Valuing Companies

Start Date: 02/10/2019

Course Type: Common Course

Course Link:

About Course

This course is a theoretically sound and practical exposure to valuation. As the final course of the Specialization, it will be useful to anyone in executing or critically evaluating company analyses conducted by experts. We have put together everything you have learned in the first three courses, modified frameworks and first applied them to carefully crafted real world situations (or mini-cases), and then presented you with a capstone project to value one of the most well-known companies of the past three decades. This Capstone Project will make you appreciate how finance is both a science and an art form.

Course Syllabus

This module contains detailed videos and syllabi of both the Specialization and this course. This specialization has been designed to enable you to learn and apply the powerful tools of modern finance to both personal and professional situations. The courses within progress linearly and build on each other and it is important for you to get an understanding of why this specialization may be relevant to your goals, again both personal and professional. Please review the videos and syllabi as they will give you a sense of the specialization and how this specific course fits within. The teaching style and philosophy of the instructors is also presented to you (hopefully) in sufficient detail. Most importantly, it will give you enough information for you to make a decision about whether you want to take this course, by itself or as part of a specialization.

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Course Introduction

This course is a theoretically sound and practical exposure to valuation. As the final course of the

Course Tag

Valuation (Finance) Corporate Finance Stock Valuation Investment

Related Wiki Topic

Article Example
Price–earnings ratio The price/earnings ratio (often shortened to the P/E ratio or the PER) is the ratio of a company's stock price to the company's earnings per share. The ratio is used in valuing companies.
Branislav Andjelić In 2005 Andjelić and several of his friends from the Djindjić administration formed Altis Capital, a corporate finance and strategic management advisory firm based in Belgrade. In parallel Andjelić went back to school and earned a master's degree in business from Grenoble Graduate School of Business in 2006. He is currently writing his PhD thesis on valuing companies in transition economies.
Companies Act The Companies Acts 1862 to 1893 is the collective title of the Companies Act 1862, the Companies Seals Act 1864, the Companies Act 1867, the Joint-Stock Companies Arrangement Act 1870, the Companies Act 1877, the Companies Act 1879, the Companies Act 1880, the Companies (Colonial Registers) Act 1883, the Companies Act 1886, the Companies (Memorandum of Association) Act 1890, the Companies (Winding-up) Act 1890, the Directors Liability Act 1890 and the Companies (Winding-up) Act 1893.
Companies House The Companies Act 2006 was fully implemented on 1 October 2009 and the Northern Ireland companies register was fully integrated into Companies House. Companies House maintains a satellite office in Belfast, headed by the Registrar of Companies for Northern Ireland.
Companies Act The Companies Clauses Acts 1845 to 1889 is the collective title of the Companies Clauses Consolidation Act 1845, the Companies Clauses Act 1863, the Companies Clauses Act 1869, the Companies Clauses Consolidation Act 1888 and the Companies Clauses Consolidation Act 1889.
Companies House Companies House is also responsible for dissolving companies.
Antiquarian Booksellers Association Antiquarian booksellers are defined as individuals, sole traders, partnerships, companies, and corporations having antiquarian book departments, routinely and professionally engaged in purchasing, valuing, pricing and selling antiquarian books.
Investment A popular valuation metric is Earnings Before Interest, Tax, Depreciation and Amortization (EBITDA), with application for example to valuing unlisted companies and mergers and acquisitions.
Companies House The Edinburgh office handles companies incorporated in Scotland. These companies are subject to Scots law.
Royalty payment The method may be quite useful for valuing trademarks of a listed company if it is mainly or the only IP in play (franchising companies).
Companies Act The Companies Acts 1948 to 1980 was the collective title of the Companies Act 1948, Parts I and III of the Companies Act 1967, the Companies (Floating Charges and Receivers) (Scotland) Act 1972, section 9 of the European Communities Act 1972, sections 1 to 4 of the Stock Exchange (Completion of Bargains) Act 1976, section 9 of the Insolvency Act 1976, the Companies Act 1976, and the Companies Act 1980.
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Trustmark Companies Trustmark Companies is an employee benefits company. According to Crain's Chicago Business magazine, with 2011 revenue of $960 million, Trustmark Companies ranks #37 among Chicago's Largest Privately Held Companies.
Companies House The Companies House office in Cardiff handles companies incorporated in England and Wales. These companies are subject to English law. There was another office at Nantgarw, Wales, however this location was closed in 2011.
Companies House The Joint Stock Companies Act 1844 permitted the incorporation of joint-stock companies, previously only possible by the mechanisms of royal charter or private act, which had meant few companies were formed. The act therefore required that all companies formed under it were recorded on a public register, and created the office of Registrar of Joint Stock Companies to be responsible for maintaining the register.
Companies Act The Companies Acts 1948 to 1976 was the collective title of the Companies Act 1948, Parts I and III of the Companies Act 1967, the Companies (Floating Charges and Receivers) (Scotland) Act 1972, section 9 of the European Communities Act 1972, sections 1 to 4 of the Stock Exchange (Completion of Bargains) Act 1976, section 9 of the Insolvency Act 1976, and the Companies Act 1976.
Companies House Companies House is the United Kingdom's registrar of companies and is an executive agency and trading fund of Her Majesty's Government. It falls under the remit of the Department for Business, Energy and Industrial Strategy (BEIS) and is also a member of the Public Data Group. All forms of companies (as permitted by the United Kingdom Companies Act) are incorporated and registered with Companies House and file specific details as required by the current Companies Act 2006. All registered limited companies, including subsidiary, small and inactive companies, must file annual financial statements in addition to annual company returns, which are all public records. Only some registered unlimited companies (meeting certain conditions) are exempt from this requirement.
Companies Court The Companies Court is a specialist court within the Chancery Division of the High Court of Justice of England and Wales, which deals with certain matters relating to companies. These include matters which are regulated by the Companies Acts, the Financial Services and Markets Act 2000, the Insolvency Acts in relation to companies registered in England and Wales, or the Company Directors Disqualification Act 1986, which must be commenced in the Companies Court.
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Discounted cash flow Another shortcoming is the fact that the Discounted Cash Flow Valuation should only be used as a method of intrinsic valuation for companies with predictable, though not necessarily stable, cash flows. The Discounted Cash Flow valuation method is widely used in valuing mature companies in stable industry sectors such as Utilities. At the same time, this method is often applied to valuation of high growth technology companies. In valuing young companies without much cash flow track record, the Discounted Cash Flow method may be applied a number of times to assess a number of possible future outcomes, such as the best, worst and mostly likely case scenarios.