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DCF Valuation: The Complete Guide to Discounted Cash Flow Analysis

DCF Valuation: The Complete Guide to Discounted Cash Flow Analysis

By Andrew Stotz

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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Learn Practical Skills in Valuation

By Andrew Stotz

Valuation Master Class Live is the leading valuation training workshop for aspiring students and young professionals. Prior attendees say they…

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

By Andrew Stotz

We’ve covered a lot over the past Top 8 Valuation Mistakes. Don’t forget to read all these great posts here…

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On the Rise of CFA Candidates in Asia

By Andrew Stotz

The CFA program has long been viewed as an essential qualification for anyone hoping to enter the lucrative world of…

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Mistake #8: Choosing an Unreasonable Cost of Equity

By Andrew Stotz

I’ve narrowed down all the mistakes I’ve seen in my career over the last 25 years as an analyst, as…

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9 Steps to Prepping for the CFA Exams

By Andrew Stotz

For each candidate, whether they’re Level 1, 2 or 3, the exams mark a huge milestone on the ascent to…

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Mistake #7: Valuing a Stock Using the Calculated Beta

By Andrew Stotz

Now in the series, let’s move onto one of the most interesting subjects in valuation: beta. Discussing this crucial element…

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Fundamental Vs Technical Analysis for Investing

By Andrew Stotz

Investors use a number of techniques to evaluate stocks before making a trade or long-term investment decision. The two core…

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Time to Celebrate! Valuation Training in Kuala Lumpur

By Andrew Stotz

Today marks the 5th Valuation Master Class Live session held so far! Time to celebrate! So far, we’ve held Live…

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Mistake #6: Underestimating Working Capital Investment

By Andrew Stotz

If you’re jumping in halfway through the series here, be sure to catch up with the beginning Top 9 Valuation…

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