This intensive 2 day course will equip you with skills required to effectively evaluate companies and assets. Run by an experienced former City banker the course starts with an overview of different equity valuation methods and explains fundamental framework.
You will have a chance to go through various ratios including cash flows, discount rates and periods, capital structure and understand the important parameters that can cause the valuation to break down if overlooked.
We will take a brief overview of various techniques for equity valuation, focus on Discounted Cash Flow techniques and show that DCF and multiples actually do the same thing – but only if you make the same assumptions. You will have a chance to work through models and case studies based on real companies.
By the end of this course you will be able to:
Differentiate and apply the main types of equity valuation
Evaluate balance sheet as well as profit and loss accounts and cash flow statements
Use comparative company valuation and calculate multiples in practice
Have an understanding of DCF model structure and how it is used to value a company in practice
Learn the fundamentals of future cash flow valuation
Calculate the cost of capital and understand the basics of discounted rates and periods
Be able to use a DCF model to build a total value of the firm with core and non-core assets
Understand the basics of discounted rates and periods
Build the bridge between enterprise and equity valuation
Register now and take advantage of our Early Bird offer!
Wed, 04/02/2015 - 15:08
Fund managers and investors are in a tug-of-war over the issue of transparency. Once content with a performance update, basic valuation and general market commentary, Limited Partners (LPs) are now digging deeper, asking more questions and requiring more information from General Partners (GPs) than ever before. ... »
Thu, 19/02/2015 - 19:04
Read how managers seeking to distribute in Europe can appoint a third party AIFM (or ManCo), and the fund distribution benefits this can bring, both for new fund launches and redomiciled funds... »
Tue, 10/02/2015 - 14:49
Global gross domestic product (GDP) growth should accelerate somewhat in 2015 and 2016 from the pace of the last three years because of much lower oil prices, the avoidance of special drags on the world economy, and continuing easy monetary policies from global central banks, according to BNY Mellon Chief Economist Richard Hoey. Hoey (pictured) made the comments in his February outlook. ... »
Fri, 30/01/2015 - 11:12
55% of private equity firms surveyed by Preqin at the end of 2014 stated they would deploy greater levels of capital in 2015, although 39% suggested it is more difficult to find attractive investments. Preqin’s Christopher Elvin comments: ... »
Tue, 20/01/2015 - 13:26
977 private equity funds held a final close throughout the year raising a total of USD486bn, higher than any annual amount between 2009 and 2012, and on track to match the 2013 total. Preqin’s Christopher Elvin (pictured) reviews a year of private equity fundraising: ... »