Company Valuations & Analysis

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COURSE OBJECTIVES: This course will explain how to analyse a business from a financial perspective using a range of key performance indicators. The analysis will cover profitability, return on invested capital, leverage, working capital management, asset utilisation and cash flow generation.


The learning will be supported by a comprehensive case study which analyses in detail a real company. Different valuation methods are then reviewed including trading multiples, transaction multiples and discounted cash flow valuations. The theory is then applied to value of a real company using the different methodologies.


COURSE CONTENT


  • Performance measures – Like for like, gross and operating margins,
  • EBIT/EBITDA margins, earning per share
  • Return on invested capital
  • Leverage – debt/equity, debt/EBITDA, EBITDA/interest cost
  • Working capital management – receivable days, payable days, inventory days, the cash conversion cycle
  • Asset utilisation
  • Cash flow measures – OCF/operating profit, free cash flow
  • Enterprise value multiples
  • Equity value multiples
  • Transaction multiples
  • Discounted cash flow valuations – free cash flow forecast, terminal value calculations and WACC

WHO SHOULD ATTEND


This course is suitable for finance managers who are involved in financial statement analysis (from a credit, supplier or financing perspective) and business valuation (mergers and acquisitions, business disposals and shareholder value analysis)


Would you like this course run in-house? Call us on 0207 566 8207 to find out more


Felix Kaufmann Felix assists and advises businesses in accounting and finance matters. He works with leading international training companies to develop and deliver specialised technical training programs for banking and large corporate clients.

Fees (ex VAT)


Member Fee
£315.00

Non Member Fee £575.00

Locations & Dates
02/10/2012 - London (09:30 am - 05:00 pm) Speaker & Venue Details BOOK >>