ये कोर्स करने के बाद, मैं पेशेवर विज़ुअलाइज़ेशन और डैशबोर्ड बनाने में आत्मविश्वास महसूस करता हूँ
Shoebur Rahmanप्रोक्योरमेंट विशेषज्ञ, Giz Bangladesh
कोर्स विवरण
How do we know when a stock is cheap or expensive? To do this, we need to compare the stock's price with its value. The price of the stock can be obtained by looking at various public sources, such as Yahoo Finance or Google Finance. The value of the stock though is much harder to identify. Every investor has to form his or her valuation of the stock. In this course, you will learn the fundamentals of valuing stocks using present value approaches, such as free cash flow to equity and dividend discount models, and valuation multiples. By the end of this course, you will be able to build your own valuation models.
पूर्वापेक्षाएँ
पाठ्यक्रम
कोर्स रूपरेखा
1
Present Value Approaches
Many individuals and institutions invest in equities. To do so effectively, the investor must have a solid understanding of how the value of the equity compares to the stock price. In this course, we focus on fundamental concepts of equity valuation. We begin with a discussion of time value of money and then move on to the first of two discounted cash flow methods we will discuss - the free cash flow to equity valuation model.
- Course Intro and Fundamental Valuation50 XP
- Time Value of Money100 XP
- Difference Between Valuing Enterprise and Equity Cash Flows50 XP
- The Free Cash Flow to Equity Model50 XP
- Calculating Operating Profit50 XP
- Calculate Free Cash Flow to Equity100 XP
- Calculating Terminal Value100 XP
- Calculating Equity Value50 XP
- Calculating Present Value of Free Cash Flow to Equity100 XP
- Calculate Present Value of Terminal Value100 XP
- Calculate Equity Value100 XP
2
Perpetuity Growth Rate, Analyzing Projections, and Using a Dividend Discount Model
One of the critical components of free cash flow to equity valuation is using reliable projections. In the first part of this chapter, we will discuss ways to analyze the projections to help us identify the right questions to ask. In the second part of this chapter, we will go through the second of our discounted cash flow models - the dividend discount model. In this approach, we discount expected dividends instead of free cash flows.
3
Discount Rate / Cost of Capital Estimation
To be able to discount cash flows, we need a discount rate. For the free cash flow to equity and dividend discount model, the cost of equity is the appropriate discount rate. In this chapter, we will discuss how each of the components of the cost of equity are calculated.
4
Relative Valuation
Relative valuation allows us to use the valuation of comparable companies to infer the value of our subject firm. In this chapter, we discuss how to identify comparable companies and how to calculate valuation multiples. We also show how to analyze the determinants of multiples.
5
Comprehensive Exercise
This chapter combines the lessons from Chapters 1 to 4 in a series of exercises. You will be asked to inspect the data and to value the firm using discounted cash flow and relative valuation approaches. At the end, you will combine the results in a summary table.
R
Equity Valuation in R
कोर्स
पूर्ण
