 Chapter 1: Introduction

 1 Welcome 00:42

 2 Valuation Overview 13:26

 3 Trading Comps Overview 05:18

 4 PE & PEG Ratios 08:01

 5 P/B, EV/Rev, EV/EBIT, EV/EBITDA & Industry Multiples 10:45

 6 Comps Process & Simple Exercise 08:28

 7 Trading Comps FAQs & Common Misconceptions 07:46

 Chapter 2: Spreading EXTR

 8 Comps Screening 08:16

 9 Extreme Networks & Peer Group 07:01

 10 Comps Template Preview 09:54

 11 Modeling Exercise: Inputting General Info 09:45

 12 Shares Outstanding Overview 08:39

 13 Shares Outstanding – Options 07:02

 14 Shares Outstanding – Splits & Dual Classes 03:46

 15 Shares Outstanding – Convertible Preferred Stock 11:27

 16 Shares Outstanding – Convertible Debt 00:55

 17 Shares Outstanding – Convertible Exercise 11:12

 18 Shares Outstanding – Restricted Stock 02:48

 19 Modeling Exercise: Inputting Shares Data 06:04

 20 Modeling Exercise: Inputting Shares Data, Part 2 07:25

 21 Modeling Exercise: Inputting Historicals 03:08

 22 Modeling Exercise: Inputting Historicals, Part 2 04:56

 23 Modeling Exercise: Non-GAAP Adjustments 11:10

 24 Modeling Exercise: Non-GAAP Adjustments, Part 2 12:32

 25 Modeling Exercise: Non-GAAP Adjustments, Part 3 08:21

 26 Modeling Exercise: Non-GAAP Adjustments, Part 4 05:06

 27 Net Debt Concepts 04:30

 28 Modeling Exercise: Net Debt & Estimates 07:30

 29 Calendarization Concepts 02:44

 30 Modeling Exercise: Calendarization 11:12

 Chapter 3: Spreading BRCD

 31 Modeling Exercise: Inputting General & Shares Data 09:22

 32 Modeling Exercise: Inputting Financials 05:23

 33 Modeling Exercise: Non-GAAP Adjustments, Part 1 13:20

 34 Modeling Exercise: Non-GAAP Adjustments, Part 2 08:37

 35 Modeling Exercise: Calendarization, Net Debt & Estimates 06:20

 Chapter 4: Spreading JNPR

 36 Modeling Exercise: Inputting General & Shares Data 09:45

 37 Modeling Exercise: Inputting Financials & Non-GAAP Adjustments 11:25

 38 Modeling Exercise: Calendarization, Net Debt & Estimates 04:34

 Chapter 5: Spreading CSCO

 39 Modeling Exercise: Inputting General & Shares Data 06:42

 40 Modeling Exercise: Inputting Financials & Non-GAAP Adjustments 09:05

 41 Modeling Exercise: Net Debt & Estimates 06:14

 Presentation & Interpretation

 42 Modeling a Dynamic Comps Output Sheet, Part 1 17:22

 43 Modeling a Dynamic Comps Output Sheet, Part 2 09:18

 44 Modeling a Dynamic Comps Output Sheet, Part 3 06:55

 45 Building a Football Field Matrix 05:32

 ARUN & FFIV

 46 Exercise Introduction 00:41

 47 Exercise Review 12:29

 48 Conclusion 00:20

 Chapter 8: Appendix — GAAP to Non-GAAP Adjustments

 49 Introduction & Stock Based Compensation 05:46

 50 Nonrecurring Items Overview 04:30

 51 Unusual or Infrequent Items 04:16

 52 Non-GAAP Presentation on Financial Statements 07:35

 53 Normalizing Earnings Exercise, Part 1 11:47

 54 Normalizing Earnings Exercise, Part 2 09:25