Valuation and Investing

Building blocks and case studies on the financial analysis and valuation of public equities.

Lectures

1. favorites

   Lecture 1 - Price and Market Capitalization

   Introduction to price and market capitalization.

2. favorites

   Lecture 2 - Introduction to the Income Statement

   The income statement, revenue, gross profit, operating profit, net income, ROA and ROE.

3. favorites

   Lecture 3 - Earnings and EPS

   Earnings, EPS (earnings per share) and how they relate to the income statement and balance sheet.

4. favorites

   Lecture 4 - Introduction to the Price-to-Earnings (PE) Ratio

   Price to Earnings Ration (or P/E ratio).

5. favorites

   Lecture 5 - P/E Discussion

   Discussion of the price-to-earnings ratio.

6. favorites

   Lecture 6 - ROA Discussion 1

   A discussion of the various ways to measure return on assets.

7. favorites

   Lecture 7 - ROA Discussion 2

   More on the return on asset discussion.

8. favorites

   Lecture 8 - Depreciation

   Depreciation a capital asset.

9. favorites

   Lecture 9 - Amoritzation

   Introduction to amortization.

10. favorites

    Lecture 10 - P/E Conundrum

    A situation where the price to earnings ratio seems to not fairly price an asset.

11. favorites

    Lecture 11 - Enterprise Value

    Solving the P/E conundrum by looking at a different valuation metric (enterprise value).

12. favorites

    Lecture 12 - EBITDA

    Review of Enterprise Value and comparing it to EBITDA.