Deep dive
Advanced Valuation Methods
Master the valuation tools that separate senior analysts from juniors: APV for changing capital structures, real options for strategic flexibility, excess earnings for intangible-heavy businesses, and the financial modeling discipline that ties it all together.
Before this course
These cover the assumed background. You can start here anyway — nothing is locked.
Lessons in this course
Work through them in order, or jump to whichever fits where you are. Every lesson is free and saves your progress locally.
- 01APV: When WACC Falls Apart
- 02Continuing Value: The Value Driver Approach
- 03Excess Earnings Method: Valuing Intangible-Heavy Businesses
- 04Real Options: Valuing Strategic Flexibility
- 05Financial Modeling Discipline: Models That Earn Trust
- 06The ROIC-WACC Spread: When a Business Creates Value
- 07Decomposing ROIC: The Value-Driver Tree
- 08Economic Profit: NOPAT Minus Capital Charge
- 09Sanity-Checking a DCF (Exit Multiples, ROIC Convergence)
- 10Fade-Period Assumptions in DCF