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Stock Valuation (using Multiples)
Before You Start...
Welcome to the course. Here's what you'll master. (3:19)
Disclaimer (0:10)
Introduction & The Fundamentals
Introduction to Valuation (8:23)
Introduction to Valuation [Quiz, 10 questions]
Introduction to Multiples Based Valuation (13:42)
Introduction to Multiples Based Valuation [Quiz, 10 questions]
What is Shorting? (9:44)
What is Shorting? [Quiz, 5 questions]
Accounting Fundamentals I - The Core Concept (8:46)
Accounting Fundamentals I - The Core Concept [Quiz, 10 questions]
Accounting Fundamentals II - Exploring Financial Statements (11:41)
Accounting Fundamentals II - Exploring Financial Statements [Quiz, 15 questions]
Identifying our Target Firm and Pool of Comparables
Identifying our target firm (11:54)
Identifying a Pool of Comparable Firms (7:13)
Extracting Financial Statements of Comparable Firms (9:54)
Compiling Financial Statements to Make Them Easily Comparable (14:33)
Exploring the Compiled Financial Statements (and conducting some final cleaning) (6:02)
Extracting and Compiling Financial Statements [Assignment]
Identifying our Core Comparable Firm
Matching firms on Size and Liquidity (24:12)
Matching firms on Profitability, Competitive Advantage, and Cashflow Management (19:05)
Identifying our core comparable firm (6:40)
Identifying a Core Comparable [Assignment]
Exploring Key Valuation Multiples
Price-to-Earnings (P/e) (8:40)
Price-to-Earnings (P/e) [Quiz, 15 questions]
Price-to-Sales (P/s) (9:26)
Price-to-Sales (P/s) [Quiz, 10 questions]
Market-to-Book (MTB) (9:58)
Market-to-Book (MTB) [Quiz, 10 questions]
Price-to-Operating Cashflow (P/OCF)
Price-to-Operating Cashflow (P/OCF) [Quiz, 5 questions]
Creating Your Own Multiples (4:01)
Creating Your Own Multiples [Quiz, 5 questions]
Valuing Stocks using Multiples
Valuing our target firm using source data (11:59)
Valuing our target firm using source data (and designing our own Multiple) (9:11)
Valuing our target firm using third party Multiples (12:33)
Valuing our target firm using the pool of comparables (15:51)
Comparing our estimates with the market price (7:39)
Price-to-Sales (P/s)
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