Company Valuation: DCF, Comps & More is a structured track of 7 lessons that build a complete, interview-ready understanding of the topic. Work through them in order, then use the quiz and flashcards in each lesson to revise.
What this course covers
- Intrinsic vs Relative Valuation Explained - Dimension Intrinsic Valuation (DCF) Relative Valuation (Comparables) Approach Value based on fundamental cash flows Value based on market pricing of peers Methods DCF, DD
- DCF Valuation: Discounted Cash Flow Explained - DCF Valuation - Step-by-Step Flow Project FCF Calculate WACC Discount Cash Flows Terminal Value Enterprise Value Equity Value EV = Σ [FCFₜ / (1+WACC)ᵗ] + [TV / (1+WACC)ⁿ]
- Comparable Company Analysis (Comps) Explained - Trading comps (or CCA) value a company by applying the valuation multiples of similar public companies.
- Precedent Transaction Analysis Explained - Precedent transactions value a target company based on multiples paid in past M&A; deals for similar companies.
- Sum-of-the-Parts (SOTP) Valuation Explained - SOTP is used for conglomerates with diverse, non-comparable business segments.
- Company Valuation in the Indian Context - Sector Typical P/E Range (Historical) Typical EV/EBITDA Key Drivers IT Services (Large Cap) 22-32x 15-22x Revenue growth, margins, USD revenue mix FMCG / Consumer 45-70x
- Which Valuation Method to Use & When - Scenario Best Method(s) Why Avoid Stable, predictable business (utility, NBFC) DCF + DDM Predictable FCF; long history High multiple comps (distorts) IPO pricing (e.g., H