What makes a business valuable? Who determines value? What are the key factors that make businesses valuable? In this course, we explore the different ways to value a business. We will apply foundational valuation and corporate finance concepts to real world examples in an effort to see what makes up an investment's price.
Target Audience
Accounting and finance professionals who want to understand the concepts and theories behind business valuation techniques
Course Objectives
Describe the factors affecting the value of a business
Compare and contrast market value, investment value, bankruptcy value, and going concern value
List the key differences between technical and fundamental analysis
Calculate intrinsic value using discounted cash flow methods, such as the GGM and the H-Model
Calculate intrinsic value using free cash flow
Calculate the gains and losses to the buyer/seller in a merger/acquisition
List key discounts when valuing privately held companies