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Valuation Mistakes

Mistake #9: Not Properly Fading the Return on Invested Capital

We’ve covered a lot over the past Top 8 Valuation Mistakes. Don’t forget to read all these great posts here first: But first, don’t forget to catch up with the rest of the articles here. The Top 9 Valuation Mistakes Overly optimistic revenue forecasts Underestimating expenses causing unrealistic profit forecasts Growing fixed assets slower than…

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Mistake #8: Choosing an Unreasonable Cost of Equity

I’ve narrowed down all the mistakes I’ve seen in my career over the last 25 years as an analyst, as a head of research, and in the Valuation Master Class, into these top nine. Check out the previous posts in the series here. Overly optimistic revenue forecasts Underestimating expenses causing unrealistic profit forecasts Growing fixed…

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Mistake #7: Valuing a Stock Using the Calculated Beta

Now in the series, let’s move onto one of the most interesting subjects in valuation: beta. Discussing this crucial element of investing will helps us shed more light on the connected #7 top valuation mistake of valuing a stock using the calculated beta. But first, don’t forget to catch up with the rest of the…

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Time to Celebrate! Valuation Training in Kuala Lumpur

Today marks the 5th Valuation Master Class Live session held so far! Time to celebrate! So far, we’ve held Live sessions in: University of Science and Technology, China CHECK CFA Society Hong Kong CHECK Stamford University, Bangkok CHECK Pacific City Club, Bangkok CHECK… This week, we touched down in Kuala Lumpur! Adding one more stop…

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Mistake #6: Underestimating Working Capital Investment

If you’re jumping in halfway through the series here, be sure to catch up with the beginning Top 9 Valuation Mistakes below first. The Top 9 Valuation Mistakes Overly optimistic revenue forecasts Underestimating expenses causing unrealistic profit forecasts Growing fixed assets slower than revenue Confusing growth with maintenance Capex Forecasting drastic changes in the cash…

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