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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From Engineering to Finance: How the Valuation Master Class Boot Camp Can Transform Your Career
Are you an engineer considering a career shift to finance? You’re not alone. Many engineers have successfully transitioned into finance through the Valuation Master Class Boot Camp, a six-week intensive program designed to provide practical valuation skills and real-world experience.
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Has Tencent Become a Private Equity Fund?
Tencent achieved its competitive advantage by creating a powerful ecosystem that spans across various industries such as gaming, social media, e-commerce, entertainment, and more. This ecosystem helped the company dominate the market.
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Is It Time to Dump Your Starbucks or Fill up Your Cup?
Starbucks had its worst day in trading since June 2022 %
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Let’s Understand Why Tesla Owner Elon Musk Is No Longer Laughing About BYD…
I estimate BYD’s value at RMB277 per share, implying an upside of 30% from today’s price. This is derived from my DCF-based valuation using a WACC of 9.7% and a terminal growth rate of 3%.
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Airbus Has Outperformed the S&P500 Since 2016
What’s interesting about Airbus is…that since 2016 it has outperformed the S&P500.
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SAP’s Profitability Is Not as High as You Would Think
What’s interesting about SAP is that its profitability is not as high as you would think.
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Careers in Finance with Pichet Sithi-Amnuai
Pichet Sithi-Amnuai is the President of Bualuang Securities, the capital markets arm of Bangkok Bank. He is also the Chairman of the Association of Thai Securities Companies (ASCO), and the Vice chairman of The Stock Exchange of Thailand (SET).
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Starbucks Helps Us Better Understand ROA and ROIC
What’s interesting about Starbucks is that we can use it to better understand ROA and ROIC.
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For Every Dollar of Coca-Cola You Buy a Quarter Goes to Profit
What’s interesting about Coca-Cola is that for every dollar paid, nearly a quarter goes to profit.
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