Step-by-Step DCF Valuation!

Learn how to use a DCF model to value companies in less than 2 hours!

4.43 (599 reviews)
Udemy
platform
English
language
Financial Modeling & Ana
category
instructor
2,679
students
1.5 hours
content
Jan 2021
last update
$59.99
regular price

What you will learn

Learn how to create a detailed DCF valuation model from start to finish

Understand how to formulate a set of valuation assumptions

Discover the resources available to determine a company's forecast financials

Understand how to calculate the WACC and each of its components

Learn how to create industry standard DCF sensitivities and outputs

Description

The Step-by-Step DCF Valuation course is designed to provide you with a highly understandable & time-efficient way to learn more about the most popular company valuation tool within finance.


We cover each step of a DCF valuation analysis from collating forecast company financials to creating outputs, and even doing some sensitivity analysis! We use a highly practical learning approach, so that you can reinforce your learning by doing a real company valuation step-by-step during this course! We stand by your side each step of the way as you discover the need-to-know concepts to make sure you can put this to use immediately! The 100% free preview lectures and course outline will give you a feel for the style and level of content that will be covered.


I have worked in senior roles at the best global investment banks such as J.P. Morgan and Citigroup, having also been a private equity investor in Europe and Asia. You should feel confident that you are in good hands!


Course Outline:

1. Core Principles of Valuation - discover the essentials of what you need to know about corporate finance and valuation 

2. Company Financials - dive into how to find and interpret forecast financials for major listed stocks for free 

3. The WACC - learn how the discount rate throughout a DCF valuation analysis

4. DCF Assumptions - understand how to create your own, defendable assumptions for a DCF valuation

5. Calculating the DCF Valuation - use practical exercises to understand how to model out a DCF valuation within Excel

6. Sensitivity Analysis - learn about how to run the most common sensitivities on your DCF model

7. Creating Outputs - discover how to create your own, industry-standard DCF outputs within PowerPoint


If you have any questions once you get started, do not hesitate to use the embedded Q&A function and we will get back to you shortly to continue your learning journey.


Whether you're brand new to the finance world or are wanting to just learn more about valuation and DCFs, this is the course for you!


We can't wait to see you inside the course!

Content

Core Principles of Valuation

Introduction to the Course
The Time Value of Money & Discount Rates
Free Cash Flow & Net Present Value
Which Companies Suit DCF Valuations?
Core Principles of Valuation

Company Financials

Finding Forecast Financials with MarketScreener
Extracting Key P&L and Cash Flow Items

The WACC

Overview of the WACC
Determining the Cost of Debt & Applicable Tax Rate
Determining the Target Capital Structure
The Capital Asset Pricing Model (CAPM)

DCF Assumptions

Determining the Valuation Date and Stub Adjustment
Determining the Number of Forecast Years
The Methods to Determine the Terminal Value

Calculating the DCF Valuation

The Free Cash Flow Schedule
The Terminal Value Schedule
Calculate Company Value and Implied Share Price

Sensitivity Analysis

The Purpose of Sensitivity Analysis
Building in DCF Sensitivities

Creating Outputs

DCF Outputs in PowerPoint

Thank You!

Thank You!

Screenshots

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Reviews

Jana
May 8, 2023
Bei der ersten Aufgabe habe ich das Tab mit den Firmenangaben übersehen. Aufgrund der vorherigen Erklärungen dachte ich dass ich diese selber online nachschauen muss. Das war leider etwas verwirrend.
Vivekbrata
January 8, 2023
Very good course, quite comprehensive. However, I will require some tips on how to fill the power point template from the excel file.
Dominik
January 2, 2023
Very good training. The only minor thing that could be amended or at least mentioned when the assignment comes on NPV calculations is that in the given assignment the proportion of PV of terminal value gives more than 80% of the total NPV (83%) so that the forecast assumptions might be wrong or the company might not be applicable for DCF as you mention it multiple times over the course.
Abraham
December 8, 2022
Michael is a really good teacher. Everything throughout the course was presented and explained in a very clear manner. The exercises were extremely helpful in understanding the material. I had learned a lot in a very short time. I highly recommend this course.
Natalie
October 1, 2022
Moves kind of fast and it would have been good to showcase the highlevel components of the DCF including the forecasted part and terminal value part and what they are discounted by to bring to net present value.
Oluwadamilare
September 17, 2022
Very easy to understand and straight to the point. I would recommend this course to anyone trying to understand DCF valuations.
Andres
July 10, 2022
Awesome - the instructor should just ensure that the assignment and worked examples match. This course is amazing, quick and to the point. Highly recommend. So much value at a low cost.
Siwar
July 3, 2022
This was certainly the best constructed course that targeted every possible corner of the DCF Valuation Topic. Hats off.
Frances
June 30, 2022
Very interactive. Enjoyed applying the information learnt to an assignment. This helped a lot in the learning process!
Shiraaz
May 31, 2022
Really good course that explains the how behind DCF valuations. The exercises are really helpful to make sure you understand. I could not do sensitivity analysis on google sheets, so that could be a suggestion to improve things.
Juan
January 28, 2022
Easy to learn DCF courses that explains every step clearly. Other models out there create confusion by explaining too much, but this is done very well. I highly recommend it.
Carl
October 8, 2021
Great course with a clear step-by-step process. The assignments are a great way to make sure you actually understand what is presented.
Nadir
June 5, 2021
This course was honestly more helpful than my entire past semester at my uni. Loved the step-by-step approach. Highly appreciated and highly recommended. Thank you!
Pablo
January 29, 2021
PRETTY GOOD, SO SIMPLIFIED AND GERAT DEPTH IN CONCEPTS SO , IS AREALLY BIG SAMPLE OF INTELIGENCE , I REALLY LIKED SO FAR AT EXPLAINING ALL CONCEPTS AND GIVIN BASIC CLUES, THANKS
Michael
January 26, 2021
This is an awesome course to start to get your head around DCF valuations. I'm not a finance or business major and I understood everything. The teacher is great (and has a fantastic baritone voice). excellent explanations and pace of the course. Recommend!

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Related Topics

3766346
udemy ID
1/11/2021
course created date
5/7/2021
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