Business & Project Valuation

In our business valuation course, you’ll learn how to value a company using the DCF and multiples approach, and will learn to evaluate the financial feasibility of a new project.

Course Objective

We’ll build a complete, working discounted cash flow (DCF) model in Excel from scratch, using a fictional private company. Our course will teach you how to calculate the cost of equity, WACC, and levered/unlevered beta. With this knowledge, we’ll calculate the discounted free cash flow and the terminal value. From there, we’ll learn how to value a company using the multiples approach. We top off the course be learning how to analyze the financial viability of a new project using methods such as IRR, ROE, NPV, and break even. At completion, you’ll know how to value any company and analyze the financial viability of a project.

Some key things you’ll learn:

  • Calculate the weighted average cost of capital (WACC)​
  • Calculate the cost of equity using the Capital Asset Pricing Model (CAPM)​
  • Determine the terminal value of a cash flow stream
  • Value a company using the DCF and multiples approach
  • Use IRR, ROE, and NPV to analyze a proejct

We recommend first taking our Financial Statement Analysis and Financial Modeling courses which are a great complement to this course.

Additional info

CPEs: 5.5

Field of study: Finance

Prerequisites: You should have an intermediate knowledge of Excel (e.g. SUM, SUMIFS, VLOOKUP, etc.). If you’re not comfortable with Excel, we recommend taking our Microsoft Excel Bootcamp.