I spent 24hrs putting together a DCF model on a $10 billion business and I documented each step I took. Why?

I want to better understand the airline industry landscape in preparation for the upcoming Virgin IPO. And I want to help candidates in my course sharpen up their modeling skills.

So I pored over 6 years of financials and two industry reports to put together a valuation of Australia's most well known airline.

Documenting every. single. step.

Now, I'm giving it to you for free.

The steps are split up into three buckets:

1️⃣ Industry Reports

2️⃣ Financial Info

3️⃣ DCF Model

This file will help you learn how to:

→ Read Financials

→ Build a DCF Model

→ Format like a banker

And you'll know what to expect when the Virgin IPO takes place in the coming months.

Find the Miro board I have used to help document the process here and download the excel file here: