IlluminatePWR Logo IlluminatePWR
CFA Approved
ACCA Recognized
Est. 2018

Financial Valuation That Actually Makes Sense

Most analysts struggle because they're taught formulas without context. We show you how real companies get valued — not just how textbooks say they should be. Starting September 2025, our program covers DCF modeling, comparable analysis, and the judgment calls that separate good valuations from mediocre ones.

You'll work through actual case studies from emerging markets. Not hypothetical scenarios — real businesses with messy financials and complicated stories.

Explore Program Details
Financial analyst reviewing valuation models and spreadsheets

Six Techniques You'll Actually Use

We focus on methods that matter in 2025. Skip the outdated approaches and build skills around what investment banks, PE firms, and corporate finance teams rely on every day.

Discounted Cash Flow Analysis

Build DCF models from scratch. We'll walk through revenue projections, expense forecasting, and terminal value calculations. Then you'll learn when DCF makes sense and when it doesn't — because context matters more than formulas.

Trading Comparables

Find the right peer group and adjust for differences. Most people pick terrible comparables — we teach you how to spot that and build defensible multiples.

Transaction Multiples

Understand control premiums and deal context. Precedent transactions tell a story about how markets value specific assets — you'll learn to read between the lines.

Asset-Based Valuation

When companies hold significant tangible assets or trade below book value, this approach becomes critical. Real estate holdings, inventory writedowns, and liquidation scenarios all require different thinking.

LBO Analysis

Model leveraged buyouts to understand what private equity sees. Returns depend on debt structure, exit timing, and operational improvements — not just purchase price.

Sum-of-the-Parts

Value conglomerates by breaking them down. Different business units deserve different multiples — this method forces you to think segment by segment.

Work With Real Market Data

We pull financials from Vietnamese companies, regional banks, and Southeast Asian transactions. You'll see how currency fluctuations, regulatory changes, and market volatility affect valuations in practice.

Each case study includes actual investor presentations and analyst reports. You'll compare your work against what professionals published — and understand where they made trade-offs or judgment calls.

Detailed financial charts and market analysis on computer screens

Learn From Linh Trang Hoang

Linh spent eight years in equity research covering industrial and consumer companies across Asia. She's valued everything from construction firms to retail chains — and she'll show you the shortcuts and sanity checks analysts actually use.

Her sessions focus on building models quickly without sacrificing accuracy. You'll learn where precision matters and where rough estimates work just fine. That balance takes experience to develop.

Linh Trang Hoang presenting financial analysis to students

How The Program Works

Twelve weeks starting September 2025. Two evening sessions per week, plus weekend workshops where you'll build models and review peer work. Expect to spend 8-10 hours weekly on assignments and case prep.

01

Foundations

Financial statement analysis and accounting fundamentals. We'll make sure everyone understands balance sheets, income statements, and cash flow before moving forward.

02

Core Methods

Build DCF models and comparable company analyses. You'll value three different businesses using multiple approaches to see how results vary.

03

Advanced Applications

LBO modeling, merger analysis, and restructuring scenarios. These weeks involve longer case studies with incomplete information — just like real projects.

04

Capstone Project

Pick a public company and build a full valuation report. Present your findings to the group and defend your assumptions. This becomes a portfolio piece.

Why Valuation Skills Matter More Now

Capital markets in Southeast Asia are evolving quickly. More IPOs, more cross-border deals, and more scrutiny on pricing. Analysts who can justify their numbers with clear logic and solid models stand out.

Whether you're advising on acquisitions, building investment theses, or evaluating portfolio companies — valuation discipline matters. It's not about perfect precision. It's about building frameworks that help you make better decisions when information is incomplete.

"The program helped me move from basic spreadsheet work to building models I could actually present to senior management. Linh's feedback was direct and practical — exactly what I needed."

Applications for our September 2025 cohort open in June. We keep groups small to allow detailed feedback on your work. If you're serious about developing these skills, reach out with questions or review the full curriculum.

Get In Touch
Professional valuation workshop with financial analysts collaborating