- 4 - Investment criteria and decisions
- 5 – Company Valuation and Financing
The " Company Valuation and Financing "is the fifth of six modules in the 'Finance for managers' programme in Luxembourg.
The French version will be taught from May to November 2025.
Company Valuation and Financing : module 5/6 - 2 days
French
24 and 25 April 2025
13 and 14 October 2025
Luxembourg City
20 participants max.
1.600 € EXCL. VAT
1,648 € INCL. VAT
VAT rate : 3%
Objectives
Company Valuation and Financing
- 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)
Company Valuation and Financing
Content | Company Valuation and Financing
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
Negotiations
- The difference between value and price
- Creating value for all parties
- Arguments, valid or fallacious: how do you respond?
Company Valuation and Financing
Your teacher
Laurent Gheeraert
- 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 in Hanoi
- Doctorate in Economics and Management Science
- Advisor to a number of public and private institutions
- Managing Director of the QTEM international network and the Master in Management of Banking and Finance, Hanoi, Vietnam
- Former management consultant at McKinsey & Company
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 PhD in Economics and Management and is 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 advises a number of public and private institutions, notably on project and company valuation, financial management, financial modelling, financial intelligence and Islamic finance.
Former management consultant at McKinsey & Company (Brussels, Johannesburg, Dubai)
Company Valuation and Financing: Register Now
Next dates in French and in Luxembourg:
- 24 and 25 April 2025
- 13 and 14 October 2025
<- Previous module :
4- Investment criteria and decisions
- Make informed investment decisions.
- Find out how to compare projects and choose the most profitable ones for your business.
-> Next module:
- Prepare your business purchase with peace of mind.
- Understand the key stages of an acquisition by making technical terms accessible.
- Identify the optimal acquisition structure and its financial and tax implications.
- Choose the best price formula by moving from a valuation to a transfer price.
- Determine the ideal financing options to minimise your own contribution.
- Understand the tax implications and master the protective clauses of the transfer contract.