Home
Search results “Rosenbaum investment banking models”
Discounted Cash Flow (DCF) Model – CH 3 Investment Banking Valuation Rosenbaum
 
01:23:02
The discount cash flow analysis (DCF) is a fundamental valuation methodology broadly used by investment bankers, corporate officers, and other finance professionals. It is based on the principal that the value of a company can be derived from the PV of its projected free cash flow (FCF). While many videos cover the actual framework and how to build the excel model, the assumptions and thinking behind the model are often left to more “real world” examples. This is that example! Chapter 3 covered topics like; - How do you project revenues for a DCF model? - How many years do you project cashflows for? - What is the exit multiple method? - What is the perpetuity growth method? - How do you project EBITDA for a DCF model? - How do you project EBIT for a DCF model? - How do you project the NWC for a DCF model? - What is the mid-year convention? - How do you calculate unlevered free cash flow? For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles Videos referenced; Estimating Cost of Debt For WACC: https://www.youtube.com/watch?v=CSkPlxEe-dY Estimating Cost Of Equity For WACC: https://www.youtube.com/watch?v=ZigyWoDAMrE Projecting NWC; https://www.youtube.com/watch?v=2E1Hca2dVbI Why Is Your DCF Model Incorrect? https://www.youtube.com/watch?v=ByyK0AMuLxc
Views: 4821 FinanceKid
Investment Banking Mock Interview: What is an LBO?
 
00:52
In this video, Joshua Rosenbaum and Joshua Pearl, authors of the highly acclaimed and authoritative textbook, Investment Banking, walk you through some common technical questions asked during the investment banking interview process, specifically "What is an LBO?" You can access more investment banking mock interview and training videos at http://www.efficientlearning.com/investment-banking/
Views: 44639 Wiley Finance
CH 3 Questions - Discounted Cash Flow (DCF) Model, Investment Banking Valuation Rosenbaum
 
19:45
Once you’ve watched the full CH3 video and learned how to build a DCF model, test your knowledge with these 15 questions! I walk through the examples and tie what we learned in the chapter video to these questions. So what did we learn? - How do you project revenues for a DCF model? - How many years do you project cashflows for? - What is the exit multiple method? - What is the perpetuity growth method? - How do you project EBITDA for a DCF model? - How do you project EBIT for a DCF model? - How do you project the NWC for a DCF model? - What is the mid-year convention? - How do you calculate unlevered free cash flow? For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 1041 FinanceKid
Comparable Companies Analysis – CH 1 Investment Banking Valuation Rosenbaum
 
01:04:49
In this video, I provide a comprehensive overview of the comparable companies analysis used in investment banking and the different steps needed to offer a defensible valuation range. The video is long but offers all the information you need to know for an entry level analyst and any student looking to prepare for a related interview. I am working off the second edition Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions textbook by Joshua Rosenbaum and Joshua Pearl. Chapter 1 covered topics like; - Finding the right universe of comparable companies using business and financial characteristics - Enterprise and equity value multiples - Treasury stock and if-converted methods for fully diluted shares - Net share settlement method (NSS) - Calendarization of financial data - Adjustments for non-recurring items - Benchmarking and valuation For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 5494 FinanceKid
Investment Banking 101: Operating Model
 
01:18:05
In this episode of the financial modelling series Sergey, ex-Goldman Sachs investment banker, will describe how to build an operating model for a start-up company with the step-by-step financial modelling guide. 00:47 income statement assumptions total revenue cost of goods sold research & development sales & marketing general & administrative expenses other expenses 26:00 balance sheet assumptions operating assets operating liabilities capex & depreciation schedule other assumptions 37:35 income statement revenue gross profit operating expenses operating income ( EBIT) prfoit before taxes net income 49:10 balance sheet assets liabilities & shareholders equity 01:04:08 cash flow statement cash flow from operating activities Original Excel file with financial model can be found here: https://goo.gl/QScJgJ Our Investment Banking preparation course https://youtu.be/bBMmN8Cmq3g WANT TO GET INTO INVESTMENT BANKING? Join Sergey's course on Investment Banking Interview Prep https://edu.fless.pro/investment-banking-interview-prep-course SUBSCRIBE AND STAY WITH US! FLESS https://fless.pro Instagram https://www.instagram.com/flesspro Facebook https://www.facebook.com/flesspro VK https://vk.com/flesspro Telegram https://t.me/flesspro
Views: 4894 Fless
Investment Banking Interview Question: Financial Statements
 
01:18
In this video, Joshua Rosenbaum and Joshua Pearl, authors of the highly acclaimed and authoritative textbook, Investment Banking, walk you through how to answer technical questions asked during the investment banking interview process, specifically "How do the three main financial statements link together?" You can access more investment banking mock interview and training videos at http://www.efficientlearning.com/investment-banking/
Views: 50270 Wiley Finance
Leveraged Buyouts (LBOs) – CH 4 Investment Banking Valuation Rosenbaum
 
01:02:04
A leveraged buyout (LBO) is the acquisition of a company, division, business, or collection of assets using debt to finance a large portion of the purchase price. The remaining portion of the purchase price is funded with an equity contribution by a financial sponsor. The ability to leverage the relatively small equity investment is important for sponsors to achieve acceptable returns. The use of leverage provides the additional benefit of tax savings realized due to the tax deductibility of interest expense. Questions answered in the video include? - What are private equity firms and how do they invest? - How does leverage impact the equity returns of a sponsor? - What is a leveraged buyout (LBO)? - How does changing the financing mix change overall returns? - What is the internal rate of return (IRR)? - What are the characteristics of a strong LBO candidate? - What are the available sources of LBO financing? For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 2725 FinanceKid
CH 4 Questions - LBO Transactions, Investment Banking Valuation Rosenbaum
 
16:36
Once you’ve watched the full CH4 video and learned about the LBO transaction and the private equity industry, test your knowledge with these 15 questions! I walk through the examples and tie what we learned in the chapter video to these questions. So what did we learn? - What are private equity firms and how do they invest? - How does leverage impact the equity returns of a sponsor? - What is a leveraged buyout (LBO)? - How does changing the financing mix change overall returns? - What is the internal rate of return (IRR)? - What are the characteristics of a strong LBO candidate? - What are the available sources of LBO financing? For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 579 FinanceKid
Why Is My DCF Model Incorrect? Common Errors - DCF Model Insights
 
22:28
Please like and subscribe to my channel for more content every week. If you have any questions, please comment below. In today’s video, we learn about the discounted cash flow (DCF) model and some of the common errors analysts and students make when building their first model. The four errors covered in the video are; 1) Forecast horizon is too short 2) Incorrectly projecting continuing value assumption, complaints about Gordon Growth Method 3) Ignoring the investment needs of the business when assuming sales growth 4) Presenting the wrong metrics in the sensitivity analysis Key takeaways; 1) Forecast horizon should be eight years or more. 2) Your model should capture at least one-third of its projected value in these explicit forecast periods. The greater a dependence on the terminal value, the more biased and susceptible your model is to errors 3) When calculating the terminal value; assuming long-term growth remains flawed under microeconomics principles. In the long-term, ROIC = WACC 4) Pick metrics that directly impact the FCF of the business rather than valuation assumptions to display in your sensitivity analysis. Look above the FCF line. Here is a link to a great report covering these mistakes and more; http://www3.nd.edu/~scorwin/fin70610/Common%20DCF%20Errors_LeggMason.pdf For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 293 FinanceKid
HR & Cultural Issues In M&A Deals - Investment Banking Insights
 
40:50
M&A is a viable path for many companies to continue its growth trajectory. But despite optimistic expectations, mergers and acquisitions frequently fail, in part because managers neglect human resource issues, which are rarely considered until serious problems arise. For future and current investment bankers, as the advisor for the deal, it is important to help your client balance his/her responsibilities as a leader and negotiator. Getting the best deal involves buying the best and happiest people. Putting that at risk by destroying culture and morale while the deal is completed results in millions of dollars in losses. If you found the video helpful, consider reading a great report on these HR issues in M&A by Deborah A. Pikula of Queens University; http://irc.queensu.ca/sites/default/files/articles/mergers-and-acquisitions-organizational-culture-and-hr-issues.pdf If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 371 FinanceKid
How Are The Three Financial Statements Linked? - Mock IB Question
 
12:11
Mock Investment Banking Interview Questions; - How are the three financial statements linked? - How will a $10 depreciation charge impact the three financial statements Key Takeaway - Start with the income statement, move onto the cash flow statement, and then end with the balance sheet. Practice as much as you can before the interview. Good luck! If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 12009 FinanceKid
Precedent Transactions Analysis – CH 2 Investment Banking Valuation Rosenbaum
 
47:27
In this video, I provide a comprehensive overview of the precedent transactions analysis used in investment banking and the different steps needed to offer a defensible valuation range. The video is long but offers all the information you need to know as an entry level analyst and for any student looking to prepare for a related interview. I am working off the second edition Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions textbook by Joshua Rosenbaum and Joshua Pearl. Chapter 2 covered topics like; - Strategic vs. Financial buyers - Deal dynamics and motivations - Purchase considerations; cash, stock-for-stock, cash/stock mix - Schedule TO, 14D-9, 13E-3, and proxy statements - Enterprise and equity value multiples - Treasury stock and if-converted methods for fully diluted shares - Synergies and necessary adjustments For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 1331 FinanceKid
10. Mergers and Acquisitions M&A in Investment Banking
 
08:28
In this video on Mergers and Acquisitions (M&A) in Investment Banking, we discuss What is Mergers and Acquisition or M&A and how Investment Bankers help in M&As Mergers and Acquisitions in easy language means - either company A mergers with company B to form a larger entity C - - or company A gets acquired by company B and company A ceases to exist. Investment Bankers help companies identify potential Mergers and acquisitions target. Their role includes the following - 1. analyzing the target's financial information 2. evaluating potential synergies 3. identifying risks and benefits 4. assessing operations 5. preparing a financial model to understand accretive/dilutive analysis. With this, the Investment Banker in M&A Advisory prepares pitch books and meets potential acquirers and targets and also helps in negotiations For more detail, please refer to https://www.wallstreetmojo.com/investment-banking-mergers-and-acquisitions/
Views: 526 WallStreetMojo
Mock Interview Question: Why Investment Banking?
 
01:24
In this video, Joshua Rosenbaum and Joshua Pearl, authors of the highly acclaimed and authoritative textbook, Investment Banking, walk you through some common behavioral questions asked during the investment banking interview process, specifically, "Why are you interested in investment banking"? You can access more investment banking mock interview and training videos at https://www.efficientlearning.com/investment-banking/resources/mock-interview/
Views: 100492 Wiley Finance
1. What is Investment Banking (What do they actually do?)
 
03:58
In this video, we discuss what is Investment Banking? We also discuss the basics of Investment Banking roles and how exactly they make money. Introduction to Investment Banking Basics Investment Bankers are just like real estate brokers. The investment bankers primary work for commissions for investors. They help and act as an agent for the following kind of work - - Sales and Trading of Stocks - Raising Capital for companies through IPO, FPO, Bond placements or private placements. - Help in mergers and acquisitions - Restructuring of the organization. - Underwriting and Market Making Investment Bankers is a financial analyst who is proficient in excel, accounting, financial modeling, and valuations. They prepare pitch books and also complete legal work for their clients. For more detail, please refer to https://www.wallstreetmojo.com/what-is-investment-banking/
Views: 1016 WallStreetMojo
Mock Investment Banking Interview Questions – Enterprise Value
 
03:39
Mock Investment Banking Interview Questions; - How Do You Calculate Enterprise Value? - Why Is Cash And Equivalents Subtracted From Enterprise Value? - When Calculating EV, What Changes Between The Precedent Transactions Analysis & Comparable Companies Analysis? If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 704 FinanceKid
CH 1 Questions - Comparable Companies Analysis, Investment Banking Valuation Rosenbaum
 
17:52
Test your knowledge of comparable companies analysis! The following video covers the chapter 1 questions from the Joshua Rosenbaum Investment Banking book. The multiple choice questions offer a great challenge for any students preparing for their investment banking interviews. Chapter 1 covered topics like; - Finding the right universe of comparable companies using business and financial characteristics - Enterprise and equity value multiples - Treasury stock and if-converted methods for fully diluted shares - Net share settlement method (NSS) - Calendarization of financial data - Adjustments for non-recurring items - Benchmarking and valuation For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 1148 FinanceKid
Sell-Side M&A – CH 6 Investment Banking Valuation Rosenbaum
 
56:03
The sale of a company, division, business, or collection of assets is a major event for its owners, management, employees, and other stakeholders. It is an intense, time-consuming process with high stakes, usually spanning several months. The seller typically hires an investment bank and its team of trained professionals to ensure that key objectives are met and a favorable result is achieved. This video covers sell-side M&A from chapter 6 of the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions textbook by Joshua Rosenbaum and Joshua Pearl. Questions answered in the video include? - What is a broad auction? - What is a targeted auction? - What is a negotiated sale? - What is the sell-side M&A process from start to finish? - What is the difference between a strategic and financial buyer? - What is a Confidential Information Memorandum (CIM)? - What is a letter of intent (LOI)? - One step vs two-step merger For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 1832 FinanceKid
Comparable Company Analysis
 
10:57
A basic tutorial on how the logic of how a Comps Analysis works. Great for anyone interviewing for investment banking. Find model on ValuationUniversity.com
Views: 19082 Valuation University
Valuation DCF Case Study
 
38:01
In class today we went through a DCF case study example. This was similar to a portion of a bulge bracket bank final round case one of our past students had provided for us. My fourth book coming out this month will be pages of similar case studies increasing in difficulty to best prepare a candidate for investment banking interviews. https://www.amazon.com/Technical-Interview-Investment-Banking-Website/dp/1119161398/ref=sr_1_4?ie=UTF8&qid=1486645420&sr=8-4&keywords=pignataro
Views: 9237 Paul Pignataro
Leveraged Buyout Quick Model
 
58:49
Here's a quick leveraged buyout model. In class today we stressed the importance of honing in on and understanding how variables impact IRR.
Views: 2682 Paul Pignataro
CH 6 Questions - Sell-Side M&A, Investment Banking Valuation Rosenbaum
 
17:03
Once you’ve watched the full CH6 video and learned about the sell-side M&A process, test your knowledge with these 15 questions! I walk through the examples and tie what we learned in the chapter video to these questions. So what did we learn? - What is a broad auction? - What is a targeted auction? - What is a negotiated sale? - What is the sell-side M&A process from start to finish? - What is the difference between a strategic and financial buyer? - What is a Confidential Information Memorandum (CIM)? - What is a letter of intent (LOI)? This video covers chapter 6 of the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions textbook by Joshua Rosenbaum and Joshua Pearl. For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 453 FinanceKid
Discounted Cash Flow (Part 2 of 2): DCF Applied to a Real Firm
 
29:18
This video follows Part 1 (available here: http://youtu.be/77ivvN2Uk28), which reviewed the basics of a DCF Model, including how to program a basic model in an Excel spreadsheet. This video illustrates a Discounted Cash Flow Model applied to a real firm. In particular, I discuss the various sources that help inform the inputs, assumptions, and forecasts for the DCF model, including freely available sources on the web, as well as Bloomberg Professional. Disclaimer: This video is for educational purposes only. It is not investment advice. It is not intended to recommend either positively or negatively the company that is used in the illustrative example. The music is "Gnomone a Piacere" by MAT64 (http://www.mat64.org/).
Views: 81489 Jason Greene
Financial Modeling Quick Lesson: Building a Discounted Cash Flow (DCF) Model - Part 1
 
11:07
Learn the building blocks of a simple one-page discounted cash flow (DCF) model consistent with the best practices you would find in investment banking. If you are preparing for investment banking interviews, know that the DCF is the source of a TON of investment banking interview questions. To download the backup Excel file, go to www.wallstreetprep.com/blog/financial-modeling-quick-lesson-building-a-discounted-cash-flow-dcf-model-part-1/ The DCF modeled here is a simplified version of a fully-integrated DCF model. For a deeper dive into DCF modeling in Excel, please visit www.wallstreetprep.com.
Views: 328180 Wall Street Prep
Estimating The Cost Of Debt For WACC - DCF Model Insights
 
17:12
In today’s video, we learn about calculating the cost of debt used in the weighted average cost of capital (WACC) calculation. This is part of the DCF insights series for more advanced students but it offers valuable insights about the assumptions used in the model. Like many other segments of the discounted cash flow (DCF) model, the cost of debt is very important. The four methods covered in the video are; - Yield to maturity (YTM) approach - Debt rating approach - Synthetic Rating Approach - Interest on Debt Approach Link to the country default spread and risk premium database; http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/ctryprem.html Link to the bond profile for Apple Inc used in the video; http://quicktake.morningstar.com/stocknet/bonds.aspx?symbol=aapl&country=arg Link to an amazing presentation summarizing the DCF Model by Aswath Damodaran; http://people.stern.nyu.edu/adamodar/pdfiles/eqnotes/basics.pdf Please like and subscribe to my channel for more content every week. If you have any questions, please comment below. For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 2740 FinanceKid
Free Cash Flow Example | Calculate FCFF in Excel
 
14:24
In this video, we look at Free Cash Flow example in excel. Here we calculate FCFF of Alibaba IPO and Box IPO and contrast their free cash flows. Free Cash Flow Example 1 - Calculate FCFF of Alibaba IPO - We calculate FCFF using the EBIT formula here - We note that Free cash flow of Alibaba is positive and stable. - Since FCFF is positive in future years, we can use Discounted Cash Flow valuation to value Alibaba Free Cash Flow Example 2 - Calculate FCFF of Box IPO - Here again, we calculate FCFF using EBIT formula - However, FCFF of Box is negative and is in a dismal state. - Also, FCFF is negative not only in the next few years, but when we do projections over a longer period of time, still is comes out to be negative - therefore, we cannot use DCF valuation here. We must apply relative valuation method to value Box. You can download the FCFF Excel template here - https://www.wallstreetmojo.com/free-cash-flow-firm-fcff/
Views: 483 WallStreetMojo
CH 2 Questions - Precedent Transactions Analysis, Investment Banking Valuation Rosenbaum
 
16:44
Test your knowledge of precedent transactions analysis! The following video covers the chapter 2 questions from the Joshua Rosenbaum Investment Banking book. The multiple choice questions offer a great challenge for any students preparing for their investment banking interviews. Chapter 2 covered topics like; - Strategic vs. Financial buyers - Deal dynamics and motivations - Purchase considerations; cash, stock-for-stock, cash/stock mix - Schedule TO, 14D-9, 13E-3, and proxy statements - Enterprise and equity value multiples - Treasury stock and if-converted methods for fully diluted shares - Synergies and necessary adjustments For those who are interested in buying the Investment Banking: Valuation, Leveraged Buyouts, and Mergers and Acquisitions by Joshua Rosenbaum and Joshua Pearl, follow the Amazon link below; https://www.amazon.ca/Investment-Banking-Valuation-Leveraged-Acquisitions/dp/1118656210 If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 620 FinanceKid
Leveraged Buyout (LBO) Model
 
06:27
This model aims to determine how much to pay for an acquisition and how much leverage can be used while maximizing the equity IRR.
Precedent Transactions Analysis
 
13:41
A basic tutorial on how the logic of how a Precedent Transactions Analysis works. Great for anyone interviewing for investment banking. Find model on ValuationUniversity.com
Views: 3919 Valuation University
Lesson 12 | Stock Fundamental Analysis in Hindi - DCF ( Discounted Cash Flow Model )
 
14:06
Excel Sheet - http://destyy.com/wKaYFe Data Link - https://www.morningstar.in ** This excel sheet is a property TradeTitan and should not be Sold or Distributed by individuals or Third Party Content Creators ** Our Latest Videos - Tata Motors Fundamental Analysis - https://youtu.be/LdRW-TiH74g HEG Vs SUZLON - https://youtu.be/11TZ65lSiHs NIFTY Valuation - https://youtu.be/jC2wnT0rNfw This is the 12th Lesson, on DCF ( Discounted Cash Flow) Valuation Model. This video teaches you how to calculate stock Target Price and Entry Price using the Net Profit of a company. ( ** This Video is Strictly for Educational purposes, and the contents of this video is to help you learn better in terms of Stock investing. None of the Stocks mentioned in this Video are Recommendations to BUY or SELL. These are mere examples so that you can learn better. **)
Views: 3015 TradeTitan
Mock Investment Banking Interview Question – LBO Exit Strategies
 
01:52
Mock Investment Banking Interview Questions; - What Are The Monetization Strategies For A LBO Holding? If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 240 FinanceKid
#ImarticusLive - Investment Banking and Valuation Techniques
 
49:45
Investment Banking and Valuation Techniques is a webinar held on October 24, 2016. Visit: http://www.imarticus.org
Views: 1818 Imarticus Learning
Mar 7 BMGT 443   Simple DCF Model
 
41:37
Simple DCF valuation model example
Views: 398 Joe Perfetti
Mock Investment Banking Interview Question – What Is Beta?
 
10:36
Mock Investment Banking Interview Questions; - What Is Beta? How Is It Used To Value A Company? - Why Do We Unlever and Lever Beta? - How Do You Unlever and Lever Beta? - What Is The Difference Between The Bottom-Up And Top-Down Approach? If you have any other questions, please comment below. If you enjoyed the video and found it helpful, please like and subscribe to FinanceKid for more videos soon! For those who may be interested in finance and investing, I suggest you check out my Seeking Alpha profile where I write about the market and different investment opportunities. I conduct a full analysis on companies and countries while also commenting on relevant news stories. http://seekingalpha.com/author/robert-bezede/articles#regular_articles
Views: 1044 FinanceKid
Unlevered Free Cash Flow
 
00:47
Unlevered Free Cash Flow (also known as Free Cash Flow to the Firm or FCFF for short) is a theoretical cash flow figure for a business, assuming the company is completely debt free and thus has no interest expense. Unlevered Free Cash Flow is used in financial modeling to determine the enterprise value of a firm. Click here to learn more about this topic: https://corporatefinanceinstitute.com/resources/knowledge/modeling/unlevered-free-cash-flow/
Investment Banking Course Video 2 - Investment Banking University
 
14:39
There are many investment banking texts out there that claim that financial modeling and valuation is the core work of the investment banker. This is simply not the truth. The core work of the investment banker is origination, mandate/target matching, and deal structuring. It should follow that a text/course on investment banking should be based upon the same. It is the good fortune that the reader has encountered such a book/course. Investment Banking: M&A Origination, Execution, Financial Modeling & Valuation explains origination, mandate/target matching, and deal structuring (i.e. how investment bankers actually make their money). For those new to investment banking you are first going to want to clarify whether you would like to work on the sell side for a few years or pursue a career in investment banking. The skills that you will need to get started in investment banking are different than those that you will need to have a long and successful career in investment banking. The role in investment banking transforms from one that is research, financial modeling & valuation based into one focused on origination and facilitating the M&A process. M&A (Mergers & Acquisitions) is the core product of investment banking, and the other products, advisory & capital-raising, simply support this. We founded Investment Banking University (www.InvestmentBankingU.com) to prepare students for both bulge bracket and middle market investment banking career opportunities. We see a paradigm shift occurring in the field of investment banking. The idea that you need to spend three years of your life as an analyst doing 80+ hour workweeks building financial models to become an investment banker is a faulty paradigm. The real value add of an investment banker is not financial modeling & valuation, but rather origination, mandate/target matching, and deal structuring. You don’t need Goldman Sachs’ permission to be an investment banker just like you don’t need McKinsey’s permission to be a consultant. Investment banking for private companies in the middle market is a great way to build your initial coverage and career as an investment banker without sacrificing a family life or your health.
11.  Reorganizations And Restructuring Investment Banking
 
04:14
In this video on Restructuring and Reorganization, we discuss - What is Restructuring in Investment Banking - What is Reorganization - Investment Bankers role in Restructuring and Reorganization. For more detail, please refer to https://www.wallstreetmojo.com/investment-banking-restructuring-and-reorganisation/"
Views: 249 WallStreetMojo
Leveraged Buyout Analysis
 
37:40
Paul Pignataro of the New York School of Finance (formerly AnEx Training) walks through a simple leveraged buyout analysis. If you are interested in free training from our school, interview tips, and other interesting finance discussions, feel free to follow me at https://twitter.com/PaulPignataro . I have posted a first tutorial on balancing a balance sheet from last week.
Views: 24449 Paul Pignataro
What is Leveraged Buyout (LBO)?
 
02:00
In corporate finance, a leveraged buyout (LBO) is a transaction where a company is acquired using debt as the main source of consideration. Click here to learn more about this topic: https://corporatefinanceinstitute.com/resources/knowledge/finance/leveraged-buyout-lbo/
Financial Modeling Quick Lesson: Accretion / Dilution - Part 1
 
08:52
To download the model template that goes with this lesson, please go to http://www.wallstreetprep.com/blog/financial-modeling-quick-lesson-accretion-dilution-model/. In this lesson, we'll learn how to build an accretion/dilution model. One of the core models investment banking analysts and associates have to build when analyzing an acquisition is the accretion/dilution model. The underlying purpose of such an analysis is to assess the impact of an acquisition on the acquirer's expected future earnings per share (EPS). It is also a frequent topic of investment banking interview questions.
Views: 23764 Wall Street Prep
Bloomberg Training: Discounted Cashflow Analysis DCF - www.fintute.com
 
06:31
The Discounted Cash Flow DCF Analysis is one of the most widely used methods of valuing a company. Equity analysts and investment bankers around the world use the Discounted Cash Flow analysis to find the intrinsic value of a stock. This Bloomberg Tutorial will show you how to use the discounted cash flow DCF function in Bloomberg and how to download and use the Excel Discounted Cash Flow template provided by Bloomberg. If you are new to financial modeling you should start by learning a basic Discounted Cash Flow model and build from there.
Views: 22564 Fintute
Financial Valuation Methods - DCF, public comparables, precedent transaction analysis
 
07:01
Introduction to Valuation Methods - DCF, public comparables, precedent transaction analysis Part of Finance and Investment Banking crash course Additional courses coming on: -discounted cash flow DCF analysis -public comparable company analysis -precedent transaction analysis -LBO analysis (based on demand) Actuarial Science resume advice: http://www.actuarialninja.com/ Random news website: http://haolaowai.org/
Views: 2477 Mifan Films
Comparable Company Analysis (Multiples Analysis)
 
02:31
The multiples analysis is a valuation technique that determines the different market values for comparable companies. Click here to learn more about this topic: https://corporatefinanceinstitute.com/resources/knowledge/valuation/multiples-analysis/