Overview
In an increasingly active M&A environment, accurate company valuation is highly important. This practical course ensures delegates are equipped with the necessary skills to make accurate valuations and analysis.
This training may be available onsite; please contact us if you are interested.
Audience
Designed for Equity and bonds sales, CFOs, Equity and global portfolio managers and back-office staff.
Skills Gained
By the end of this course delegates will understand and grasp the key concepts in financial analysis and company valuation.
Course Outline
Finding the Right Financial Information
Balance Sheets
- How to read and understand balance sheets and key indicators
Understanding Financial Health
- Long-term financial and operational stability
- Stability ratios and cash-flow statements
- How to gauge the general financial health of a company
Operations Analysis
- Income statements analysis
- Key ratios and added-value analysis
- Understanding connections between various statements and documents
Capital Structure Impact on Return
- Principal financing sources
- Capital return
Profitability Ratios
- Return on assets ratios (ROA)
- Return on equity ratios (ROE)
- Understanding and analysing the ratios
Balance Sheet Structure Ratios
- Cash-flow and insolvency ratios
- Static and dynamic analysis
- Integrating pension liabilities
Key Non-Financial Indicators
- Company's long-term history
- Legal structure and implications
- Assessing legal, environmental and event risks
- Case studies : markets reaction to non-financial indicators
Company's Strategy
- Understanding operations
- Stress scenarios : assessing liquidity risks
- Case study : stress scenario
- Industry analysis
- Forecasting the company's future
Profitability Analysis
- Analysing profitability ratios and indicators
- ROA & ROE a new approach
- The link between return on operations and capital investment
- Case study: building a summary report
Insolvency measures
- Integrating business cycles and seasonality into financial stability ratios
- Redefining the insolvency risk
Cash-flows Statement and Off Balance Sheet Items
- Adapting cash-flow statements
- Integrating off-balance sheet items
Consolidated Balance Sheets and Income Statements
- Global integration
- Proportional consolidation
- Equivalence setting
IFRS Impact on Financial Analysis
The training course outline shown above is a standardised version representing all
the dates shown and may vary from the course you attend. You will be sent the actual
course outline when you enquire about a specific date.