Equity Analysis Part 3 - Introduction- The equity part three topics will build the previous two sessions and discuss commonly used models f...

## COURSE

## Equity Analysis Part 3

- ### FCFF vs. FCFE Definitions **FCFF:** Free Cash Flows to the Firm are available to both suppliers...
- ## Single Stage FCFE and International Valuation - This approach is a variation on the Gordon Gro...
- ## Introduction - Stock share price multiples often heavily factor into stock recommendations. - ...
- - In general, a company's P/E ratio is its price per share divided by earnings per share; however ...
- P/B = market price per share / book value per share - Book Value per Share = Common Equity / Comm...
- P/S = Market Price per Share / Sales per Share ### P/S Positives - Sales can be more difficu...
- - Analysts may choose to value stocks based on price to cash flow ratios. - The cash flow applie...
- - Enterprise Value (EV) = the total market value (MV) of the firm. EV = MV of debt + MV preferred...
- - A classic metric for valuing a stock. Dividend Yield = Annual Dividend per Share / Price per Sh...
- ## Introduction - Residual income reflects net income minus a deduction for the required return o...

## LESSONS

Free Cash Flow Valuation

One, Two, and Three Stage FCF Calculations

Share Price Multiple Methods in Equity Valuation

Price to Earnings (P/E) Ratio (Leading P/E and Tra...

Price to Book (P/B) Value Ratio and Equity Valuati...

Price to Sales (P/S) Ratio

Price to Cash Flow Ratios

Enterprise Value (EV) to EBITDA

Dividend Yield for Valuing Equity

Residual Income (RI) Valuation Model