
Become an expert at valuing publicly traded companies with the dividend discount model (DDM) stock valuation method.
The dividend discount model (DDM) offers the most direct approach to valuing equity through expected dividend streams.
The DDM calculates a company's intrinsic value by projecting future dividend payments and converting them to present value, accounting for both growth patterns and required returns.
This comprehensive course covers every aspect of DDM analysis, from the Zero-Growth DDM and Gordon Growth Model to advanced Two-Stage DDM, H-Model, and Three-Stage DDM scenarios.
I'm Fajasy, the founder of StableBread. My background includes studying finance and a career spanning equity research, venture capital, startups, and consulting.
StableBread is a value investing site dedicated to creating helpful content on security analysis, stock valuations, and portfolio management for the average retail investor.
We've published over 300,000 words to help retail investors understand fundamental-based value investing. Notably, we're the only website that has written extensively on every stock valuation method.
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Full HD 1080p video quality
Studio-Quality Audio
Professional sound quality
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Quickly navigate between different topics
Closed Captions
Human-reviewed English captions for accuracy
Searchable Captions
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Fast Video Cuts
No filler, straight to the point
Adjustable Speed
Learn at your own pace
Conversational Style
Clear explanations with limited technical jargon
Interactive Cursor
Focus on what's important on the screen
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All sales are final and we are unable to offer refunds, exchanges, or cancellations. Here's why:
Forever. You will have lifetime access to this course and all future updates.
This is a self-paced online course.
You'll receive priority support access with your course purchase.
For any questions, feedback, or suggestions about course content, I typically respond within 24 hours.
Basic Microsoft Excel knowledge is helpful, but not required.
All templates and examples are provided, so you won't need to build models from scratch.
The course includes financial modeling, but keeps it relatively straightforward.
This course provides an in-depth and comprehensive explanation of DDM stock valuation, containing ~6 hours of video content.
However, depending on the company you're valuing and/or your familiarity with the DDM model, you can skip certain sections.
For example, if you're already familiar with the cost of equity, you can save ~3 hours.
Still have questions? Just contact me!