Master Valuation Techniques That Actually Work

We teach financial analysts practical methods they'll use every week. No theoretical fluff—just real DCF models, comparable analysis, and precedent transactions that make sense when you're sitting at your desk at 11pm finishing a pitch deck.

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Why Most Valuation Training Misses the Mark

Here's something odd: most courses teach you formulas but skip the judgment calls. When do you actually use a 10-year DCF versus comparable company analysis? How do you defend your WACC calculation when a partner questions it?

Our October 2025 program focuses on decision frameworks. You'll work through 18 real company scenarios—not sanitized textbook examples. Think messy cap tables, questionable management guidance, and industries where "comparable" companies barely exist.

Financial analyst reviewing valuation models on multiple screens

What You'll Build During Four Months

Complete Valuation Models From Scratch

Week three, you're building a three-statement model with a working DCF. Week seven, you're valuing a SaaS company with negative EBITDA. Week eleven, you're presenting a precedent transaction analysis to actual investment professionals who'll ask uncomfortable questions.

Each model stays with you afterward. No locked course portals—the Excel files are yours, comments and all. Past participants tell us they've pulled these out during job interviews or when onboarding at new firms.

Industry-Specific Approaches

Tech valuations work differently than manufacturing. We cover both, plus resources, financial services, and retail.

Real Feedback Loops

Submit your work, get written comments within three days. No AI grading—actual analysts review your assumptions.

Comparable Company Analysis That Holds Up

Finding true comparables is harder than it looks. Same industry doesn't mean comparable if growth rates differ by 40%. We spend two full weeks on screening criteria, metric selection, and explaining your choices when someone inevitably asks "why didn't you include Company X?"

You'll leave with a framework for building peer groups that survives scrutiny. Plus templates for the common multiples—EV/EBITDA, P/E, Price/Sales—with guidance on when each one matters and when it's misleading.

Spreadsheet displaying comparable company valuation metrics and multiples

Precedent Transactions Without the Guesswork

Transaction databases give you numbers, but context matters more. Was it a strategic acquisition or financial buyer? Distressed sale or competitive auction? These details change how you interpret the multiples.

We walk through twelve actual M&A deals, examining what drove the valuations. Then you'll analyze recent transactions in your chosen sector, documenting your reasoning in the same format investment banks use internally.

Financial documents and charts showing historical merger and acquisition transaction data

How the Program Actually Runs

Foundation Phase (Weeks 1-4)

Financial statement analysis and modeling fundamentals. If you already know this cold, we have an accelerated track. If you're rusty, the extra practice ensures you won't stumble on basics when we hit complex valuations.

DCF Deep Dive (Weeks 5-8)

Building projections, calculating WACC, determining terminal values. You'll construct full DCF models for three companies across different sectors, defending every assumption in written memos.

Relative Valuation (Weeks 9-12)

Comps and precedent transactions with emphasis on selecting appropriate peers and adjusting for differences. Includes a presentation component where you defend your valuation to a panel.

Advanced Applications (Weeks 13-16)

Special situations like valuing startups, distressed companies, or businesses with unusual capital structures. Final project involves a comprehensive valuation using multiple methodologies.

Next Cohort Begins October 2025

Limited to 28 participants so everyone gets proper attention on their work. Applications open in July. If you want to see the full curriculum breakdown and sample materials, those are available now.

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