You are expected to have either completed the stated prerequisite course(s) or possess the equivalent knowledge prior to enrolling in this course:
- Accounting Fundamentals
- Reading Financial Statements
- Excel Crash Course
- Building a 3 Statement Financial Model
Business valuation modeling course overview
This business valuation course provides students with the skills they need to perform detailed business valuation modeling using three main methods: Comps, Precedents and DCF Analysis.
The valuation training provided in this course will be valuable to those who are looking for a detailed and step-by-step explanation of how to value a company based on comparable companies, past M&A transactions and a Discounted Cash Flow (DCF) models.
Business valuation methods
Business valuation course learning objectives:
- Understand the difference between equity value and enterprise value
- Learn how to calculate various equity and enterprise value multiples
- Understand the drivers of equity multiples and value a business using equity multiples
- Calculate and analyze valuation multiples
- Learn the most common multiples: EV/Revenue, EV/EBITDA, EV/EBIT, P/E
- Learn when it is most appropriate to use each type of multiple
- Value a company using comparable company analysis
- Value a company using precedent M&A transactions
- Value a company using discounted cash flow techniques
- Complete Excel-based case studies and solutions
- Utilize a PDF valuation reference guide that can be downloaded to your computer and use during the course of for future reference.
- Calculate free cash flows to the firm and free cash flows to equity
- Outline the main drivers of free cash flows
- Value a business using a two-stage DCF valuation model
- Learn how to calculate the cost of equity, cost of debt and the weighted average cost of capital
- Calculate beta in an Excel spreadsheet
- Calculate an organization's weighted average cost of capital (WACC)
- Create a football field chart to summarize the various valuation methods used in the analysis: Comps, Precedents, DCF
Allocating cash flow by investor type
Comparable company analysis
Learn how to build a Comps table and calculate all the equity value and enterprise value ratios required to value a business.
Drivers of business valuation
Learn about the main drivers of free cash flow to the firm and business valuation in this course.
Discounted Cash Flow (DCF) Modeling
In this corporate valuation course, you will learn to build a DCF model from scratch, building on the skills you developed from CFI's prior courses on building a 3 statement model.
Weighted Average Cost of Capital (WACC) - Corporate Valuation
Learn how to perform weighted average cost of capital (WACC) analysis in Excel and use the slope function to calculate a company's beta.
Corporate Valuation Football Field chart
Create a football field chart in Excel at the end of the course to combine the analyses of all methods used in the corporate valuation model built earlier in the course.
Who should take this corporate business valuation course?
This online class is designed for professionals working in private equity, investment banking, corporate development, and other areas of finance and accounting. The course provides both foundational building blocks for beginners and covers more advanced aspects of valuation for experienced practitioners.
Financial modeling and analyst training
For beginners to advanced users, this corporate valuation modeling course is designed to teach you how to be a complete financial analyst.
This class is one of the 9 required "Core" courses for CFI's financial analyst training program, which grants the Financial Modeling & Valuation Analyst (FMVA) certification.
What You'll Learn
Path to Certification
5 courses from beginner to intermediate level.01Optional
9 courses from beginner to intermediate level.02Required
Take 3 out of 9 courses at an advanced level.03Required
Submit your FMVA®️ checklist and order your certificate.04Required
Join Our Community
Get access to the Global Corporate Finance Society.05Optional
How the Certification Works
What Our Students Say
Very important tool for finance jobs
This course was a first for me. It was amazing. As with anything in life the value you get from things depend on how far you go to take initiative and learn the details thoroughly. I believe the instructors at CFI have definitely given as exhaustive a set of explanations as anyone could hope for. This has certainly been challenging and enjoyable. Thank you!
This course made something complex, so simple and easy. The step by step instructions and thorough theory material teaches us how to value businesses properly and gives us the guidelines on how to perform them under any scenario.
Simply incredible... CFI you are the best. 5 stars.
Frequently Asked Questions
FMVA® Financial Analyst Certification
Become a Financial Modeling and Valuation Analyst (FMVA)® by completing all required courses in accounting, finance, modeling, Excel, presentations, and strategy. From beginner to advanced courses you will have the complete training you need to become a world-class financial analyst.