed for this event.
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