A DCF model projects a company’s future cash flows, discounts them to today’s value, and produces an estimate of what the business is intrinsically worth. It is the core analytical tool in DCF valuation, the method used by investment banks, equity research analysts, and corporate finance teams to value companies based on fundamentals rather than…
Read More
Best YouTube Channels to Learn Advanced Excel Skills
Is Excel overwhelming for you? Or are you an Excel pro looking to add more tricks onto your utility belt?…
Read More
30 Students Graduated from the Valuation Master Class Boot Camp 03
On April 15th, 2022, 30 students graduated from the Valuation Master Class Boot Camp, a 6-week course training attendees to value any company in the world.
Read More
What Is the Valuation Master Class?
The Valuation Master Class is the only program that trains you exactly how to value actual companies like a pro and get your dream job in finance.
Read More
Everything about Share Buybacks
In this post I provide important research on the topic of share buybacks.
Read More
Present Equity Research That Wins the CFA Research Challenge
In this video, I go through the 10 elements that can help you win the CFA Institute Research Challenge. I wrote this from my own experience both as a judge and more importantly as a financial analyst all my career.
Read More
Analyzing Liquidity Using Cash Conversion Cycle
Regardless of how profitable a company is, if the business is unable to generate cash to cover its creditors, the company will run the risk of bankruptcy and collapse.
Read More
The Significance of Invested Capital Growth
Invested Capital Growth is one of the most important forecasts in firm valuation.
Read More
Currency Hedging Strategies for Companies
Invested Capital Growth is one of the most important forecasts in firm valuation.
Read More
Issues faced when valuing a declining company
When used to value a declining company, analysts will face special challenges as the characteristics of a declining company will cause some of the valuation model’s assumptions to break down.
Read More