Tag: #financialstatements

Business Valuation Education Video Series

Hello Readers,

In have started a Business Valuation Education Video Series in which, I will explain Valuation concepts by valuing an Indian Healthcare Provider – Kovai Medical Center Hospital – as an example. I will value companies in other sectors (e.g., insurance, banks, asset management companies, industrial, fmcg, retail etc.) after finishing healthcare.

This video series is meant for students / working professionals intending to build a career in / pivot to Finance particularly Valuation or Equity Research.

Link to the Business Valuation Education Video Series: https://www.youtube.com/playlist?list=PLqRd1Fd1U5KNK2IVjH6uOu_kC6YuR1Csb

Learning Objectives of this series:

  • Understanding Financial Statements
  • Financial Statement Analysis
  1. Introduction to Valuation
  2. Brief on the Industry
  3. Corporate Governance
  4. Modeling Income Statement | Revenue and Cost drivers
  5. Modeling Balance Sheet Items
    • Re-investment Items:
      • Capital Investment
      • Working Capital
    • Modeling Debt
  6. Modeling Cash Flow Items
    • Linking the statements
    • Emphasis on common errors
  7. Discount Cash Flow (DCF) Modeling – Free Cash Flow to Equity (FCFE)
    • Estimating Discount Rate – Risk Free Rate, Equity Risk Premium, Beta and Cost of Equity
    • Implied Intrinsic Enterprise Value
    • Sensitivity Analysis
  8. Free Cash Flow to Firm (FCFF)
    • Estimating Discount Rate – Cost of Debt and WACC
    • Implied Instrinsic Market Value of Equity
    • Sensitivity Analysis
  9. FCFE vs FCFF
  10. Relative Pricing

If you are really serious about learning Valuation or Equity Research, please pick this company – Kovai Medical Center Hospital – and value this company along with me – this is the best way to learn! I’d be happy to share all the spreadsheets (without the projections). Start from the first video of this playlist.

I can be reached at gautamrastogi.investandrise@gmail.com or you can PM me on LinkedIn for any questions or any help that you may need.

If you find my content valuable, then please subscribe to my YT channel and follow / connect with me on LinkedIn

Invest and Rise!

Thanks,

Gautam