Waddle Street
Programs
  • All programs
  • Insight programs
  • What changed
  • Competitions
Networking
  • Contacts
  • Find people
  • Write a note
Prep
  • Learn
  • Drills
  • My answers
  • Markets
  • Resume review
  • Resources
Industries
  • Overview
  • Find your fit
  • Guides
Waddle Street
LearnDrillsMy answersMarketsResume reviewResources

Learn

Learn/Accounting and valuation for the buy side
LearnAccounting and valuation for the buy side

0 of 7 lessons, sign in to save

B Basic

  • Reading the statements as an owner9m
  • Earnings quality and cash conversionPro10m
  • Returns on capitalPro10m

A Advanced

  • Choosing the right multiplePro11m
  • Normalized earnings through a cyclePro10m
  • Reverse DCF: what the price impliesPro11m
  • Capital allocation and per share valuePro12m
  • FlashcardsPro0/20
  • Basic quizPro80% passes
  • Advanced quizPro80% passes
  • Terms

Capital allocation and per share value

Over a long hold, what management does with free cash flow matters as much as how much it generates. Reinvestment, acquisitions, dividends, and buybacks each help or hurt owners depending on price and return.

This lesson is Pro

All 7 lessons in Accounting and valuation for the buy side, with checks as you read, two quizzes, and flashcards.

The first lesson of every track stays free.

Read the free first lesson

7 days of Pro. No card, nothing to cancel.