Workshop for capital market professionals

The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) with Amba Research Training will conduct a valuation boot camp covering global best practices in relative valuation and absolute valuation for capital market professionals this month.

The workshop which will be held on July 27 and 28 at CA Sri Lanka, will focus on best practices in relative valuation and absolute valuation including techniques used in sum-of-the-parts (SoTP) valuation which are relevant for professionals such as research analysts, research managers and heads of research, investment analysts, portfolio managers, treasury analysts, corporate finance analysts and corporate finance managers.

During the workshop, participants could deepen their understanding by using real life case studies, while gaining insight into the application of valuation theory in a Sri Lankan context.

The workshop will be conducted by an training panel from Amba Research including its Country Head and Director, Chanakya Dissanayake, Senior Vice President and Global Head of Training and Knowledge Management, Aruna Perera, Vice President and Head of Training, Sarah Yusuf and Vice President Asanka Herath, who will cover a thought provoking outline including multiple case studies of leading Sri Lankan companies including Odel, Laugfs holdings and AHPL.

During the two-day program, participants will be given a thorough education on relative valuation analysis, adjusting valuation multiples for relatives, differences in risk and growth expectations, guidance on selecting appropriate peers, adjusting EV for non-operation investments, while focus will be drawn to SoTP valuation and how to value voting and non-voting shares.

The panel will also educate capital market professionals on how to avoid common mistakes in estimating terminal growth among many other areas which will be covered during the workshop.