Company Valuation Ultimate Course

Name: Company Valuation Ultimate Course
Rating: 5.0 (51 reviews)

Corporate Valuation for Analysts: DCF Modeling and Comparable Analysis, Learn How Professionals Value Companies.

Highest Rated

Created byHamza Majeed

Last updated 1/2026

English

What you'll learn

Understand the core principles of corporate valuation and the difference between price and intrinsic value
Explain enterprise value versus equity value and when each measure is used
Analyze financial statements from a valuation perspective rather than a purely accounting view
Interpret balance sheet strength, income statement trends, and cash flow dynamics
Use key financial ratios and performance metrics to assess business quality and risk
Normalize earnings by adjusting for non-recurring and non-operating items
Apply the discounted cash flow (DCF) framework and understand its underlying logic
Forecast revenues, growth rates, and key value drivers
Calculate free cash flow to the firm (FCFF) and free cash flow to equity (FCFE)
Estimate the cost of debt and cost of equity, including beta analysis
Compute weighted average cost of capital (WACC) correctly
Calculate terminal value using different methodologies
Perform relative valuation using comparable company analysis
Apply equity and enterprise value multiples appropriately
Understand and use precedent transaction analysis
Apply asset-based valuation methods in special situations

Course content

5 sections • 25 lectures • 1h 33m total length

Introduction to Corporate Valuation3:16
The Role of Valuation in Finance3:26
Valuation acts as the primary compass in finance, translating assets into a standard value to guide investment decisions and capital allocation. It underpins mergers and acquisitions, credit analysis.
Distinction Between Price and Value3:28
Distinguish price from value in corporate finance, analyze intrinsic value, assess market signals, and apply margin of safety as prices converge toward intrinsic value.
Enterprise Value versus Equity Value3:40
The Primary Approaches to Valuation3:27
Apply the income (DCF), market (multiples), and asset-based valuation to triangulate a firm’s worth, ensuring robust, convergent conclusions for real-world valuation.

Reading the Balance Sheet for Valuation Purposes3:24
Analyze the balance sheet as a map of resources and obligations, emphasizing liquidity, working capital, intangible assets and goodwill, beyond historical cost, to inform enterprise value and cash flow projections.
Analyzing Income Statement Trends3:35
Analyze income statement trends to gauge revenue growth, margins, and quality of revenue over 3–5 years. Identify non-recurring items and evaluate EBIT/EBITDA as cash-flow proxies to inform forecasts and value.
Understanding Cash Flow Statement Dynamics3:20
Explore how the cash flow statement reveals true liquidity by tracing cash from operating, investing, and financing activities to derive free cash flow for valuation.
Key Financial Ratios and Performance Metrics3:22
Normalizing Earnings and Non-Recurring Items3:45
Learn to normalise earnings by removing non-recurring items and accounting distortions to arrive at run-rate earnings and normalized EBITDA for fair, apples-to-apples valuation.

The Conceptual Framework of Discounted Cash Flow3:34
Master the discounted cash flow framework by translating future cash flows into present value using a time value of money and risk-adjusted discount rate, guiding intrinsic valuation and enterprise value.
Forecasting Revenue and Growth Rates4:13
Forecast revenue using top-down and bottom-up methods, distinguish organic and inorganic growth, analyze price elasticity and volume levers. Apply sensitivity analysis to ensure terminal growth remains below long-run economic growth.
Estimating Free Cash Flow to the Firm3:44
Compute FCFF, the unlevered cash flow, from EBIT to NOPAT, add back depreciation and amortization, subtract capex and change in non-cash working capital to derive enterprise value.
Estimating Free Cash Flow to Equity3:37
Determining the Cost of Debt3:51
Estimate the cost of debt from market yields on long-term bonds, account for the tax shield, and assess credit risk with ratings to determine a robust discount rate.
Calculating the Cost of Equity and Beta3:44
Learn to compute the cost of equity using CAPM, incorporating the risk-free rate, equity risk premium, and beta, with adjustments for size, country risk, and capital structure.
The Weighted Average Cost of Capital3:50
Terminal Value Calculation Methods3:28
Explore terminal value in valuations by comparing perpetual growth (Gordon growth model) and exit multiple methods, discounting to present value, and triangulating results against market realities.

Introduction to Relative Valuation3:37
Explore relative valuation as a market reality check, using multiples like p/e and ev/ebitda to compare peers and precedents and build a comp set that guides interpretation of market prices.
Principles of Comparable Company Analysis3:34
Equity Multiples and Price to Earnings Ratios3:53
Explore equity multiples like the price-to-earnings ratio, distinguishing trailing and forward earnings, and understand how growth, risk, payout, and normalized earnings shape valuation; compare price-to-book for capital-structure-sensitive industries.
Enterprise Value Multiples and Revenue Multiples4:33
Explore enterprise value multiples, especially EV to EBITDA and EV to revenue. Compare firms across capital structures and assess recurring revenue quality with rule of 40 and leverage.
Precedent Transaction Analysis4:51
Analyze historical precedent deals from mergers and acquisitions to gauge what buyers paid for control, using EV/EBITDA and EV/revenue multiples, considering deal structure, synergies, and market conditions to set ceilings.

Asset-Based Valuation Methods4:15
Apply asset-based valuation methods to assess a company as a net asset value, adjusting for going concern versus liquidation value and accounting for intangibles and off-balance sheet items.
Reconciling DCF and Multiples4:24
Reconcile discounted cash flow and multiples with the football field chart to derive defensible valuation ranges, weighting methods by context and incorporating 52-week highs/lows and analyst targets.

Requirements

Willingness to learn and think analytically about businesses and financial data
Interest in corporate finance, investment analysis, or business valuation

Description

This course contains the use of artificial intelligence

This an Unofficial Course.

This course is a comprehensive, practical, and professionally structured guide to corporate valuation, designed to help you understand how companies are valued in real-world finance and investment settings. It takes you step by step from the core concepts of value and price to advanced valuation techniques used by financial analysts, investment bankers, corporate finance professionals, and investors.

You will begin by building a strong foundation in valuation thinking, learning why valuation matters in finance and how value differs from market price. The course clearly explains enterprise value and equity value and shows how different valuation approaches are used depending on the purpose of the analysis. These concepts form the framework that supports all modern valuation work.

The course then focuses on financial statement analysis from a valuation perspective. You will learn how to read and interpret the balance sheet, income statement, and cash flow statement with the specific goal of assessing value rather than just accounting performance. Emphasis is placed on understanding business drivers, identifying trends, evaluating profitability and efficiency, and adjusting financials by normalizing earnings and removing non-recurring items to arrive at sustainable cash flows.

A major portion of the course is dedicated to discounted cash flow valuation. You will learn the logic behind DCF, how to forecast revenues and growth, and how to estimate free cash flow to the firm and free cash flow to equity. The course provides clear, practical guidance on determining the cost of debt, calculating the cost of equity using beta, and computing the weighted average cost of capital. Terminal value estimation methods are explained in detail so you can confidently complete full valuation models.

In addition to intrinsic valuation, the course covers relative valuation techniques used widely in the industry. You will learn how to perform comparable company analysis, apply equity and enterprise value multiples, and understand when and how precedent transaction analysis is used. The course emphasizes interpretation and judgment, helping you understand not just how to calculate multiples, but how to use them correctly.

The course also introduces specialized valuation contexts, including asset-based valuation methods, and shows how to reconcile results from DCF and relative valuation approaches to form a well-reasoned conclusion of value. Throughout the course, the focus remains on practical application, logical reasoning, and developing an analyst’s mindset rather than mechanical calculations.

By the end of this course, you will have a clear, structured understanding of corporate valuation and the confidence to analyze companies, interpret valuation results, and apply valuation techniques in academic, professional, or investment settings.

This course is ideal for students, finance professionals, and anyone seeking a solid, real-world understanding of how businesses are valued in modern finance.

Thank you

Who this course is for:

Students studying finance, accounting, business, or economics who want a strong foundation in corporate valuation
Aspiring financial analysts, investment bankers, equity research analysts, and valuation professionals
Professionals working in corporate finance, strategy, consulting, or accounting who want to strengthen their valuation skills
Investors and entrepreneurs who want to understand how businesses are valued and how investment decisions are made
Professionals preparing for finance-related roles, interviews, or certifications
Anyone interested in learning practical, real-world corporate valuation techniques in a structured and easy-to-follow way

Company Valuation Ultimate Course

What you'll learn

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Course content

Foundations of Value5 lectures • 17min

Financial Statement Analysis for Valuation5 lectures • 17min

Discounted Cash Flow Methodology8 lectures • 30min

Relative Valuation and Multiples5 lectures • 20min

Specialized Valuation Contexts2 lectures • 9min

Requirements

Description

Who this course is for: