Trading comparables analysis is one of the most critical functions of any financial analyst. Mastering this job is crucial to success on Wall Street, whether you are in investment banking, equity research, or asset management. This hands-on, Excel-based course teaches you to analyze and compare publicly traded companies from a relative valuation perspective, focusing on current market valuation and trading multiples.
Date, Time, and Location:
Wed., Sept. 12, 2012
9:00 am - 5:00 pm
The Standard Club, 320 S. Plymouth Ct., Chicago
Register Online Today
Our comps module covers just about 98% of ALL adjustments one would possibly encounter!!
You will learn:
- The steps required to construct a trading comps analyses
- How to filter straight through to the relevant information
- Best practices on inputting and checking data, "Do's and Don'ts" tips
- Calculate LTM (last twelve months)
- Treasury Method of calculating diluted shares outstanding
- Normalizing financials for extraordinary items, non-recurring and restructuring charges
- Specific Income Statement and Balance Sheet reminders
- Hands-on creation of trading and deal comps analyses
- Handling projections for comparability
- Weighted average cost of capital analysis
- Incorporate trading comps with core financial model and DCF valuation to build reference range and football field to summarize overall valuation ranges
To maximize the educational value of this program, we strongly recommend that you have a basic understanding of Excel and are familiar with its functions and features.
Members - $495
Non-Members - $595
Student-Members - $125 (Limited seats available)
(payable by cash, check or credit card - NO FUNCTION TICKETS)*
CFA Institute Qualified Activity: Eligible for 7 credit hours
Attire: Business Casual
Menu: Chef's Choice (Vegetarian meal available upon request)
Register online below, or by phone: 312-251-1301
Hosted by: Education Advisory Group
8:30 a.m.-9:00 a.m.: Registration
9:00 a.m.-5:00 p.m.: Seminar
Bring your PC laptop with Microsoft Excel installed and a working USB port. (Macs with Office 2008 will not be as effective).
NOTE: Laptops will not be provided.
Instructor: Hamilton Lin, CFA
President and Founder - Wall Street Training
Hamilton Lin, CFA, President and Founder of Wall St. Training, has a broad background in investment banking and mergers and acquisitions. His responsibilities have included analyzing, structuring and negotiating mergers & acquisitions. Lin custom-builds and develops all of the financial and merger models that he uses which have become corporate and departmental standards. Lin has closed over two dozen transactions and has diverse industry experience ranging from oil & gas to insurance to asset management and related sectors.
About Wall St. Training:
Wall St. Training provides professional financial training solutions to Wall Street through hands-on classroom training and customized corporate training programs for financial analysis which take a hands-on, interactive, practical, non-theoretical approach. Wall Street Training's clients include Bank of America/Merrill Lynch, Credit Suisse, Citigroup, Deutsche Bank, Fidelity, GE, Goldman Sachs, JPMorgan, Morgan Stanley, TPG, and many others. For more information:
www.wallst-training.com and www.wstselfstudy.com.
*Special Notes Regarding Fees:
Student rate only available to students approved as a Student-Member of CFA Chicago for 2011-2012. Credit card is required to guarantee ALL reservations. No day-of-event pre-registrations accepted (on-site only, if applicable and space available). There is a $5 surcharge for walk-ins. Visa, MasterCard, American Express, Discover and Diners Club are accepted. Cancellations accepted until 5:00pm, Sept. 7.
Members of any CFA society may attend at the CFA Chicago member rate. If you are only a member of CFA Institute, you do not qualify for the society member rate.
CFA Institute CE Qualified Activity
This program qualifies for credit under the guidelines for the CFA Institute Professional Development Program.