Relative Value Equity Valuation Approaches

Free CFA Level I lesson in Equity Investments. 14 min read, ~2,101 words.

"explain the process for using multiples to value equity based on the method of comparables and the method of forecasted fundamentals; calculate and interpret price and enterprise value multiples, and describe their appropriate uses; determine a potential peer group for multiples-based equity valuation based on a company's industry classification or...

Read the full lesson, free →
Worked examples, audio narration, and practice. No signup to read.

What this lesson covers

Learning objectives

Browse all free CFA Level I lessons or jump into free CFA Level I practice questions.