Stock valuation, deep dive
An advanced course on valuing stocks like an analyst, covering discounted cash flow models, comparable multiples, margin of safety, and the traps that make a cheap-looking stock a bad one.
Why valuation matters: price vs. value
Locked until the prerequisite course is complete.
What a valuation analyst actually pulls from the statements
Locked until the prerequisite course is complete.
Free cash flow: the basis professionals actually value
Locked until the prerequisite course is complete.
The DCF model, part 1: projecting future cash flows
Locked until the prerequisite course is complete.
The DCF model, part 2: discount rate, terminal value, and the final number
Locked until the prerequisite course is complete.
Comparable company analysis: P/E, EV/EBITDA, P/B, and P/S
Locked until the prerequisite course is complete.
Picking the right comparables and adjusting for differences
Locked until the prerequisite course is complete.
Margin of safety
Locked until the prerequisite course is complete.
Economic moats and how much certainty they buy you
Locked until the prerequisite course is complete.
Valuation traps and red flags
Locked until the prerequisite course is complete.
The dividend discount model: valuing a stock from its dividends
Locked until the prerequisite course is complete.
Estimating the discount rate: WACC in practice
Locked until the prerequisite course is complete.
Sensitivity and scenario analysis: bull, base, and bear cases
Locked until the prerequisite course is complete.
Sum-of-the-parts valuation for conglomerates
Locked until the prerequisite course is complete.
Triangulating a final valuation estimate
Locked until the prerequisite course is complete.