A DCF valuation (discounted cash flow valuation) estimates what a company is worth today by projecting its future cash flows and discounting them back to present value. It is the most widely used intrinsic valuation method in investment banking, equity research, and corporate finance because it values a business based on its own fundamentals rather…
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Porter’s Five Forces Analysis
For every organization, it is the utmost importance for strategists to enhance long-term profits. Strategy consultants often use Porter’s five forces as the framework or starting point, when making an evaluation of a firm’s strategic position.
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What Is Free Cash Flow to the Firm?
Free cash flow to the firm (FCFF) is the cash flow that a company is ‘free’ to distribute to all…
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Treating Stocks as Business Ownership Is Contrarian Today
When it comes to money and investing decisions, we are not always as rational as we think we are; therefore, in this essay, I will expand about investors’ behavior in the stock market.
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On Bloomberg: Thai Banks Look Pretty Interesting
I appeared on Bloomberg Markets today discussing the upcoming election in Thailand, the current state of the Thai economy and…
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WACC – Theory versus Reality
Since debt is cheaper than equity, in theory, this would mean that a company would prefer to be fully funded…
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8 Value Investing Icons
Value investing is the idea that you can achieve superior investment performance through buying stocks at prices that appear to…
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Increase Your Impact with the Valuation Master Class
Valuation Master Class Live is the leading valuation training workshop for aspiring students and young professionals. Prior attendees say they…
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Increase Your Productivity in Valuation
Valuation Master Class Live is the leading valuation training workshop for aspiring students and young professionals. Prior attendees say they…
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Gain Confidence in Forecasting and Valuation
Valuation Master Class Live is the leading valuation training workshop for aspiring students and young professionals. Prior attendees say they…
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