You will learn:
- about the concept of discounted and free cash flows, alongside several other key valuation techniques
- how to calculate free cash flows from existing information
- the differences between enterprise value, equity value, project investment appraisal and lease vs buy decisions
- how to recognise the issues associated with developing equity valuations
- how to check your valuations using different analytical techniques
- other metrics: differing internal rates of return (IRR, XIRR and MIRR), Economic Value Added (EVA) (© Stern Stewart), Strategic Value Add (SVA), Market Value Added (MVA) and the link to Net Present Value (NPV).