Business Valuations: Advanced Strategies and Practical Applications
CPD Hours: 2
Price: R450.00
Business Valuations: Advanced Strategies and Practical Applications
Presenters : Bekithemba Ndebele ACCA
Overview
In Part 1 of our webinar on business valuation, we covered all the foundational principles. This second instalment dives deeper into the practical and more advanced aspects of business valuation. The main aim of this webinar is to empower you with the strategic tools needed to excel in your advisory role.
Join Bekithemba Ndebele (ACCA) as he presents advanced methodologies and real-world applications of business valuation that will elevate your expertise and provide you with the tools necessary to offer comprehensive and impactful advice to your clients.
Learning objectives
Attending this webinar will equip you with the following skills:
-
Gain proficiency in advanced valuation techniques such as discounted cash flow (DCF) analysis, market multiple approaches, and precedent transactions.
-
Learn how to use valuation as a strategic tool for business decision-making including, merger and acquisition strategies, restructuring, and strategic planning to enhance business value and drive long-term growth.
-
Develop the ability to make necessary adjustments and normalisations to financial statements to reflect a more accurate valuation including adjustments for non-recurring items and owner’s compensation.
-
Acquire hands-on experience in building and interpreting complex financial models by constructing robust models that can support various valuation methods and provide deeper insights into a business’s financial health and potential.
-
Engage with detailed case studies that illustrate the practical application of advanced valuation techniques.
Content
The webinar will cover the following topics:
-
Recap – Difference between Prive and Value.
-
Steps involved in a business valuation.
-
An overview and application of common valuation approaches and models.
-
Market-based approaches.
-
Public company comparable.
-
Precedent transaction comparable.
-
-
Income based approaches.
-
Discounted cash flow (DCF) models.
-
Earnings capitalisation models.
-
-
Asset-based approaches.
-
Book value.
-
Liquidation (fire sale value).
-
-
Basic valuation inputs and assumptions.
-
Historical financial information and forecasting.
-
Estimating the short-term and long-term growth rates.
-
Estimating the required rate of return (WACC).
-
Comparable companies (peers) and comparable transactions
-
Application of leverage in estimating cost of equity.
-
Estimating the cost of equity (Capital Asset Pricing Model).
-
Estimating the cost of debt.
-
-
Business valuation practical application (case study).
-
Limitations of business valuation models.
-
Subjectivity and assumptions.
-
Uncertainty of future performance.
-
Variability in views.
-
Lack of comparability.
-
Not an exact science.
-
