This course can be presented in-house via live webinar.
The trainer has 15 years of experience in accounting and investment banking at leading firms and is an experienced financial trainer who has delivered courses for financial institutions in the City of London and around the world, in the areas of Corporate Finance, Equity Valuation (Industrials and Banks), Financial Modelling, M&A, LBO, Financial Accounting, Capital Markets, Bank Regulatory Capital, Financial Risks, both in English and French.
Case study I – Modelling of two-stage terminal value
Modelling of NOLs, flexible deal dates and mid-year discounting
Case study II – Unlever and relever betas for a food manufacturing company
Case study III – Analysing the stock options of Linkedin
Case study IV – AB InBev and subsidiaries’ NCI
AB InBev and Grupo Modelo as associate
Case study V – Computing Ryanair and Easyjet adjusted EV/EBIT
Case study VI – Analyse the pension deficit of British Telecom
This Advanced Equity Valuation course covers the more advanced areas of Equity Valuation. Participants discuss complex issues such as a two-stage terminal value, valuation of net operating losses, WACC for private companies and issues in the reconciliation between enterprise and equity value (associates, non-controlling interests, operating leases, pension deficits).