A newer version of this course is available here:
Free Cash Flow Analysis
Follow Professor Wolfenzon’s lead to learn how the free cash flow method is applied to value firms. You will also learn about valuation using multiples. Throughout the course, you will learn how to construct Excel models to value firms by completing hands on activities.
What you'll learn
- How to value a firm using the Enterprise Discounted Cash Flow Method
- Project a firm’s cash flows
- Calculate residual value
- How to value a firm using multiples
Syllabus
Week 1: Firm Valuation Framework
Week 2: Calculation of Free Cash Flows
Week 3: Financial Ratios and Projection of Free Cash Flows
Week 4: Residual Value and Valuation Using Multiples
Week 5: Putting it All Together: Valuation Case Study