Understanding Equity Market Valuation Methodology

Course Overview

The valuation "tools of the trade" vary between sectors of the equity markets. Understanding which to apply, where and when, is essential knowledge for anyone involved in these markets, either as an active direct investor or an indirect equity fund holder. What matters is what the company does, not where it is listed.

• The most (over)used metric in the market — the P/E ratio
• Dividend-related methodology — yields
• Asset-based methodology — price to book value; tangible vs intangible assets
• Sales-based methodology — how to explain Tesla's valuation
• Enterprise values and EBITDA explained

Learning Outcomes

This programme offers participants an insight into how professional traders, analysts and portfolio managers navigate the world's equity markets. Numerically it is not as complicated as you might think.