{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/8c560a52-84ff-4b06-b819-f4e9bd6e85ef/76447391-6b9f-4843-aa91-9cb6c4360974?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Tips & Tricks: Introduction to Valuation","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/6113c4e58b49030d2716f6e0/6113c5918ccb1a0014f0064a.png?height=200","description":"<p>Valuing a stock - for many people it is the hardest part of investing. How do you put a specific dollar value on a stock?</p><p>Both of us at Equity Mates have found this the most difficult part of learning to invest. So in this episode we break down what we've learnt over the past 3 years of this podcast.</p><p>In this episode you will learn:</p><ul><li>The different types of value investors talk about: enterprise value, book value and market value</li><li>The difference between relative valuation and absolute valuation</li><li>Different methods of relative valuation - price-to-earnings, price-to-sales and price-to-book</li><li>The theory about absolute valuation</li><li>Three methods of absolute valuation we won't be discussing (but you're welcome to Google if interested)</li><li>Discount cash flow (DCF) - what it means and what you need to know</li><li>Reverse DCF - a twist on your discount cash flow</li><li>The effect that changing your assumptions can have on your valuation (a.k.a why you need to take the price you get with a grain of salt)</li><li>Roger Montgomery's valuation method in his book Value.Able</li></ul><p><br></p><p>Resources Discussed:</p><ul><li><a href=\"https://equitymates.com/books/\" rel=\"noopener noreferrer\" target=\"_blank\">Equity Mates Reading List</a> - Including Value.Able by Roger Montgomery</li><li><a href=\"http://gurufocus.com/\" rel=\"noopener noreferrer\" target=\"_blank\">GuruFocus Website</a></li></ul><p><br></p><p>To get involved in the Equity Mates community - visit our socials and website <a href=\"https://linktr.ee/equitymates\" rel=\"noopener noreferrer\" target=\"_blank\">here</a>.</p><p>Equity Mates Investing Podcast is a part of the Diamantina Media Network - the home of Australia's favourite podcasts. For more information, visit <a href=\"http://diamantina.com.au/\" rel=\"noopener noreferrer\" target=\"_blank\">http://diamantina.com.au/</a></p>","author_name":"Equity Mates Media"}