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How to Build a DCF Model

How to Build a DCF Model: Step-by-Step Tutorial

By Andrew Stotz

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…

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Investment in Commodities

By Valuation Master Class Student

Commodities are alternative investments. They can provide significant benefits to the portfolio’s diversification as well as inflation protection. They can also be used to trade based on the macroeconomic view of traders, such as arbitrageurs or speculators.

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Value and Growth Investing: Finding the Best of Both Worlds

By Valuation Master Class Student

value investing is an investment strategy that seeks returns through the discovery of undervalued stocks as well as finding a margin of safety.

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The Relationship Between the Yield Curve And the Stock Market

By Valuation Master Class Student

The yield curve reflects investor expectations of future interest rates at any point in time.

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Leveraged Buyouts

By Valuation Master Class Student

Leveraged buyout (“LBO”) is an acquisition of an entire company or its division. The buyer (the “sponsor”) raises debt and equity to acquire the target.

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Distressed Firms

By Valuation Master Class Student

Financial distress is a situation when a company cannot meet or has difficulties to pay off its financial obligations to its creditors.

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Oil Refinery Business in Thailand: What they do and what do investors need to know

By Valuation Master Class Student

The oil refinery is one of the major businesses in Thailand with a market capitalization over 600 billion THB.

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Treating Stocks as Business Ownership Is Contrarian Today

By Valuation Master Class Student

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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Introduction to Derivatives Market

By Valuation Master Class Student

Risk is inherent in financial and commodity markets.

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Accounting of Investments in the Balance Sheet

By Valuation Master Class Student

A power arises from rights. Rights can be voting rights or out of contractual arrangements.

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