Description
This course comprises two days of training in financial analysis underlying corporate valuations, followed by the three days of training in corporate valuation techniques.
The 2-day introduction will provide delegates with an understanding of:
- How to analyse a firm’s financial statements when undertaking corporate valuations, including how to derive underlying earnings and cashflow
- Ratio analysis, including profitability, performance, leverage, liquidity, returns to firm and equity
- The impact on valuation of debt, financial assets, quasi-debt, provisions, deferred taxes, off balance sheet liabilities and other factors
The subsequent 3-day training is designed to cover the following:
- Valuation fundamentals
- Equity and EV multiple valuations
- DCF valuations
- Applying different valuation techniques and forecasting, using Excel
- The impact of capital structure on valuation
- The impact of corporate finance transactions on valuation
- How qualitative factors influence valuations