Curriculum
Valuation
Relative and intrinsic approaches to estimating what a business is worth.
What the sessions covered
Valuation sessions compared the two broad families of methods: relative valuation using trading multiples and precedent transactions, and intrinsic valuation built from projected cash flows.
Members practised choosing comparable companies, normalizing earnings, and explaining why two reasonable analysts can reach different values for the same company.
Archived materials
Materials for this topic are listed here as they are added to the archive.