Tutorial lessons
05 Equity Investments
Learn CFA Level 2 Equity Investments with tutorials on equity valuation, dividend discount models, free cash flow, valuation multiples, and private companies.
Lessons
Tutorial lessons
EQ 1 – Equity Valuation_ Applications and Processes
Study equity valuation applications and processes for CFA Level 2, covering intrinsic value, mispricing, valuation model selection, and equity research reports.
EQ 2 – Discounted Dividend Valuation
Study equity valuation applications and processes for CFA Level 2, covering intrinsic value, mispricing, valuation model selection, and equity research reports.
EQ 3 – Free Cash Flow Valuation
Learn free cash flow valuation for CFA Level 2 with worked examples on FCFF, FCFE, WACC, growth forecasts, terminal value, and equity valuation models.
EQ 4 – Market-Based Valuation_ Price and Enterprise Value Multiples
Study market-based valuation for CFA Level 2, covering P/E, P/B, P/S, cash flow and enterprise value multiples, comparables, and justified valuations.
EQ 5 – Residual Income Valuation
Learn residual income valuation for CFA Level 2 with worked examples on equity charges, book value, clean surplus accounting, and multistage valuation models.
EQ 6 – Private Company Valuation
Study private company valuation for CFA Level 2, covering valuation methods, normalized earnings, discount rates, control premiums, and marketability discounts.