**This course contains the use of artificial intelligence.**

Learn how to value companies step-by-step using real finance frameworks and understand how analysts actually think while making valuation decisions.

If you’ve ever wondered how analysts decide what a company is actually worth, this course shows you exactly how it’s done.

The beginner-friendly program helps you understand practical equity valuation concepts used in finance, investment analysis, and stock evaluation workflows. The course explains how analysts estimate intrinsic value using structured valuation methods and financial analysis techniques.

You’ll understand the difference between market price and intrinsic value using practical finance-based examples and valuation logic. Whether you are a finance student, aspiring financial analyst, MBA student, or beginner learning valuation concepts, this course helps build stronger analytical foundations.

Unlike overly theoretical valuation programs, this course focuses on structured explanations and practical understanding of widely used valuation approaches. The program begins with the foundations of equity valuation and intrinsic value analysis commonly used in finance and investment workflows.

You’ll learn how analysts determine whether a stock is:

• Overvalued

• Undervalued

• Or, fairly priced

The course gradually introduces important valuation concepts used in discounted cash flow and analytical finance workflows.

You’ll learn:

• Cost of equity

• Cost of debt

• Beta concepts

• Systematic risk

• Weighted average cost of capital (WACC)

• Discounting concepts in valuation

You’ll also understand how beta measures stock movement relative to market performance and why it impacts expected returns. As the course progresses, you’ll move into dividend-based valuation approaches and discounted cash flow concepts.

The program covers:

• Gordon Growth Model

• Dividend Discount Model (DDM)

• Dividend valuation logic

• Present value calculations

• Long-term growth assumptions

You’ll additionally learn practical cash flow-based valuation methods used in finance and equity analysis.

The course explains:

• Free Cash Flow to Equity (FCFE)

• Free Cash Flow to Firm (FCFF)

• Shareholder cash flow concepts

• Enterprise valuation logic

• Capital expenditure adjustments

• Debt-related valuation adjustments

You’ll also understand how analysts evaluate the cash available to equity shareholders and total capital providers. The program additionally introduces valuation multiples used in practical stock analysis and relative valuation workflows.

You’ll learn:

• Price-to-Earnings (P/E) ratio

• EV/EBITDA ratio

• Multiplier valuation concepts

• Relative valuation interpretation

• Comparative stock analysis approaches

The course also covers asset-based valuation approaches commonly used in conservative valuation scenarios and liquidation-based analysis. Throughout the course, the learning approach remains practical, structured, and beginner-friendly.

You’ll work through valuation concepts, finance examples, analytical workflows, and intrinsic value interpretation techniques designed for real-world understanding.

Whether you are a finance student, aspiring financial analyst, beginner learning valuation, or MBA student, this course helps build practical valuation skills.

It is also suitable for working professionals looking to strengthen finance and analytical knowledge using structured valuation workflows.

By the End of This Course, You Will Be Able To

• Understand the difference between market price and intrinsic value in stock valuation

• Evaluate whether a stock is overvalued, undervalued, or fairly priced

• Apply core equity valuation methods used in finance and investment analysis

• Understand and calculate the cost of equity, cost of debt, beta, and WACC

• Use discounting concepts in practical valuation workflows

• Apply the Gordon Growth Model and Dividend Discount Model (DDM)

• Understand Free Cash Flow to Equity (FCFE) and Free Cash Flow to Firm (FCFF) concepts

• Interpret shareholder cash flow and enterprise valuation approaches

• Analyze valuation multiples such as P/E Ratio and EV/EBITDA

• Build stronger foundations in practical finance, valuation, and analytical thinking

What Makes This Course Different

• Beginner-friendly explanations of complex valuation concepts using practical examples

• Structured learning approach designed for finance students, analysts, and working professionals

• Focus on real-world valuation understanding instead of excessive theoretical complexity

• Covers both discounted cash flow valuation and relative valuation approaches

• Explains intrinsic value analysis using practical finance workflows

• Includes important concepts like WACC, beta, FCFE, FCFF, DDM, and valuation multiples

• Designed to help learners build analytical thinking used in finance and investment roles

• Practical examples and valuation logic explained step-by-step for easier understanding

• Taught under the guidance of Dheeraj Vaidya, IIT and IIM alumnus, CFA, FRM, and ex-JPMorgan analyst

• Suitable for beginners while still covering important valuation concepts used in professional finance environments

About The Course Director

This course is created under the guidance of Dheeraj Vaidya, co-Founder of WallStreetMojo and ExcelMojo. He is an IIT and IIM alumnus, holds the CFA and FRM certifications, and brings over 20 years of experience teaching finance concepts to students and professionals. Over the years, he has trained 100K+ learners across different industries, focusing on practical, real-world applications of financial analysis.

He has worked with organizations such as JPMorgan, CLSA, Bennett Coleman, and Adventity, gaining extensive exposure to the practical application of financial analysis in business environments.

As the course director, Dheeraj Vaidya oversaw the course structure and curriculum design.
The learning flow focuses on practical valuation understanding using beginner-friendly explanations and real-world finance concepts.