Course overview
This course examines companies from a fundamental perspective to determine the intrinsic value of stocks. Topics covered include fundamental analysis and growth estimation; discounted cash flow models, such as dividend discount and free cash flow models; relative valuation models, including price-earnings and price-book multiples; discount rate estimation; and the valuation of firms in financial distress, investments in other firms, and mergers and acquisitions.
- Discounted Cash Flow Valuation
- Relative Valuation
- Special Valuation Cases
Course learning outcomes
- Conduct valuations 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
Degree list
The following degrees include this course