This session is delivered via live webinar (zoom platform).

A detailed set of instructions on the Live Webinar will be sent to you closer to date.


Programme Objective

• The fundamental factors that underlie valuation and how can they be used in practice.
• What lies behind multiples such as P/E, DCF, APV, and EVA and how they are used in valuation.
• The key rates of company valuation in corporate finance and particularly in merger and acquisitions.
• Valuation of private companies, banks, IPOs, franchise, etc
• How to Restructure a corporation and what are the latest Funding techniques

 

Programme Outline

Day One

Session 1: Overview and Concept of Valuation

Obtaining companies' true value and finding out unrealized shareholder values trapped in companies is vital.

This session lays out the key role of company valuation in corporate finance as well as mergers and acquisitions.

• Key points of Company Valuation
• Valuation Key Questions
• Valuation for Mergers & Acquisitions
• Process of Valuation

Session 2: Valuation Framework and Techniques

• Techniques of Earnings-Based Valuations
• Technology Business Valuation
• Private Company Valuations
• Share Option Valuations
• Relative Valuation Method
• Direct Valuation Method
• Discounted Cash Flows Method
• Adjusted Present Value
• EVA Method

Session 3: Financial Review

This session examines the ratio analysis and the Five Key areas of interest when organizing a Financial Review. The cash flows analysis will also be discussed.

You will understand how to look at key financial ratios to help determine whether the business is creating wealth from both a qualitative and quantitative perspective.

1. Ratio Analysis

• Trend Analysis
• Cross-section Analysis
• DuPont Model
• The Return on Shareholders' Equity (ROE) Model
• Case Study on ROE Model

2. Cash Flows Analysis

• Cash Flows From Operative Activities (CFFO)
• Cash Flows From Investing Activities (CFFI)
• Cash Flows From Financing Activities (CFFF)
• Cash Flows Analysis Illustration

Day Two

Session 4: Traditional Valuation Models

• Traditional Valuation Methods
  • a) Earnings Multiple Analysis
  • b) Discounted Cash Flow Analysis (DCFA)
  • c) Weaknesses and Advantages
• Alternatives Valuation Methods
• Discounting Factor:-
• Calculating the Weighted Average Cost of Capital (WACC)
• Valuation when Company Structure Changes
• Best Practices Survey
• Different Approaches to Corporate Valuation

Session 5: Company Restructuring and Funding Issues

• This session will look at the restructuring process and available restructuring solutions. You will understand efficient processes for restructuring and latest restructuring techniques used and proposed for companies in financial difficulties.
• Restructuring Process & Management
• Relationship with the Top Management
• Relationship with the Shareholders
• Relationship with the Investment Bankers
• Available Restructuring Solutions

Session 6: Funding Methods and Solutions

Pre-requisites

Please take note of the following admission requirements:

• Trainings will be conducted on Zoom platform, thus video camera and microphone are compulsory
• Mandatory for video camera to be turned on throughout the course
• Display your official name (as per NRIC) in Zoom, to facilitate attendance taking
   

Training Methodology
Presentation style with interactive case studies and open discussion.

Closing Date for Registration
1 week before programme or until full enrolment

Intended For

This training course has been designed specifically for executives with significant strategic responsibility including: •CFOs •Corporate Finance Managers •Valuation & Research Mangers •Business Development Managers •Strategic Planners •Financial Controllers •Treasurers •Accountants •Analysts •M&A Specialists •Fund Managers •Researchers •Risk Management Managers •Vice Presidents - Project Finance •Lending Officers •Management & Strategic Consultants

Competency Mapping

Others = 14.00 Hours

Programme Facilitator(s)