Discounted Cash Flow Valuation trending topic

with Ned Krastev
4.9/5
(458)

Master DCF Valuation: Learn to build real-world company valuation models

3 hours of content 5018 students

$99.00

Lifetime access

Buy now
14-Day Money-Back Guarantee

What you get:

  • 3 hours of content
  • 20 Interactive exercises
  • 55 Downloadable resources
  • World-class instructor
  • Closed captions
  • Q&A support
  • Future course updates
  • Course exam
  • Certificate of achievement

Discounted Cash Flow Valuation trending topic

A course by Ned Krastev

$99.00

Lifetime access

Buy now
14-Day Money-Back Guarantee

What you get:

  • 3 hours of content
  • 20 Interactive exercises
  • 55 Downloadable resources
  • World-class instructor
  • Closed captions
  • Q&A support
  • Future course updates
  • Course exam
  • Certificate of achievement

$99.00

Lifetime access

Buy now

$99.00

Lifetime access

Buy now
14-Day Money-Back Guarantee

What you get:

  • 3 hours of content
  • 20 Interactive exercises
  • 55 Downloadable resources
  • World-class instructor
  • Closed captions
  • Q&A support
  • Future course updates
  • Course exam
  • Certificate of achievement

What You Learn

  • Improve your financial modeling skills by learning to build sophisticated valuation models
  • Learn from an experienced instructor and adopt industry-standard best practices in financial modeling
  • Gain a deep understand of the key drivers of business value: growth and profitability
  • Develop the skills to forecast P&L and Balance sheet items and integrate them into a comprehensive 3-statement model
  • Learn to format your Excel work professionally to improve the presentation of your financial models
  • Acquire practical skills that will impress hiring managers

Top Choice of Leading Companies Worldwide

Industry leaders and professionals globally rely on this top-rated course to enhance their skills.

Course Description

Discounted Cash Flow valuation is the cornerstone of modern valuation theory—an intellectual exercise that requires business acumen, financial modeling skills, and a solid grasp of company valuation know-how. Whether you’re a financial analyst, an investment banker, or an investment analyst, our Discounted Cash Flow Valuation course will teach you a fundamental skill that is highly sought-after in the finance world. This practical course straightforwardly introduces the theory behind DCF modeling. These lessons address the two key factors that drive company value, the importance of a business from an investor’s perspective, calculating a firm’s future cash flows, the discount rate for the time value of money, calculating the average weighted cost of capital, and obtaining a businesses’ value after the explicit forecast period. You’ll learn the fundamental theory behind Discounted Cash Flow valuation in less than one hour. You'll apply your theoretical knowledge in the second part of the course and practice your DCF modeling skills in Excel, skipping no steps. In addition—to account for ambiguity—we'll build a few different scenarios into the model, allowing users to switch between them effortlessly. All of this will help you uncover the fair value of businesses through fundamental analysis, which will prove to be an indispensable skill throughout your career.

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Why value a company?

1.1 Why value a company?

4 min

An investor's perspective

1.3 An investor's perspective

4 min

Defining the two main value drivers

1.4 Defining the two main value drivers

2 min

How to calculate Unlevered Free Cash Flow

1.6 How to calculate Unlevered Free Cash Flow

6 min

Introducing a discount factor: Weighted average cost of capital

1.7 Introducing a discount factor: Weighted average cost of capital

5 min

Calculating cost of debt

1.9 Calculating cost of debt

2 min

Curriculum

  • 1. Fundamentals of Discounted Cash Flow (DCF) Valuation
    11 Lessons 44 Min

    The first section of our Discounted Cash Flow Valuation course starts by providing context about the two variables that determine a company’s value in the long run: revenue growth and profitability. Then the lessons focus on the mechanics of Unlevered Free Cash Flow calculation and the appropriate discount to be used when discounting UFCF: Weighted Average Cost of Capital (WACC). The course explains in detail practical ways to obtain a firm’s cost of debt and equity. Lastly, students will learn how to obtain Terminal Value—the value of a firm after the explicit forecast period.

    Why value a company?
    4 min
    An investor's perspective
    4 min
    Defining the two main value drivers
    2 min
    How to calculate Unlevered Free Cash Flow
    6 min
    Introducing a discount factor: Weighted average cost of capital
    5 min
    Calculating cost of debt
    2 min
    Calculating cost of equity
    6 min
    Forecasting financials in the explicit forecast period
    4 min
    How to obtain Terminal Value
    4 min
    Obtaining present value of cash flows from the explicit forecast period and Terminal Value
    3 min
    Calculating Enterprise and Equity Value
    4 min
  • 2. Building a DCF model in practice
    28 Lessons 77 Min

    In the second part of the course, students are engaged in their own real-life DCF modeling in Excel. The lessons are easy to understand and allow a hands-on learning experience with the theory learned earlier.

    Structure of the DCF Model we will create
    3 min
    The company we will value
    1 min
    Forecasting revenue growth
    4 min
    Modeling for multiple scenarios
    2 min
    Forecasting Other revenue and Cogs
    4 min
    Calculating Opex and Depreciation and Amortization
    2 min
    Obtaining the rest of Profit and Loss items
    3 min
    Overview of Balance sheet items
    1 min
    Introducing the Days methodology to forecast working capital items
    2 min
    Calculating DSO, DIO, DPO for the historical period
    1 min
    Forecasting DSO, DPO, DIO
    2 min
    Forecasting PPE, Other assets, Other liabilities
    2 min
    P&L structure
    3 min
    Filling in the P&L sheet
    2 min
    Filling in the Balance sheet
    2 min
    Completing the Balance sheet
    4 min
    Working on a Cash Flow structure
    3 min
    Bridging Unlevered Free Cash Flow to Net Cash Flow
    2 min
    Calculating Unlevered Free Cash Flow
    7 min
    Calculating Net Cash Flow
    4 min
    Filling in the entire forecast period
    4 min
    Introducing a discount factor and a perpetuity growth rate
    2 min
    Calculating the present value of future cash flows
    3 min
    Obtaining Terminal Value and Enterprise Value
    2 min
    Calculating Equity Value
    1 min
    Performing a sensitivity analysis
    5 min
    A modeling application of Goal Seek
    2 min
    Visualizing DCF: Understanding financial projections through charts
    4 min

Topics

DCFValuationExcelFinancial Modeling

Tools & Technologies

excel

Course Requirements

  • Highly recommended to take the Intro to Excel, Accounting and Financial Statement Analysis, and Corporate Finance courses first
  • You will need Microsoft Excel 2016, 2019, or Microsoft Excel 365

Who Should Take This Course?

Level of difficulty: Beginner

  • Aspiring investment bankers, financial analysts, investment analysts
  • Existing investment bankers who have recently started their career and need to improve their valuation skills
  • Business owners and startup founders who want to learn how to value their business

Exams and Certification

A 365 Financial Analyst Course Certificate is an excellent addition to your LinkedIn profile—demonstrating your expertise and willingness to go the extra mile to accomplish your goals.

Exams and certification

Meet Your Instructor

Ned Krastev

Ned Krastev

CEO at

24 Courses

34432 Reviews

402689 Students

Nedko earned a Master’s degree in Finance from Bocconi University (Milan, Italy) in 2012. Then, he gained valuable working experience with exciting firms like PwC Italy (Financial Advisory and M&A), Coca-Cola European Partners (Financial Analyst), and Infineon Technologies (M&A). In 2014, he published his first online course on financial modeling and valuation when he realized that creating educational materials is his true calling. The amazing students and content creators in the data science community, the 365 team, and the strong desire to build the perfect learning platform drive Nedko to continue on this exciting journey. His goal is to establish 365 Data Science as the learning platform that bridges the gap between theoretical knowledge and practical business application.

What Our Learners Say

19.12.2024
19.12.2024

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