Profound knowledge of valuation relevant for bankers, since
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It increases advisory competency and as a result cross-sell
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Understanding of price and value helps to avoid value-exceeding investments and therefore helps to arrive at better credit decisions
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Improves the ability to assess corporate valuations prepared by third parties in the context of financing the transfer of ownership of companies
Content
& Aims
Key Contents
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Overview of market established valuation methods for valuation of assets, investments, real estate and companies with focus on:
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Discounted Cash Flows (DCF)
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Accurate computation of Free Cash Flows
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Weighted Average Cost of Capital (WACC)
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Terminal Value
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Critical comparison of different valuation methods
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Application of content through valuation of real life examples (a comparison with real valuation results of actual corporate valuations increases the participant’s confidence in own valuation capabilities.)
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Alternatives of transfer of ownership of companies:
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Leveraged Share Buy-Back
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LBO/MBO
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Leveraged Recapitalization
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Objectives
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Profound valuation knowledge
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Avoiding of value-exceeding purchase prices of investments / acquisitions
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More competent assessment of valuations prepared by third parties
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More competent advisor
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Realization of attractive revenue potentials