MSB370

Lecture notes

This page will link to lecture notes for individual lectures. The following are preliminary, subject to changes. Final versions appear closer to the lecture start.

Introductory lecture: Return to business decisions
Estimating Free Cash Flow
Forecasting Free Cash Flow
Uncertainty in valuations
Cost of Capital estimation
Equity Premium estimation
Using Ratios for valuation
Terminal Value Estimation
Valuation calculations
Cash Holdings
Summary Lecture

Extras

Computer Tools
Writing in business situations

Specific examples

Valuation parameters for Norway (annual survey)

Data Examples

We go through some examples which one can go through the calculations on one's own using the data provided.

Below are provided the data for downloading, together with an overview of the examples.

They are sorted by the company that the data is taken from.

NHY Using Equity data for Norsk Hydro (NHY)
Yara Using Equity data for Yara
Equinor (previously Statoil) Using Equity data for Equinor
UK Soccer data

Background Lecture notes

The below are topics more specifically related to some of the cases. It will be covered as background either before or after the relevant case

Mergers and Aquisitions (lecture notes from Corporate Finance)
Issuing equity securities (IPO)
Socially Responsible Investing (SRI)