Stock valuation, deep dive
An advanced course for investors who already know the basics: how to build a discounted cash flow model, use comparable multiples the way analysts actually use them, size a margin of safety, and spot the valuation 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.