A. Stotz Academy

Foundation Package

Finance Made Ridiculously Simple

We ensure that you know the necessary accounting, how to read financial statements, and how it all relates to business. Besides, you will also learn global benchmarks of financial performance, e.g., the average net margin of all companies in the world.

Module 1

You will familiarize yourself with the ValueModel (which uniquely enables you to value any company in the world) and learn to recognize common valuation mistakes. You will gain a strong understanding of financial statements, forecasting, and valuation.

Get access to valuation tools used by real institutions

• Master balance sheet and income statement forecasts
• Be able to calculate financial ratios
• Apply absolute and relative valuation methods
• Decide which valuation method is suitable in different settings
• Determine the target price of a company

Module 2

You will value and do forecasts for 3 companies from different sectors, industries, and countries using the ValueModel, and learn how to decompose revenue into its key drivers. You will have reached an intermediate level of understanding of forecasting, valuation, and research.  

• Create a detailed revenue breakdown
• Value assigned companies from different industries
• Review industry analysis using Porter's Five Forces
• Learn the most common valuation mistakes and how to avoid them

Professional Package

Module 3

You will value 2 companies from different sectors, industries, and countries, along with 1 company of your choice. You will learn how to assess a company's financial performance in a global context and to evaluate a company's competitive position. Besides, you will start working on your final valuation report project.

You will prove your valuation skills by valuing young companies in new industries and situations. The connection between real business and valuation will become evident. 

• Benchmark companies against their peers
• Learn advanced topics in forecasting and valuation
• Value companies of your choice

Module 4

You will value 2 companies from different sectors, industries, and countries, along with 1 company of your choice. The work on your final valuation report project continues. Also, you will evaluate and give feedback on valuations done by 5 junior students.

In addition, you will learn how to evaluate a stock's investment attractiveness considering Fundamentals, Valuation, Momentum, and Risk (FVMR), and be taught the A. Stotz Investment Research 9 Point Stock Picking Checklist.

You will acquire immense practical experience in valuing companies, deepen your knowledge of specialized topics, and learn how to identify weak points in others' research. 

• Assess a company's investment attractiveness
• Address environmental, social, and corporate governance (ESG)

Module 5

You will value 2 companies from different sectors, industries, and countries and evaluate and give feedback on valuations done by 5 junior students. You will also analyze the ESG aspects of a company.

In preparation for the presentation of your final valuation report project, you will learn how to structure the story behind your assumptions and how to bring excitement to your presentation.

You will finalize your final valuation report project, present it to Dr. Stotz, and defend your buy/sell recommendation.

• Write an original research report
• Learn how to make an impactful presentation

Congratulations, you have become a Valuation Expert! At this point, you have developed the ability to produce world-class equity research. Though you should never stop learning, you are now equipped to continue developing on your own. Of course, our team will always support a Valuation Expert if needed! At this point, Dr. Stotz would love to help you get your dream job!