Lucas S. Macoris
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Valuation


About the course

This is a hands-on, applied course on Valuation designed for professional master’s students in management. The course bridges theory and practice, equipping students with the essential tools to assess company value in a variety of settings. Students will explore the core concepts and methodologies used in valuation, developing the ability to critically analyze corporate performance, investment opportunities, and strategic decisions.

The course will be structured around topics that are highly relevant to management professionals, including: introduction to valuation principles, relative valuation, discounted cash flow (DCF) analysis, the role of leverage in valuation, managing project uncertainty, equity valuation techniques, and valuation in mergers and acquisitions. As a final deliverable, students will complete a capstone project applying one or more of these valuation methods to a real-world company or transaction.

For students

Below you find the persistent links to all lectures of the course. As they are continuously updated with fixes and new implementations, you might expect some changes from time to time in the contents of each file.

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Title Reading Time
Course Introduction 7 min
Equity Valuation and Simulation 44 min
Relative Valuation 5 min
The Discounted Cash Flow Method 19 min
Valuation with Leverage 31 min
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Copyright 2025, Lucas Macoris. Photography by Juliana Rizieri.

 
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