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Beacon FinTrain

Provides an array of professional business and financial training services that stem from improving a corporate's treasury workflow —all the way to efficient, finance training programs.

Course Overview

During this workshop, participants will have a comprehensive knowledge and application on Discounted Cash Flows (DCF) & Valuation techniques. They will know how and where to use these techniques and what are the benefits of the valuation methods. DCF is a tool to project and discount any future cash flows with the levered and un-levered beta, considering calculating the cost of equity, and the after-tax cost of debt, to get the WACC.
Participants will apply and complete from scratch the methods of financial valuation, compounding returns, terminal value calculations, multiples method, discounting cash flows at a weighted average cost of capital (WACC), intrinsic value, enterprise value, equity value, detailed & comprehensive data analysis, sensitivity, and tables analysis to the price per share with the rationale of investments fundamental, risk and return. also, will build on their previous knowledge to present their model in dashboards and tell their business story.
During the course period, you will learn and apply Discounted Cash Flows (DCF) & Valuations practical examples and best practice application with quantitative data, giving you a deep understanding of how the decision making is made to support investors with deep business insights of corporate finance and capital budgeting. Using financial modeling techniques to master your advanced analysis skills investment opportunities with sensitivity and scenario analysis.

Learning Outcome

Apply the advanced techniques to establish forecast free cash flow to the enterprise

Apply the best practices techniques and scenario to manage the discounted cash flow and valuation efficiently

Understand the equity and enterprise value

Practice the most common multiples: EV/Revenue, EV/EBITDA, EV/EBIT, P/E.

Value a business using discounted cash flow techniques

Apply DCF & valuation approaches across several industries

Course Outline

  • Introduction to the DCF Model
  • Free cash flows
  • The meaning of unlevered free cash flow
  • The meaning of cash flow discounted
  • Budling the cash flow forecast in a DCF model
  • Drivers of cash flow

  • The meaning of capital structure
  • Capital structure analysis
  • Cost of debt & cost of equity
  • The risk-free rate, the equity risk premium, and beta
  • Un-levering and re-levering the beta
  • Calculating WACC for the case company

  • Enterprise value,
  • Perpetuity growth method
  • Exit multiple methods.

  • Advanced Key Statistical Skills
  • Fundamental of Financial Mathematics and Capital Budgeting.
  • Cost of Capital.

  • Building revenue forecast
  • Building expenses forecast
  • Building working capital forecast
  • Building debt schedule forecast
  • Building capital assets forecast
  • Building supporting schedules
  • Building Dynamic Statement Financial Model
  • Building scenarios
  • Building sensitivity and scenario analysis through powerful Excel techniques

  • The main drivers of free cash flows
  • Calculating the unlevered free cash flows (FCF)
  • The typical priority of payments
  • Building a cash flow cascade
  • Account’s integration

  • Timing of cash flow
  • Key assumptions in the DCF
  • DCF basics: The present value formula
  • Calculating enterprise and equity values
  • DCF Enterprise value
  • DCF Equity value
  • Sensitivity Analysis in a DCF model.

  • Financial analysis
  • Calculate and analyze valuation multiples
  • 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
  • Option Pricing in Capital Budgeting and Corporate Finance
  • Market Value vs Intrinsic Value

  • Different type of Ratio
  • Understand and calculate financial ratios (Profitability, Efficiency, and Liquidity)
  • Learn the most common multiples: EV/Revenue, EV/EBITDA, EV/EBIT, P/E)
  • Pyramid Analysis Ratios

  • Storytelling with data
  • Data visualization & dashboards
  • Create rich informative data graphs & Dashboards
  • Craft compelling narratives with data.

Who Should Attend

Financial Analysts=Corporate Finance Professionals=Investment Bankers=Management Consultants.