Value Drivers


The purpose of the module is to share an overview of drivers of valuation. The module includes an introduction to the present value of investment to facilitate better concepts involved in discounting cash flows. The module introduces three prolonged analyses for valuing equity firms. This is an excellent online course for working professionals and students who want to get an introduction to basic concepts in equity valuation. They go to an intermediate level within a short period. There are in-house examples, worksheet problems to understand the concepts discussed. Further, there are references to reports to build better expertise on equity valuation.

An introductory video on Equity Valuation. This part of the valuation series was posted on the previous website of The middle Road, updated with audio clarity. There will be new quizzes updated as part of this series. There is limited reference to the book Valuation: Measuring and Managing the Value of Companies, University Edition (Wiley Finance) McKinsey & Company for this online course. There are multiple references, key reference is Investment Valuation by Aswath Damodaran's 

 Understanding meaning of value and value drivers.

Introduction of concepts like Return on Invested Capital, Earnings Growth, Investment Rate, and free cash flows for the firm.
This is a short module on Introduction to Valuation. The online course is geared toward equity valuation, introducing concepts of value drivers' Return on Invested Capital. This course shares an overview of types of valuation models, financial statements, capital, and risk structure. A brief understanding of fixed income, i.e., bonds, is included to facilitate valuing companies with debt.
Image Reference Valuation: Measuring and Managing the Value of Companies, University Edition (Wiley Finance) | The middle Road 
This module series looks at discounted cash flow model, especially WACC for valuing debt and equity, and a brief on the capital asset pricing model. The modules share a perspective on a firm's free cash flows, highlighting the difference between equity and firm valuation. There are solved questions from Aswath Damodaran's book, solved solutions to inhouse questions developed by The middle Road. The course includes quizzes and a certificate from The middle Road.