Accounting-Based Valuation

Catalog description

This course integrates financial statement analysis, corporate finance, and equity valuation to clarify how accounting information and financial metrics are reflected in stock prices and investment decisions. It provides a structured framework for inferring future company performance from today’s stock price, given your required rate of return. You will learn to synthesize, compare, and contrast key valuation approaches—including Residual Income and Abnormal Earnings Growth models—and apply these tools to real companies through in-class exercises, ultimately extending the framework to disciplined buy, sell, and hold decisions.