16. The Finale
16.1 – The follies of DCF Analysis In this concluding chapter, we will discuss a few important topics that could significantly impact how you make...
15. Equity Research (Part 2)
15.1 – Getting started with the DCF Analysis We discussed “The Net Present Value (NPV)” in the previous chapter. NPV plays a vital role in...
14. DCF Primer
14.1 – The Stock Price In the previous chapter, we understood stage 1 and stage 2 of equity research. Stage 1 dealt with understanding the...
13. Equity Research (Part 1)
13.1 – What to expect? Having set the context in the previous chapter, we will now develop a methodology for conducting a ‘limited resource’ equity...
12. The Investment Due Diligence
12.1 – Taking stock Over the last few chapters, we understood how to read the financial statements and calculate a few important financial ratios. These...
11. The Financial Ratio Analysis (Part 3)
11.1 – The Valuation Ratio Valuation, in general, is the estimate of the ‘worth’ of something. In the context of investments, ‘something’ refers to the...
10. The Financial Ratio Analysis (Part 2)
10.1 – The Leverage Ratios We touched upon the topic of financial leverage while discussing Return on Equity and the DuPont analysis. The use of...
9. The Financial Ratio Analysis (Part 1)
9.1 – A note on Financial Ratios Over the last few chapters, we have understood how to read financial statements. We will now focus our...
8. The Cash Flow statement
8.1 – Overview The Cash flow statement is a significant financial statement, as it reveals how much cash the company is actually generating. Is this...
7. Understanding the Balance Sheet Statement (Part 2)
7.1 – The Assets side of Balance Sheet In the previous chapter, we looked at the liability side of the balance sheet in detail. We...