M&A Free Cash Flow Modeling for Corporate Valuation

Evaluating a target company's true value is the cornerstone of successful mergers and acquisitions. This course guides you through the fundamental principles of Free Cash Flow (FCF) modeling, helping you assess financial performance and identify viable acquisition opportunities with confidence. You will transition from understanding basic financial statements to drafting structured cash flow projections. Through clear written explanations, practical formulas, and step-by-step calculations, you will master the mechanics of valuation used by corporate finance professionals. What you'll learn: * Understand the core components of Free Cash Flow to Firm (FCFF) and Free Cash Flow to Equity (FCFE). * Calculate net operating profit after tax, working capital adjustments, and capital expenditures. * Build structured forecasting assumptions based on historical financial performance. * Apply modern scenario analysis to test valuation sensitivity under different market conditions. * Evaluate acquisition targets using discounted cash flow metrics. * Interpret modeling outputs to support strategic corporate decision-making. The course begins with essential financial terminology and foundational accounting concepts before moving into structured forecasting techniques and valuation scenarios. You will practice through written exercises designed to build your analytical confidence. This course is designed for aspiring financial analysts, business students, and professionals transitioning into corporate development or investment banking. No prior modeling experience is required. Start reading today to build the foundational skills needed to analyze and value business acquisitions.