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? Go beyond the academic theory of financial ratios and apply fundamental analysis and real-world methods of evaluating a company’s intrinsic value. Review comparables, discounted cash-flow analysis, and leveraged-buyout analysis. Then perform the following valuation modeling techniques in Excel: trading statistics, trading comps, reference range analysis, football field construction, and WACC calculation. Although given in the context of M&A, these tools are useful for any financial professional interested in analyzing a company.

Prerequisite: Intermediate proficiency using Excel is required. NYSSA’s “Excel Fundamentals for the Finance Professional” is highly recommended.

Level: Basic/Intermediate