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
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 implementation of this teaching / learning project it is relevant to make all content available in moodle and the availability of access to the main financial websites and databases of companies.
The evaluation is carried out on the basis of a group work consisting of the evaluation of a company according to a defined work methodology in a script and an individual test.
In the implementation of this teaching / learning project it is relevant to make all content available in moodle and the availability of access to the main financial websites and databases of companies.
The evaluation is carried out on the basis of a group work consisting of the evaluation of a company according to a defined work methodology in a script and an individual test.
Teaching Staff (2023/2024 )
- Célsio Mota das Neves Quaresma
- José Eduardo Boto Correia [responsible]
