Corporate Finance & Valuation
Corporate Finance Fundamentals
- Corporate Finance
- Corporate Finance vs Accounting
- Agency Costs
- Time Value of Money
- Compounding
- Nominal and Effective Annual Rates
- Reinvestment
- Reinvestment Rate
- Revenue Growth
- The Cost of Capital
- Cost of Capital
- Sunk Cost vs Opportunity Cost
- Capital Structure
- How to Analyse a Company’s Capital Structure
- Financial Leverage
- Capital Budgeting
- Sunk Costs
- Discounted Payback
- Capital Rationing
- Working Capital Financing
- Excess Cash
- Payout Policy
- Payout and Return of Capital
- Dividends
- Valuation
- Valuation Range
- FCFF vs FCFE Valuation
- Discounted Cash Flow
- Terminal Value
- Normalisation
- Relative Valuation
- DCF vs Relative Valuation
- Conglomerate Discount
- Transaction Value
- Deal Value vs Enterprise Value
- Sources and Uses
- Decision Rules in Valuation
- How Valuation Ranges Improve Decision Discipline
- Implied Assumptions