DCF Valuation

Description

**AMT Training joined Training The Street in 2021. Our eLearning is now offered on Training The Street**

Training The Street’s online self-study courses are perfect for busy professionals who want to sharpen their financial skills and advance their careers. Our self-study courses use the same content and the same instructors to put you in control so you can learn at your own pace.

All participants who attend the public course training receive a certificate of completion.

Our expanded offering provides is now live on TTSacademy.com. Click below for more.

Learn to follow best practices in generating a forecast model and Discounted Cash Flow (DCF) valuation of a business using ‘fundamental valuation’ techniques. DCF can be used on a wide variety of businesses and is used by equity research and institutional investors as well as parties valuing entire businesses such as corporate or ‘strategic’ buyers/ sellers, Private Equity (PE) funds and financial sponsors and advisory firms.

What you will learn

• Forecast free cash flow to the enterprise
• Estimate an appropriate Weighted Average Cost of Capital (WACC) for the business you are valuing
• De-lever comparable companies betas and re-lever to the target capital structure of the business being valued
• Estimate a reasonal Terminal Value (TV) using either a multiple, or a perpetual growth assumption
• Discount free cash flows and TV to valuation date, incorporating the mid-year adjustment
• Translate the resulting EV to an equity value
• Sensitize you results in an Excel data-table