Demystifying Company Valuations
This course aims to clearly explain and make understandable the key principles behind equity analysis and the use and interpretation of financial information in valuing companies.
Who should attend?
This course is designed for people working in investor relations, corporate communications and financial PR who are not finance professionals. It is not necessary to have a financial background to benefit from the course, however, participants should have a basic knowledge of company accounts.
Programme
Introduction and the fundamental concept of DCF
- Introduction to investment concepts
- Concept of discounted cash flow
- Use of discount factors
- Weighted average cost of capital
Current Financial Performance – Using the Accounts
- Profit measurement
- Effect of accounting policies
- Creative accounting
- Funding and gearing
- Valuation of assets
Risk vs. Return
- Investors risk appetite
- Portfolio diversification
Introduction to Valuation Methods
- Comparison between most common methods
- The Shareholder Value Model
Summary and Conclusion