27 October 2017
20 April 2018
29 October 2018
9:30 - 17:00
This advanced valuation and modelling course looks at the valuation approaches to be taken to enable participants to value sectors which may be at differing stages of development and growth profiles. Traditional valuation techniques assume a simple two or three stage growth profile and a terminal value or basic multiple based valuation tools. This course looks at some of the more difficult companies to value based on the underlying fundamentals of the sector in which the company operates.
The course covers commodity companies, identifying the issues with sectors such as resources, energy and chemicals companies. As well as discussed some of the current issues with traditional cash flow and multiple based valuation approaches the course will cover more advanced valuation approaches. The course will also consider the role of risk assessment in the valuation process and how macro-economic analysis can affect the valuation approach taken.
Examples are provided to illustrate each issue.
Participants will be required to bring a laptop to the course.
Overview of valuation approaches
Other valuation issues
Valuing commodity companies and sectors
Corporate finance is a highly popular sector in the financial services. See related courses:
Corporate Finance Course
Training Course Area
|The Debt Finance Training Course||Asset based lending, Collateralised loan obligations, convertible bonds|
|The Advanced Negotiation Issues in Financial Covenants Course||Annual Debt Service Coverage ratio, Debt-Service Coverage Ratio, Earnings Before Interest, Tax, Depreciation and Amortization|
|Negotiating Heads of Terms (LOI/MOU) & Related Issues||Ancillary documents, commericial contracts and licences, Financial Services and Markets Act 2000|
|Loan Documents and Security Issues Course||bi-lateral vs club vs syndicated deals, Loan market association, mergers and acquisition|
|Valuing Commodity Companies and Sectors||Normalised earnings multiples, probabilistic valuation, valuing a natural resource firm|