Decks in this Class (18):

A Distinguish Between The Method Of Comp
a distinguish between the method of comparables and the method based on forecasted fundamentals as approaches to using price multiples in valuation, and explain economic rationales for each approach;
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B Calculate And Interpret A Justified Pr
b calculate and interpret a justified price multiple;
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C Describe Rationales For And Possible D
c describe rationales for and possible drawbacks to using alternative price multiples and dividend yield in valuation;
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D Calculate And Interpret Alternative Pr
d calculate and interpret alternative price multiples and dividend yield;
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E Calculate And Interpret Underlying Ear
e calculate and interpret underlying earnings, explain methods of normalizing earnings per share (EPS), and calculate normalized EPS;
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F Explain And Justify The Use Of Earning
f explain and justify the use of earnings yield (E/P);
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G Describe Fundamental Factors That Infl
g describe fundamental factors that influence alternative price multiples and dividend yield;
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H Calculate And Interpret The Justified
h calculate and interpret the justified priceto earnings ratio (P/E), priceto book ratio (P/B), and priceto sales ratio (P/S) for a stock, based on forecasted fundamentals;
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I Calculate And Interpret A Predicted P
i calculate and interpret a predicted P/E, given a crosssectional regression on fundamentals, and explain limitations to the crosssectional regression methodology;
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J Evaluate A Stock By The Method Of Comp
j evaluate a stock by the method of comparables, and explain the importance of fundamentals in using the method of comparables;
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K Calculate And Interpret The P E To Gro
k calculate and interpret the P/Eto growth ratio (PEG), and explain its use in relative valuation;
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L Calculate And Explain The Use Of Price
l calculate and explain the use of price multiples in determining terminal value in a multistage discounted cash flow (DCF) model;
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M Explain Alternative Definitions Of Cas
m explain alternative definitions of cash flow used in price and enterprise value (EV) multiples, and describe limitations of each definition;
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N Calculate And Interpret Ev Multiples A
n calculate and interpret EV multiples, and evaluate the use of EV/EBITDA;
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O Explain Sources Of Differences In Cros
o explain sources of differences in crossborder valuation comparisons;
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P Describe Momentum Indicators And Their
p describe momentum indicators and their use in valuation;
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Q Explain The Use Of The Arithmetic Mean
q explain the use of the arithmetic mean, the harmonic mean, the weighted harmonic mean, and the median to describe the central tendency of a group of multiples;
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R Evaluate Whether A Stock Is Overvalued
r evaluate whether a stock is overvalued, fairly valued, or undervalued based on comparisons of multiples.
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