Module 7B: Estimate Equity Risk Premium | DCF Valuation

If you want to learn Valuation and Equity Research, please subscribe to my YT channel and follow me on LinkedIn:   / gautamrastogi1  
I also post Valuation and Equity Research content on my blog: https://investandrise.com

This is module 7B of my education video series on Business Valuation. This is meant for students or for working professionals who intend to pivot to Finance particularly Valuation or Equity Research.

If you are a serious about learning Valuation / Equity Research, start from the 1st video of the playlist which is “Understanding the three Financial Statements”; Link:    • Business Valuation  

I can send you the link to all the sheets. Happy to answer any questions.


Learning Objectives:
1 Introduction to Valuation
2 Brief on the Industry
3 Corporate Governance
4 Modeling Income Statement | Revenue and Cost drivers
5 Modeling Balance Sheet Items
Re-investment Items:
Capital Investment
Working Capital
Modeling Debt
6 Modeling Cash Flow Items
Linking the statements | Emphasis on common errors
7 Discount Cash Flow (DCF) Modeling - Free Cash Flow to Equity (FCFE)
7A: Understanding Discount Rate - Risk Free Rate, Equity Risk Premium, Beta and Cost of Equity
7B: Estimating Equity Risk Premium
7C: Estimating Beta and Cost of Equity
7D: DCF Valuation using FCFE
Implied Intrinsic Enterprise Value
Sensitivity Analysis
8 Free Cash Flow to Firm (FCFF)
Estimating Discount Rate - Cost of Debt and WACC
Implied Intrinsic Market Value of Equity
Sensitivity Analysis
9 FCFE vs FCFF
10 Relative Pricing