Prof. Gabriele Fraboni

Argomenti del programma: The course focuses on the following topics: • Introduction to financial statements and valuation; • The reformulation and analysis of shareholders' equity, balance sheet, income statement and cash flow; • The analysis of profitability and credit risk; • Valuation methods; • Valuing intangible assets; • Accounting quality; • ESG performance.

Argomenti del programma: The course focuses on the following topics: • Introduction to financial statements and valuation; • The reformulation and analysis of shareholders' equity, balance sheet, income statement and cash flow; • The analysis of profitability and credit risk; • Valuation methods; • Valuing intangible assets; • Accounting quality; • ESG performance.

Argomenti del programma: ADVANCED CAPITAL BUDGETING 1) Free cash flow models 2) Sensitivity analysis VALUING BONDS AND STOCKS 1) Valuing bonds 2) Valuing stocks RISK AND THE COST OF CAPITAL 1) Capital markets and the pricing of risk 2) Applications and estimation of Capital asset pricing model 3) Alternative models of systematic risk CAPITAL STRUCTURE AND VALUATION 1) WACC 2) Adjusted Present Value 3) Flow to Equity 4) Business Valuation

Argomenti del programma: ADVANCED CAPITAL BUDGETING 1) Free cash flow models 2) Sensitivity analysis VALUING BONDS AND STOCKS 1) Valuing bonds 2) Valuing stocks RISK AND THE COST OF CAPITAL 1) Capital markets and the pricing of risk 2) Applications and estimation of Capital asset pricing model 3) Alternative models of systematic risk CAPITAL STRUCTURE AND VALUATION 1) WACC 2) Adjusted Present Value 3) Flow to Equity 4) Business Valuation