Corporate Valuation Methodologies

How can you tell if a company is undervalued or overvalued? Is the current stock price the only measure of value? Why would one company command a higher or lower premium than its direct competitor? Take a practical, tangible, and non-theoretical approach to examining how corporations are valued and the major analytical tools that are used. Review relative valuation methodologies (trading comps, deal comps) to fundamental valuation (discounted cash flow analysis), and then perform valuation modeling techniques in Excel. Build trading comps analysis by inputting historical results and analyst projections for comparable companies. Calculate current standalone market valuation multiples. Construct a detailed comprehensive reference range and football field analysis that quantifies valuation methodologies. Crystallize and appreciate the capital structure and the relationship between total enterprise value, equity value and price per share.

Prerequisites: An intermediate proficiency using Excel and basic finance fundamentals.
Note: Bring your PC laptop with Microsoft Excel installed and a CD-ROM drive. Mac applications may not be as effective.

Also Recommended: Valuation Concepts: Technical Aspects, Nuances and Exceptions on April 20.