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Contents 1. Learning Outcome Statements (LOS) 2. Reading 24: Equity Valuation: Applications and Processes 1. Exam Focus 2. Module 24.1: Equity Valuation: Applications and Processes 3. Key Concepts 4. Answer Key for Module Quizzes 3. Reading 25: Return Concepts 1. Exam Focus 2. Module 25.1: Return Concepts 3. Key Concepts 4. Answer Key for Module Quizzes 4. Reading 26: Industry and Company Analysis 1. Exam Focus 2. Module 26.1: Forecasting Financial Statements 3. Module 26.2: Competitive Analysis and Growth Rate 4. Key Concepts 5. Answer Key for Module Quizzes 5. Reading 27: Discounted Dividend Valuation 1. Exam Focus 2. Module 27.1: DDM Basics 3. Module 27.2: Gordon Growth Model 4. Module 27.3: Multiperiod Models 5. Key Concepts 6. Answer Key for Module Quizzes 6. Reading 28: Free Cash Flow Valuation 1. Exam Focus 2. Module 28.1: FCF Computation 3. Module 28.2: Fixed and Working Capital Computation 4. Module 28.3: Net Borrowing and Variations of Formulae 5. Module 28.4: Example 6. Module 28.5: FCF Other Aspects 7. Key Concepts 8. Answer Key for Module Quizzes 7. Reading 29: Market-Based Valuation: Price and Enterprise Value Multiples 1. Exam Focus 2. Module 29.1: P/E Multiple 3. Module 29.2: P/B Multiple 4. Module 29.3: P/S and P/CF Multiple 5. Module 29.4: EV and Other Aspects 6. Key Concepts 7. Answer Key for Module Quizzes 8. Reading 30: Residual Income Valuation 1. Exam Focus 2. Module 30.1: Residual Income Defined 3. Module 30.2: Residual Income Computation 4. Module 30.3: Constant Growth Model for RI 5. Module 30.4: Continuing Residual Income
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6. Module 30.5: Strengths/Weaknesses 7. Key Concepts 8. Answer Key for Module Quizzes Reading 31: Private Company Valuation 1. Exam Focus 2. Module 31.1: Private Company Basics 3. Module 31.2: Income-Based Valuation 4. Module 31.3: Market-Based Valuation 5. Module 31.4: Valuation Discounts 6. Key Concepts 7. Answer Key for Module Quizzes Topic Assessment: Equity Valuation 1. Topic Assessment Answers: Equity Valuation Formulas Copyright
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