Training - Business Valuation - Valuation

Parceiros de negócio no trabalho

General objectives:

Introduce participants to the main concepts and methods of business valuation. Develop knowledge of the entire process of evaluating companies, their methodologies and analysis of the variables considered in the process. Demonstrate scenario techniques, construction of assumptions and value-added assessment. Know the relationship between the pricing of a business and its ability to generate value for shareholders. From this basis, the ultimate goal will be to demonstrate to participants how to achieve the best results in cases of mergers and acquisitions/sales of companies and value creation.

Who is it for:

Executives from financial institutions, executives from companies working in the areas of corporate strategy, investment and controllership, consultants who want to improve themselves in the areas of company valuation and mergers and acquisitions, as well as presidents, directors and executives who are participating in processes of buying or selling a company and need to go deeper into this methodology.


Expected benefits

After the training, the participant will be able to:

  • Develop a Valuation within the most common business scenarios;

  • Better understand the value-based management process;

  • Know the main steps in a company's purchase or sale process;

  • Transaction between companies with or without synergy;

  • Understanding real options in company valuation.

Methodology:

Develop knowledge of the methodology for evaluating companies and shares, the main variables, and steps to be considered in the modeling and decision process. Present scenario techniques, construction of assumptions and value-added assessment. Work with practical examples in Excel, using the methodology and presentation format normally required by investors and other market participants.

Complete program:

Part 1: Introduction to Business Valuation

  • Business Valuation Objectives

  • The Complexity of Evaluation

  • Company Assessment Models

Part 2: Analysis of Economic Performance and the Business Environment

  • business environment

  • The Microeconomic Environment

  • The Macroeconomic Environment

  • The Company's Competitive Environment

  • Five Forces of Porter

  • PEST matrix

  • The Company's Life Cycle

  • Advanced Analysis of Financial Statements

  • Final report

Part 3: Modeling the Company's Financial Projections

  • Development of a model

  • Deterministic Models

  • Stochastic Models

  • Development of an Integrated Projection Model

  • How to build the projection's main assumptions; the projection tools in Excel

  • Income Statement Projection

  • Cash Flow Projection

  • Balance Sheet Projection

  • Cash Generation Analysis

  • NCG Analysis

  • Cost of Capital and Valuation

  • Fundamental Concepts

  • Cost of Third Party Capital

  • Cost of Equity

  • How to calculate a stock's Beta from its historical price

  • Using the Capital Asset Pricing Model (CAPM) to calculate the cost of equity, incorporating the Beta

  • How to Calculate the Cost of Third-Party Capital Using Historical and Market Data

  • Weighted average cost of capital equation - WACC

Part 4: Calculating Company Value

  • Nomenclature in Business Valuation

  • Goodwill concept

  • Dividend Model

  • Discounted Cash Flow (DCF) Models and Methods

  • Company Free Cash Flow Method

  • Shareholder Cash Flow Method

  • APV method

  • Economic Profit Method

Part 5: Business Value Multiples

  • Main Multiples

  • The multiple evaluation process

  • Multiple Value/Ebitda

  • Multiple Price/VPA

  • EV/EBIT multiple

  • Multiple EV/NOPAT

  • Multiple Price/Sales

  • Multiple Price/Earnings per Share (P/E)

  • Valuation by Comparable Transactions

Credit hours: 20h class

Investment, deadline and procedures for registration:

comercial@valinitrainning.com.br

(11)-930111501

Possibility of installments in up to 6 installments on the credit card

Progressive discount for:

  • 1 registration = 10%

  • 2 registrations = 15%

  • 3 registrations = 20%

The registration fee includes:

  • Printed handout and worksheets

  • Valini & Training Certificate.

  • Check out the payment facilities for our events. Boleto, Credit Card up to 06 interest-free installments, or Deposit to Account.

  • If you prefer, request an In-Company proposal with the benefits of adapting training to your company's reality!