WORKSHOPS

- Register and complete the payment through the official training website.

- Upon successful registration, an invitation email—including the access link, workshop resources, and Pre- & Post-Assessment links—will be sent one day before the workshop.

The valuing of companies and their assets is a vital function for all stakeholders. This workshop presents an overview of valuation techniques and their application - ranging from traditional approaches like Multiples and Discounted Cash Flow to more recent alternatives such as EVA, CFROI, and real options. The program analyzes the strengths and weaknesses of the different methodologies and how to choose the appropriate valuation technique for each company. Upon completion of this seminar, participants will be able to:

Recognize the various methods of valuation

Assess the strengths and weaknesses, and the proper application, of different valuation techniques

Perform a credible valuation of a corporate entity and address financial, legal, disclosure, and structural issues relating to valuation

This workshop is designed for anyone who wishes a good introduction to the examination of the value of companies, assets, and other business resources. It is well suited for new hires working on Mergers & Acquisitions and Valuation. Financial professionals in a variety of areas may also find this program beneficial as a means of gaining a working knowledge of the practice of valuation.

Certificate of participation issued by UASA & CMA.

1. Introduction to Values

Types and nature of values

Importance of valuation

Key values drivers

Principal valuation methodologies

Accounting vs. market values

2. Discounted Cash Flow 1

Reason for DCF and its prominence

Process of calculation

Issues in projections

What is a cash flow

Valuing a firm using DCF

What discount rate to use

Weighted average cost of capital

3. Discounted Cash Flow 2

How risk is perceived in DCF

Cost of equity and cost of debt

Capital Asset Pricing Model: CAPM

Strengths and weaknesses of CAPM

Residual and terminal values

Strengths and weaknesses of DCF

Manipulation of value 

4. Multiples 1

What are multiples and which are mostly used

Price-to-earnings ratio 

Price-to-book ratio

EBITDA

5. Multiples 2

Consistency and comparability

Peers and historic analysis

Variance in the multiples range

Multiples and cash flow

Strengths and weaknesses