Equity Valuation and Analysis

Undergraduate | 2026

Course page banner
Mode icon
Mode
Mode
Your studies will be on-campus, and may include some online delivery
On campus
area/catalogue icon
Area/Catalogue
BAFI 5004
Course ID icon
Course ID
201812
Campus icon
Campus
Adelaide City Campus West, Adelaide City Campus East
Level of study
Level of study
Undergraduate
Unit value icon
Unit value
6
Course owner
Course owner
School of Accounting and Fin
Course coordinator
Course coordinator
Jane Luo
Course level icon
Course level
1
Work Integrated Learning course
Work Integrated Learning course
No
Study abroad and student exchange icon
Inbound study abroad and exchange
Inbound study abroad and exchange
The fee you pay will depend on the number and type of courses you study.
Yes
University-wide elective icon
University-wide elective course
Yes
Single course enrollment
Single course enrolment
Yes

Course overview

This course analyses companies from a fundamental perspective to derive the intrinsic value of stocks. Topics include discounted cash flow models, such as dividend discount models and free cash flow models; relative valuation models, including price-earnings and price-to-book multiples; forecasting of earnings and cash flows; estimation of growth; calculation of the discount rate; and the valuation of firms in financial distress, firms investing in other companies, and those involved in mergers and acquisitions. 

  • Dividend Discount Model Valuation
  • Free Cash Flow Model Valuation 
  • Relative valuation and Special valuation cases

Course learning outcomes

  • Conduct stock valuation based on the discounted cash flow method
  • Perform a relative valuation for a company
  • Utilise the techniques in valuing mergers and acquisitions
  • Apply the methodologies in valuing firms in financial distress and equity investment in other firms
  • Critically analyse publicly available information and write a stock valuation report

Availability

Census date Icon
Census date
Fri 27/03/2026
Enrol by date
Enrol by date
Fri 13/03/2026
Last day to W
Last day to W
Fri 10/04/2026
Last day to WF
Last day to WF
Fri 08/05/2026

Class details

Adelaide City Campus West

Class number
Class number 23625
Section
Section SE01
Size
Size 50
Available
Available 25
Dates Days Time Campus Location Instructor
26 Feb - 16 Apr Thursday 1:10pm - 4pm Adelaide City Campus West Sir Hans Heysen, HH3-09
7 May - 4 Jun Thursday 1:10pm - 4pm Adelaide City Campus West Sir Hans Heysen, HH3-09
Class number
Class number 24892
Section
Section SE02
Size
Size 50
Available
Available 40
Dates Days Time Campus Location Instructor
24 Feb - 14 Apr Tuesday 1:10pm - 4pm Adelaide City Campus West Sir Hans Heysen, HH3-08
5 May - 2 Jun Tuesday 1:10pm - 4pm Adelaide City Campus West Sir Hans Heysen, HH3-08
Class number
Class number 24891
Section
Section SE04
Size
Size 50
Available
Available 26
Dates Days Time Campus Location Instructor
25 Feb - 15 Apr Wednesday 1:10pm - 4pm Adelaide City Campus West Barbara Hanrahan, BH2-16
6 May - 3 Jun Wednesday 1:10pm - 4pm Adelaide City Campus West Barbara Hanrahan, BH2-16

Census date Icon
Census date
Fri 04/09/2026
Enrol by date
Enrol by date
Fri 21/08/2026
Last day to W
Last day to W
Fri 18/09/2026
Last day to WF
Last day to WF
Fri 16/10/2026

Class details

Adelaide City Campus West

Class number
Class number 55010
Section
Section SE03
Size
Size 50
Available
Available 49
Dates Days Time Campus Location Instructor
4 Aug - 22 Sep Tuesday 2:10pm - 5pm Adelaide City Campus West Sir Hans Heysen, HH3-09
13 Oct - 10 Nov Tuesday 2:10pm - 5pm Adelaide City Campus West Sir Hans Heysen, HH3-09
Class number
Class number 55009
Section
Section SE04
Size
Size 50
Available
Available 48
Dates Days Time Campus Location Instructor
5 Aug - 23 Sep Wednesday 9:10am - 12pm Adelaide City Campus West Sir Hans Heysen, HH3-08
14 Oct - 11 Nov Wednesday 9:10am - 12pm Adelaide City Campus West Sir Hans Heysen, HH3-08
Class number
Class number 55008
Section
Section SE05
Size
Size 50
Available
Available 50
Dates Days Time Campus Location Instructor
5 Aug - 23 Sep Wednesday 2:10pm - 5pm Adelaide City Campus West Sir Hans Heysen, HH3-09
14 Oct - 11 Nov Wednesday 2:10pm - 5pm Adelaide City Campus West Sir Hans Heysen, HH3-09

Prerequisite(s)

  • must have completed ECON5001 Economic Principles

Corequisite(s)

N/A

Antirequisite(s)

N/A

Fee calculator

To display course fees, please select your status and program below:

We’re updating this Fee Calculator. It currently shows fees for programs only. Please check the relevant program for full fee details.

Study Abroad student tuition fees are available here.

Only some Postgraduate Coursework programs are available as Commonwealth Supported. Please check your program for specific fee information.

If you are studying in a Professional Pathway Psychology or Clinical Psychology program, please refer to the Student Contributions amounts published here.

The Student Contribution amount displayed below is for students commencing a new program from 2021 onwards. If you are continuing in a program you commenced prior to 1 January 2021, or are commencing an Honours degree relating to an undergraduate degree you commenced prior to 1 January 2021, you may be charged a different Student Contribution amount from the amount displayed below. Please check the Student Contribution bands for continuing students here. If you are an international student, or a domestic student studying in a full fee paying place, and are continuing study that you commenced in 2025 or earlier, your fees will be available here before enrolments open for 2026.