Udemy
    •  
    •  
    •  
    •  
    •  
    •  
    •  
    •  
Subscribe
Turn what you know into an opportunity and reach millions around the world.
Learn More
Your cart is empty.
Keep shopping
Understanding Discounted Cash Flow (DCF) & Free Cash Flows
Rating: 4.2 out of 5(33 ratings)
188 students

Understanding Discounted Cash Flow (DCF) & Free Cash Flows

Learn from a real value investor & independent board director, MBA, INSEAD IDP with PE & VC experience
Created byCandi Carrera
Last updated 11/2021
English

What you'll learn

  • Become fluent in executing a discounted cash flow calculation
  • Be able to differentiate between Free Cash Flow to the Firm (FCFF) & Free Cash Flow to Equity (FCFE)
  • Be able to calculate the intrinsic value of a firm using FCFF & FCFE methods
  • See through 2 real international companies how the calculations are done

Course content

1 section • 5 lectures • 55m total length

  • Introduction3:40

    In this first lecture, I will explain the multi-layered learning method and also walking you through the table of contents of this investor quicktake training

  • Understanding valuation9:33

    The second lecture will reposition the act of valuation and the various categories of valuation that exist (absolute vs relative). You will be able to understand where the discounted cash flow valuation method sits in the various categories of valuation.

  • Cash flow types10:49

    Understanding the difference between operating cash flow vs investing and financing cash flow is key to practice free cash flows. You will learn in this lecture how to read a cash flow statement and understanding the differences between the 3 types of cash flows.

  • Company valuation using free cash flows28:24

    After this lecture, you will have practiced concrete Free Cash Flow to the Firm (FCFF) and to Equity (FCFE) calculations using 2 real world companies being Daimler/Mercedes & Kelloggs. You will have practiced your idea looking at the cash flow statement of both companies and be able to differentiate between FCFF and FCFE elements.

  • Conclusion3:27

    Sharing at the end of the course my personal 3 variable arbitrations to be able to do the FCFF and FCFE calculations.

Requirements

  • Have an average understanding of financial statements
  • Be able to differentiate between balance sheet, income statement & cash flow statement

Description

This investor quicktake course will enable you to have an easy & straightforward understanding of company cash flows, why cash flow is an absolute valuation method and how to calculate a discounted cash flow. You will also understand the difference between earnings & cash flows.

At the end of this quicktake course, students will be able to differentiate between operating cash flow, investing cash flow and financing cash flow. Furthermore we will practice with Daimler/Mercedes & Kelloggs and calculate a discounted free cash flow to the firm and discounted free cash flow to equity.

Objective of this course is to allow you in a very short period of time (approximately 1 hour) to grasp the essence of cash flows.

Investing in stocks and acting as a business-owner can be a life-changing experience. Learn from my 20 years experience as an investor running my own investment fund and rapidly move ahead faster with the knowledge I will share with you.

Last but not least by subscribing to this course, you will be entitled & invited to my bi-monthly Live Webinars where you will be able to ask any kind of question.

Many thanks and I appreciate your interest in my course! Hope you will enjoy it

Candi Carrera

Who this course is for:

  • Investors wanting to develop in-depth knowledge on company valuation
  • Investors wanting to learn how to calculate discounted cash flows
  • Value investors
  • Business appraisers

Report abuse