This foundational course introduces and illustrates the components of total investors’ returns, and how to apply balanced value investing strategies to optimize total risk and returns for investors in equity. It explains and illustrates intrinsic valuation techniques including earnings and EBITA (or EBITDA) multiples valuation, the dividend valuation model (DVM), and discounted cash flow (DCF). It also discusses and illustrates net assets valuation, market-to-book ratios (MBR), portfolio construction, and qualitative and behavioral success factors including client relationship management.
Content for the course is designed and delivered by a financial industry practitioner with an extensive practical understanding of the investment markets. Each course is rigorous, including two practice questions per lesson, and a final, graded assessment of 20 questions involving all lessons and sections.
This program is designed for anyone interested in understanding how to apply value investing techniques to investment selection, including private investors, people already working within a financial institution in the front, middle, or back-office areas, or seeking entry to one of these roles.Basic understanding of investments, stocks and stock markets.
This foundational course introduces and illustrates the components of total investors’ returns, and how to apply balanced value investing strategies to optimize total risk and returns for investors in equity. It explains and illustrates intrinsic valuation techniques including earnings and EBITA (or EBITDA) multiples valuation, the dividend valuation model (DVM) and discounted cash flow (DCF). It also discusses and illustrates net assets valuation, market to book ratios (MBR), portfolio construction and qualitative and behavioral success factors including client relationship management.
What's included
26 videos7 readings7 assignments
Show info about module content
26 videos•Total 98 minutes
Introduction to the course and the instructor•2 minutes
Dividend yield •4 minutes
Capital growth •5 minutes
Total return •4 minutes
Tax on income and gains •5 minutes
Reported earnings •4 minutes
Price to earnings (PE) ratios for equity •5 minutes
Reported EBITA •5 minutes
EBITA ratios for the whole business (equity plus debt) •4 minutes
Forecast dividends •4 minutes
Required return on equity: CAPM •5 minutes
Risk destroys value •3 minutes
Growth creates value •3 minutes
Weighted average cost of capital (WACC) •5 minutes
Present value analysis •5 minutes
Annuities •4 minutes
Perpetuities •3 minutes
Book net worth •4 minutes
Tangible net worth (TNW) •3 minutes
Market to book ratios (MBR) •3 minutes
Discount to book value •3 minutes
Diversification •4 minutes
Margin of safety •3 minutes
Due diligence and experience •3 minutes
Patience and contrarianism •4 minutes
Conclusion and takeaways•1 minute
7 readings•Total 70 minutes
Welcome to the course•10 minutes
Additional resources •10 minutes
Additional resources •10 minutes
Additional resources •10 minutes
Additional resources •10 minutes
Additional resources •10 minutes
Additional resources •10 minutes
7 assignments•Total 300 minutes
Components of total shareholder return (TSR) •30 minutes
Profitability Value Drivers•30 minutes
Dividend Valuation Model (DVM) For Equity•30 minutes
Discounted cash flow (DCF) for whole business (equity plus debt)•30 minutes
Net assets valuation for equity•30 minutes
Portfolio construction and client relations•30 minutes
Final assessment•120 minutes
Instructors
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