Business Valuation in the New Normal

Business Valuation is the process of determining the worth of a firm, and it is fundamental to the operation of the capital markets as it forms the basis of share trading and corporate finance activities including capital raising, mergers, acquisitions, de-mergers and disposals. Since companies are valued in the context of the broader stock market, it is necessary to revisit the valuation tools used by analysts using the lens of the effect of the pandemic on both internal and external factors that determine prices.
This course will equip participants with an understanding of the effects of the ongoing pandemic on the value of businesses and valuation methods. It will also help participants to build a solid conceptual foundation and apply this in practice through hands-on case studies, group discussions, and exercises.

COURSE OBJECTIVES:

At the end of this training, participants would have learnt the following:

• Review all the key terms and quantitative tools in corporate finance
• Master the techniques for evaluating projects and investments
• Understand techniques for mergers, acquisition, share offerings and asset sales
• Analyze the key measures of corporate performance and the importance of value creation to the prosperity of the company
• Determine a company’s cost of equity, cost of debt and the weighted average cost of capital (WACC)
• Learn how to design financial models used in corporate finance.
• Identify the valuation target and ascertain the right mix of tools to value it
• Learn how to align risk appetite and strategy
• Learn how to recognize when an earnings-based valuation is appropriate