Valuation Guru Aswath Damodaran to Share Insights on Valuation Strategy at VCCircle Training in Singapore
Business valuation is a fluid discipline with different models to capture nuances of a firm or a sector besides multiple variables such as discount rates, cash flows and expected growth. Indeed, there are as many models for valuing stocks and businesses as there are analysts doing valuations.
VCCircle seeks to bring a crash course to its patrons with a two day Executive Seminar at the Hotel Marina Bay Sands,
Damodaran is the Kerschner Family Chair Professor of Finance at the Stern
The seminar will focus on the basics of each approach to valuation, together with limitations and caveats on the use of each, as well as extended examples of their application. The demarcation of the knowledge sharing during this seminar is broadly divided in the three halves:
The first part of the seminar will establish the basics of discounted cash flow valuation, with a special emphasis on the estimation issues that come up when estimating discount rates, cash flows and expected growth.
The second part of the seminar will begin with looking at valuing difficult to value firms, across the life cycle from young start-ups to firms in distress, which will be then followed by the focus on relative valuation and the sensible ways to incorporate multiples into valuation.
The third part of the seminar will look at option pricing models and their potential use in valuation.
The seminar is a mix of basic valuation techniques and applications, which gives the food for thought to all the Executives involved in PE/VC and M&A Deals, Investment / Fund / Portfolio Managers, Private Equity & Venture Capitalist, Analyst involved in M&A, Equity Research Analyst, CFOs / VPs & Managers, Managing Directors & Senior Management. The registrations are now open, the key takeaways that participants can look forward to from this seminar will be the following:
- Value a firm in any market, using discounted cash flow models
- Value a firm using multiples and comparable firms
- Analyze and critique the use of multiples in valuation
- Value “problem” firms, such as financially troubled firms and start-up firms
- Estimate the effect on value of restructuring a firm
- Tie valuation approaches to investment strategies & philosophies
About The VCCircle Training
Since its launch in
About The VCCircle Network
The VCCircle Network, founded in 2005, is
SOURCE The VCCircle Network