|
所在平台: Udemy |
课程主页: https://www.udemy.com/course/dcf-discounted-cash-flow-for-beginners/
课程评论：没有评论
课程名称：折现现金流（DCF）及绝对估值技术 课程概述： 本课程将带您深入掌握折现现金流（DCF）及绝对估值技术的复杂性。课程开始时，您将了解DCF的关键概念，学习如何准确计算企业价值、预测现金流并比较估值方法。结合理论知识与案例研究，课程旨在为您提供进行全面财务分析所需的技能。课程结束时，您将全面掌握DCF和绝对估值的相关方法，为您提供数据驱动的财务决策能力。 课程内容： 1. **介绍部分** - **折现现金流简介**：了解折现现金流的基本概念，学习如何将未来现金流折现为现值。 2. **绝对估值** - **估值方法论**：探索绝对估值和相对估值的不同，理解每种方法的优缺点，为后续的DCF分析奠定基础。 3. **DCF分析** - **DCF基本概念及方法**：从基本原则到终端价值计算，全面了解DCF在实际场景中的应用，并复习重要的会计方程。 4. **DCF的优势** - **与同行比较的分析（Comps）的对比**：学习使用DCF的优势及其实施步骤，掌握现金流预测和终端价值计算。 5. **案例研究** - **实践案例分析**：在真实案例中应用所学知识，从现金流预测到终端价值计算，按照步骤建立完整的DCF模型。 6. **净债务及债务成本** - **资本结构的核心要素**：学习如何计算净债务与债务成本，并将这些概念应用于您的DCF模型。 7. **Beta系数** - **波动性或风险评估**：深入理解Beta的概念，并在案例研究中创建敏感性表评估假设变化对估值模型的影响。 总结： 课程结束后，您将具备扎实的DCF分析和绝对估值技术的知识，无论是为投资、并购决策还是财务预测进行公司估值，均能运用实践工具做出明智决策。通过案例研究，您将增强在实际场景中应用这些模型的信心，让您在金融和投资领域中脱颖而出。
Introduction:In this course, you'll embark on a journey to master the intricacies of Discounted Cash Flow (DCF) and Absolute Valuation techniques. Starting with an overview of the key concepts of DCF, you'll learn how to value businesses accurately, predict cash flows, and compare valuation methods. With a blend of theoretical understanding and hands-on case studies, this course is designed to equip you with the skills necessary to perform thorough financial analysis. By the end, you'll have a comprehensive grasp of the methodologies used in both DCF and Absolute Valuation, empowering you to make data-driven financial decisions.Section 1: IntroductionLecture 1: Introduction to Discounted Cash Flow (Preview Enabled)This section introduces the concept of Discounted Cash Flow, providing a solid foundation for understanding the importance of this valuation method. You'll gain insights into how future cash flows are estimated and discounted to the present value, forming the basis of DCF analysis.Section 2: Absolute ValuationLecture 2: Course Outline (Preview Enabled)Lecture 3: Valuation MethodologiesLecture 4: Relative ValuationIn this section, students will explore various valuation methodologies, including absolute and relative valuation. You'll learn how these approaches differ and why they are essential for comprehensive financial analysis. The focus will be on understanding the strengths and limitations of each method, setting the stage for deeper exploration of DCF in later sections.Section 3: DCFLecture 5: Basic Concepts of DCFLecture 6: Understanding DCF MethodLecture 7: More on DCF MethodLecture 8: Using the Concept of Terminal ValueLecture 9: Common Traits of DCF ValueLecture 10: Types of DCFLecture 11: Important Accounting EquationsIn this section, you'll dive into the nuts and bolts of DCF analysis. From the basic principles to more advanced applications like terminal value calculations and the various types of DCF models, this section ensures a complete understanding of how DCF is applied in real-world scenarios. You'll also review critical accounting equations essential for accurate DCF modeling.Section 4: DCF AdvantagesLecture 12: Advantages of DCFLecture 13: DCF Versus CompsLecture 14: Steps of DCFLecture 15: More on DCF StepsLecture 16: DCF Predicting Cash FlowsLecture 17: DCF Predicting Cash Flows ContinuesThis section covers the advantages of using DCF over other methods like comparable company analysis (Comps). You'll understand the key steps involved in DCF, including cash flow predictions and the calculation of terminal value, highlighting how DCF provides a clearer picture of long-term financial health.Section 5: Case StudyLecture 18: Starting with the Case StudyLecture 19: Predicting the Cash FlowsLecture 20: Case Study ExplainedLecture 21: Predicting Terminal ValuesLecture 22: Methods to Calculate Terminal ValuesLecture 23: Case Study Step 2 ExplainedLecture 24: Case Study Step 2 Explained ContinuesLecture 25: Working on DCF ExplainIn this hands-on section, you'll apply what you've learned in a real-world case study. From predicting cash flows to calculating terminal values, you'll follow step-by-step instructions to build a complete DCF model, offering a practical understanding of the entire process.Section 6: Net Debt and Cost of DebtLecture 26: Net DebtLecture 27: Cost of DebtLecture 28: More on Cost of DebtLecture 29: Cost of EquityThis section explores the essential components of a company's capital structure. You'll learn how to calculate net debt, understand the cost of debt, and apply these concepts to your DCF model. The importance of calculating the cost of equity is also discussed in detail.Section 7: BetaLecture 30: Understanding BetaLecture 31: Beta ContinuesLecture 32: Finalizing the Case StudyLecture 33: Creating a Sensitivity TableLecture 34: Concluding the AnalysisLecture 35: Common Interview QuestionsIn the final section, you'll explore the concept of Beta, a measure of volatility or risk relative to the overall market. You'll finalize the case study by creating sensitivity tables to assess the impact of changes in assumptions on your valuation model. The course concludes with a discussion on common interview questions related to DCF and valuation, preparing you for professional opportunities.Conclusion:By the end of this course, you will have a robust understanding of how to perform DCF analysis and apply absolute valuation techniques. Whether you're valuing a company for investment purposes, merger decisions, or financial forecasting, you'll be equipped with practical tools to make informed decisions. The hands-on case studies will give you the confidence to apply these models in real-world scenarios, ensuring you stand out in finance and investment fields.
