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The reasons, objectives and functions of companies' valuations.
Sources of data for valuation, the valuation of equity capital, invested capital, company gross value, cost of capital.
The analysis of company and its business environment, financial projections.
Book value methods of companies' valuations.
Income approach of companies' valuations - reasons, developed and simplified approaches, forms of income.
DCF Method - basic forms (on the basis of FCFF, FCFE, FCFC), the phases, cost of equity capital, weighted average cost of capital (both forms).
DCF Method - residual value, taking into account nonoperational sphere, variant valuations (scenarios), sensitivity analysis.
Companies' valuations by multiples method.
Unconventional methods of companies' valuations - the use of real options (both approaches), APV, mixed methods.
Unconventional methods of companies' valuations - EVA/MVA.
Computers laboratory - DCF method of valuation - case study (company analysis).
Computers laboratory - DCF method of valuation - case study (cont. - preparation of financial projections).
Computers laboratory - DCF method of valuation - ending, case study - (valuation by book value methods).
Computers laboratory - calculation of cost of capital (CAPM, other elements of WACC) - case study (company valuation by multiples method).
Computers laboratory - valuation by adjusted net assets method - case study (company valuation by DCF method).
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