Valuing Equities by Discounting Cash Flows
The course Valuing Equities by Discounting Cash Flows covers the topic of Valuing Equities using various models to discount the future cash flows of a company. We explore various theories regarding equity calculation, making the case that active equity calculation is not only worthwhile, but essential. The practical applications for equity valuation are examined, followed by a deep dive into the different methodologies of equity valuation.
We conclude by covering the setup of the various models in excel.
This course includes the following sections:
- Introduction to Equity Valuation
- The Efficient Market Hypothesis
- The Basics of Equity Valuation
- Other Considerations in Equity Valuation
- Discounted Cash Flow Analysis - The Basics
- Establishing the Discount Rate
- Valuation Models
- Spreadsheet Modelling
To receive continuing education (CE) credits, you need to receive a mark of 6 out of 10 or higher on the final quiz. This course qualifies for the following CE credit hours:
| Governing Body | Credit Hours | Category |
|---|---|---|
| AIC | 3.0 | Life Insurance only |
| CSF | 3.0 | Mutual Funds / Épargne Collective |
| FP Canada | 3.0 | Financial Planning |
| IAFE - The Institute | 3.0 | n/a |
| ICM | 3.0 | Life/A&S |
| ICS | 3.0 | n/a |
| IDD (CIRO) | 3.0 | Professional Development |
| Institut de Pl. Fin. | 3.0 | SFPA / PDOM |
| MFD (CIRO) | 3.0 | Professional Development |
This course may also qualify for CPA credit hours. More information about continuing education requirements is available here.