DEPARTMENT OF ECONOMICS AND FINANCE
Investment Valuation Models
The goal of this project is to apply the valuation techniques we learn in class on real world companies. Students should pick one type of company to value. The steps to be taken are the following:
Step 1: Choose One of the companies below to Value
● One US or UK company.
● One non UK/US company .
Step 2: Discounted Cash Flow Valuation
Value the company using a discounted cash flow model.
• Evaluate how your value estimates change according to your assumptions .
• Explain what are the key drivers of value for your company?
• Present your valuation steps in pictures and tables, and summarize the assumptions that you have made.