5 – Company Valuation and Financing | Sagora Finance courses

4 – Investment Criteria and Decision-Making
5 – Company Valuation and Financing

The “ Company Valuation and Financing » training is the fifth of the six modules of our “Finance for Managers” program in Luxembourg.

The English version is taught from March to June 2025

Company Valuation and Financing : module 5/6 (2 days)

English

June 5 et 6, 2025

Luxembourg-city

20 participants max.

1.600 € HTVA

1.648 € TVAC

Taux de TVA : 3%

Training objectives

Understanding the financial approach to valuing an unlisted company and the differences with accounting approaches
Familiarise yourself with the advantages and disadvantages of common methods for valuing a company
Be able to carry out a step-by-step recovery by
- Multiple
- Discounted cash flows (adjusted present value method and WACC method)
Understanding cash flow projections
Estimating risk and the discount rate (WACC)
Assessing terminal value
Understanding the impact of financing on a company’s value
Critically analyse the results obtained and identify the key value drivers
Preparing for negotiations and understanding their impact on value creation for both parties (seller and buyer)

Content | Company Valuation and Financing

Company Financing

Types of financing
Impact on value
Examples

Company Valuation

Multiples approach
Discounted cash flow method – adjusted present value
Discounted cash flow method – WACC
Company valuation step by step: Company valuation guide
Examples and practice

Negociations

The difference between value and price
Creating value for all parties
Arguments, valid or fallacious: how do you respond?

Your teacher

Professeur

Laurent GHEERAERT is Professor of Finance and Accounting at the Solvay Brussels School of Economics and Management (Université Libre de Bruxelles) and Academic Director of the Master in Management of Banking and Finance, Hanoi, Vietnam.

Laurent has a Doctorate in Economics and Management and a CFA (Chartered Financial Analyst) at all levels

He is also Managing Director of the international QTEM network, ‘Analytics for a Better World’ (www.qtem.org)

He acts as an advisor to several public and private institutions, particularly in the valuation of projects or companies, financial management, financial modeling, financial intelligence, Islamic finance.

He is a former management consultant at McKinsey & Company (Brussels, Johannesburg, Dubai)