2024
Firms Valuation
Name: Firms Valuation
Code: GES12672M
6 ECTS
Duration: 15 weeks/156 hours
Scientific Area:
Management
Teaching languages: Portuguese
Languages of tutoring support: Portuguese, English
Regime de Frequência: Presencial
Sustainable Development Goals
Learning Goals
OBJECTIVES:
- Develop an understanding of the tools that are used to firms valuation.
- To know and know to apply the evaluation models in function of the characteristics of each firm.
- Know the Portuguese business structure and practice of firm valuation.
SKILLS:
Intellectual Skills:
- Capacity for teamwork.
- Ability to handle and apply the techniques and tools of firm valuation.
Practical Skills:
- Ability to search in databases of firms.
- Ability to apply methods of firm valuation.
Interpersonal Skills:
-Ability of oral and writing communication.
Instrumental Skills:
-Ability to use information technology in research work in the major financial sites.
- Develop an understanding of the tools that are used to firms valuation.
- To know and know to apply the evaluation models in function of the characteristics of each firm.
- Know the Portuguese business structure and practice of firm valuation.
SKILLS:
Intellectual Skills:
- Capacity for teamwork.
- Ability to handle and apply the techniques and tools of firm valuation.
Practical Skills:
- Ability to search in databases of firms.
- Ability to apply methods of firm valuation.
Interpersonal Skills:
-Ability of oral and writing communication.
Instrumental Skills:
-Ability to use information technology in research work in the major financial sites.
Contents
1 - The concept of value and valuation approaches
2 - Valuation based on financial statements
3 - Relative valuation based on market multiples
4 - Valuation models based on discounted cash-flows
5 - Valuation based on discounted excess earnings method
6 Firm valuation under risk and uncertaint conditions
7 - The contribute of real option theory to firm valuation
2 - Valuation based on financial statements
3 - Relative valuation based on market multiples
4 - Valuation models based on discounted cash-flows
5 - Valuation based on discounted excess earnings method
6 Firm valuation under risk and uncertaint conditions
7 - The contribute of real option theory to firm valuation
Teaching Methods
The teaching of the discipline follows the methodology "learning by doing" in that at the end of each point of the program exercises or cases are carried out and their practical application in the accomplishment of the group work. The main objective of the work is to provide experience in the research of data and information in the main sources of information of Portuguese companies and to allow the practical application of the models of evaluation of companies. The work is developed in phases, developed according to a script, which corresponds to each model studied in each point of the programmatic contents.
In the materialization of this teach/learning project it assumes private relevance the availability of all the contents in a moodle page of the discipline and the access readiness to the main financial sites and data bases of companies.
In the materialization of this teach/learning project it assumes private relevance the availability of all the contents in a moodle page of the discipline and the access readiness to the main financial sites and data bases of companies.
Assessment
The assessment is based on group work (AE) and an individual test (TI). The final grade (NF) will correspond to the classification resulting from the application of the following weighting: NFM = 0.60 AE + 0.40TI.
The students may choose to do an individual written test at the end of the semester (100% of final mark).
The students may choose to do an individual written test at the end of the semester (100% of final mark).
Teaching Staff
- Jacinto António Setúbal Vidigal da Silva [responsible]
Certificações
