Valuation Fundamentals
Learn the basics of the three main techniques used to value businesses and shares - Relative Value, Discounted Cash Flow (DCF) and Levered or LBO Valuation. In doing so you will also learn the distinction between equity value and enterprise value, and when each is appropriate to analyse
View video to get a brief overview of the course
What do you get on this course?
Objectives
- Calculate Equity Value and Enterprise Value (EV) for a company given share price and balance sheet information
- Calculate EBIT, EBITDA and P/E multiples
- Perform a basic DCF valuation of a business
- Perform a basic LBO analysis and valuation of a business
- Understand the relative strengths and weaknesses of these techniques, and when one might be more appropriate than another
key Topics
Complete topics step by step or jump to any of the below at any time.
- Roadmap
- Valuation Outputs
- Enterprise value and equity value
- The EV to equity value bridge
- Comparables valuation
- EV Multiples
- EBIT
- EBITDA
- Sales
- Equity Multiples
- P/E ratio
- DCF valuation
- Free cash flow
- WACC
- Terminal Value
- Derivation of Enterprise Value (EV) and share price
- LBO valuation
- LBO basics
- Calculating IRR
- Calculating LBO value of a business
1 hour of video content.
Estimated 2 hours to complete.
How to access your course
- Checkout and pay for the course(s).
- Your course(s) will be added to your DELTA account.
- You will then receive an email with joining instructions.
- You will have 12 months access from date of purchase.
Pre-requisites
This course is open to all. To maximize the benefit of this course we recommend an understanding of financial statements and Microsoft Excel.
Technical Requirements
You will need an Internet connected device to access the videos and download supporting resources. Supporting resources can be used offline, which require Microsoft Excel 2003 or later and a PDF reader.
Comprehensive Resources
You’ll be able to easily access all of the materials you need through our learning management system DELTA
- Bite-size trainer led HD videos detailing step by step techniques and best practices.
- Download the slides and files as used in the videos, which can be completed while watching or saved for later.
- Open forum for quick problem solving.
