Capital Markets & Equity Research
From Financial Statements to Company Valuation and Equity Research
30
Lessons
2h 38m
Total time
Self-paced
Format
₹999
Real deliverables, not just watched videos.
You will learn to:
- Explain how capital markets connect companies that need capital with investors who have it, and the difference between primary and secondary markets
- Describe a company’s business model in terms of its segments, revenue drivers and cost drivers before analysing a single number
- Read a full income statement, balance sheet and cash flow statement line by line, and explain what each line represents
- Calculate and interpret profitability, liquidity, leverage, cash-conversion and earnings-quality ratios, and track their trend across five years
- Build a driver-based financial forecast, extending a historical model into a forecast income statement, balance sheet and cash flow statement
- Calculate free cash flow to the firm (FCFF) and explain every term in the formula
- Build a company’s WACC from its components: cost of equity via CAPM, post-tax cost of debt and capital-structure weights
- Build a full discounted cash flow valuation, including terminal value, and correctly bridge enterprise value to equity value and value per share
- Build and read a two-variable sensitivity table, and cross-check a DCF result against comparable-company multiples
- Explain why a bounded valuation range with stated assumptions is more honest than a single point estimate
- Explain diversification, concentration risk and benchmarking, and how single-company research fits into a portfolio decision
- Write a specific, falsifiable investment thesis that states supporting evidence, contrary evidence, and what would change your mind
- Assemble a complete, professional equity research report from company overview through to a defensible valuation conclusion
A structured learning roadmap.
8 modules · 30 lessons · 2h 38m total
- Welcome to Capital Markets & Equity ResearchFree preview11m
- What Equity Research Analysts Actually Do4m
- How Capital Markets Connect Companies and Investors5m
- Equities, Bonds, Funds, ETFs and Other Securities4m
- Exchanges, Brokers, Depositories and Clearing Corporations4m
- Orders, Trading, Clearing, Settlement and Demat5m
- Corporate Actions and Investor Protection5m
- Understanding a Company's Business Model and Industry4m
- How to Read an Annual Report and Company Disclosures4m
- Reading the Income Statement5m
- Reading the Balance Sheet and Cash Flow Statement4m
- Revenue Growth, Margins and Profitability4m
- Liquidity, Leverage and Debt-Service Measures4m
- Working Capital and Cash Conversion3m
- Earnings Quality, Red Flags and Analytical Checks3m
- Building the Historical Financial Model3m
- Forecasting Revenue, Costs and Operating Drivers6m
- Forecasting Financial Statements and Free Cash Flow7m
- Scenario Analysis, Sensitivity and Model Controls6m
- Valuation Fundamentals: Price Versus Value6m
- Comparable Companies and Valuation Multiples6m
- Discounted Cash Flow: Forecasting Free Cash Flow7m
- Discount Rates, Terminal Value and Enterprise-to-Equity Bridge8m
- Valuation Range, Sensitivities and Cross-Checks7m
- Share-Price History, Volume and Market Risk5m
- Portfolio Fundamentals, Diversification and Benchmarking5m
- Research Ethics, Responsible AI and Regulatory Boundaries6m
- Structuring a Professional Equity Research Report5m
- Building a Research Thesis and Explaining the Valuation6m
- Final Project: Produce the Complete Equity Research Report6m
a complete financial model for one fictional company, built from the ground up.
You work through one running case, Nivara Consumer Products Limited, using five years of financial statements, a peer-comparison dataset, a share-price history and a full forecasting and valuation model, all built from the same reconciled dataset as the videos. The company and every figure are fictional and used only for teaching.
Proof you actually learned it.
40
Exam questions
45 min
Time limit
70%
Passing score
3
Attempts allowed
A practical assessment, a downloadable workbook with defined tasks, is submitted alongside the graded exam before a certificate is issued.
On completion, Eduints issues a verifiable PDF certificate with a QR code confirming your completion and assessment score. It confirms course completion. It is not a university degree, government licence or professional accreditation.
This course is for educational purposes only. The company, financial figures, peer information and simulated market prices used in the case study are fictional and are not actual investment research. Valuation outputs are estimates based on stated assumptions, not guarantees of market prices or investment returns. Nothing in this course constitutes personalised investment advice, a securities recommendation or a solicitation to buy or sell any security. Check current official sources for applicable laws, regulations and market procedures.
Before you enroll
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