Decoding EBITDA | EBITDA Analysis | Adjusted EBITDA

Hey, This is our first session in a series of FINANCE MASTERCLASS. By the end of this session, you could decode EBITDA along with practical case studies.
The following topics are covered in detail.
✅ What is EBITDA?
✅ Why is EBITDA important?
✅ What is the importance of the CFO/EBITDA Ratio?
✅ How to analyze CFO/EBITDA Ratio?
✅ What is ADJUSTED EBITDA?
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[@Nishank138]

I feel no one is here, Who provides such a insightful session absolutely free of cost Hats off to your good deed bro.

[@thevaluationschool]

God is graceful on us :)

[@adwayduttagupta9887]

@@thevaluationschool From 45:00 to 57:00, the screen is not visible. PLEASEEEEE HELPPPPPP!

[@RMKserve]

Throughout your every video you attracted the full attention of your students. It seems birds are sitting on heads and if we move birds will fly. Super attractive attention ❤

[@BusinessandFinance89]

Seen several Videos on EBITDA. This is one of the best explanations of EBITDA I have come across. Marvellous.

[@harshtilokchandani5179]

Sir as a c/a aspirant i can perfectly relate to this You shared knowledge of taxation+law (accounting standards )+ costing

[@susheelkumartrivedi1603]

Hello sir, I am new student, Just started your financial modeling playlist, now one second video it is easy to understand.

[@tanujasingh8124]

this is truly the best you tube channel for finance thanks a lot sir for this initative plz keep bringing these content

[@Are_U_Wise]

You explain things with so much depth and in the simplest way possible! Thankyou so much 😊

[@gauravgupta23]

FANTASTIC. Great Quality of your own knowledge and explanation. Thanks a lot.

[@darshandeshmukh4898]

Thanks sir I appreciate your work u giving such wonderful knowledge in free. Thanks a lot sir

[@Harsh10111]

I was waiting for this lecture for a long time

[@vaibhavnigamm]

Adjusted EBITDA provides a clearer picture of their operating performance by excluding certain expenses that are not directly related to their core business operations (For example, Adjusted EBITDA in the retail sector may exclude rent expenses to get a clearer picture). This metric allows for easier comparisons between companies in the same industry or sector. Companies may engage in window dressing by selectively adjusting their EBITDA calculation to make their financial performance appear better than it is. For example: Zomato’s adjusted EBITDA (EBITDA + share-based payment expense) is Rs. -9.7B (adding back 8.8B ESOP expense) in FY22 compared to EBITDA of -18.5B. This improves EBITDA by ~48%

[@manojkarnawat3682]

Sir, I really like your way of teaching. All the videos I have watched so far have been great, and if a teacher like you teaches, no student will get low marks. That's why I love your teaching style, and you are brilliant. Thanks for sharing your knowledge. thank you so much. 😊😊😊

[@SahilKumar.05]

Great way of teaching and easy to learning

[@snehajain-kp1xq]

simply you are from heaven sir

[@akashdeepdhiman6775]

Great session sir 👍 now EBITDA is much clear to me

[@souravagarwal8905]

Gyaan ka Daan is sarvoch Daan Very well explained

[@govindgoel2442]

Really love the session keep coming with this kind of videos.

[@Shubhamkumar-fr9hl]

Great session,we need more sessions like this🔥🔥🔥

[@rocky4695]

what a session hats off to you man you made finance intresting with the way of your teaching keep it up

[@CARutuja]

Very insightful Thanksss for such great knowledge sharing. 😊

[@shankarsangle8343]

Always Great My Guru 😊

[@dishashah8936]

Thank you so much Sir! It is a power pack session!!

[@RajlaxmiVidhate]

from 45:00 it's difficult to understand as the screen is not of the screener app.

[@ayushibajaj9438]

same

[@studentsfoundationtutorial5939]

Although I am from Science background but I understand your content very well. Thank you so much. You are a big Inspiration.

[@sujeetbehera8772]

Great doubt cleared 🤗🤗 thank you

[@geeky_dr]

Excellent video

[@user-jq7pf2np5t]

Your videos are really very helpful please make a video onDoPont analysis

[@padamvlogss]

What a video sir please more such session

[@vanshdhingra2203]

Excellent Session❤

[@dipanshijain424]

great session

[@waqasiqbal1652]

loved this session. thoroughly insightful. Guys this is where where you can learn even better than FMVA program offered by Corporate Finance Institute.

[@vaibhavchaudhari5597]

100% true

[@mihirvaghela8170]

Thank you very much sir

[@siddharthksr]

Complete series on "Finance for Non-Finance Professional" pleaseee🙏🙏 We also want to pursue TOP PROFESSIONAL COURSES in Finance Domain ...

[@deepshah1221]

12:55 IND AS is based on IRFS and not GAAP, beside that it was a wonderful session.

[@samurai_jack387]

Free cash to the Firm and free cash flow to the equity for Pharma sector. In detail if you can explain the whole session it would be highly beneficial for the corporate employees.

[@Nikhiljunejaa21]

Thank you so much

[@fayyazabidi1568]

Nice sir. Every topic much helpfu from Karachi pakistan

[@223sanketyeole4]

Sir please make one video or a series on how to start doing fundamentals analysis from basic to advance or refer some good books..

[@lakshyanaredi3166]

Thank you sir ❤

[@piyushkumarsingh2986]

Well, there was a time when I couldn't figure out the screener process but could quickly drive my own just by listing. Again thanks for sharing such valuable content. One more request Do share some valuable tools and links for finance enthusiast students.

[@ayushnautiyal1294]

Zomato's adjusted EBITDA is defined as the sum of EBITDA, minus rentals paid, and plus share-based compensation expenses.Zomato wants to increase their adjusted ebida.Adjusted EBITDA is a metric that many tech companies use even as each one of them defines it differently. Typically, costs that are not considered operational for the business such as employee stock option expenses are kept out of it.

[@aryanghonge7595]

Fabulous sir

[@amitsingh-be6me]

Very helpful.. 😊

[@nitikbadjatya]

great

[@RaviRaj-wc9nc]

Very helpful session

[@Aryan-bz8kb]

You are my true mentor sir. I am learning a lot from you. It is my dream to meet you one day and show my regards. I am typing this at 4 am when everyone in hostel has slept. These are utmost pure words and feelings from my heart

[@thevaluationschool]

So nice of you Aryan. All the best ❤️

[@jugeshkumarkumar3140]

nice man..

[@veergupta911]

MAKE more video like this i highly appreatiate you thank you so much

[@LindyBoy]

Sir please..Provisional, Budgeting & forecasting ke pura details yese hi.. Karr dijye na.

[@MarketandMarketing]

Hello bro , mene abhi aapka video dekha , sach me bhut acha bnaya "how to decode the EBITDA" , Ye video 1 year baad bhi relevant hai , mene kabhi itna pratical video nhi dekha jha par concept ko full explain kiya jata hai with good and simple example and baad me usko withpratical annula report me decode kark sikhya jata hai , muje aapse ek help chahiye ki muje annual report padni sikhni hai , kahi baar try kiya kahi video bhi dekhe par smj nhi aaya , jabki me kudh commerce ka student hu and accounting ka bhi idea hai par jo terminology ye annual report me used karte hai , kahi baar sar ke upper se chali jati hai, kya aap esa session rakh skte hai jha par company ki annual reports ko full live decode kare , aur hum usko do point of view se analysis kare , ek businessman and ek investor point of views.

[@tanishqtaparia3229]

Boom

[@prashantsachwani2469]

can you please make one video on full adjustments on EBITDA?

[@piecatch]

Parth, you're a passionate tutor. glad to find you online 💪

[@thevaluationschool]

I appreciate that!

[@brainstormingwithyash5603]

pls make a video on adjusted EBITDA:)

[@raviarora2609]

❤❤❤❤

[@devikashah4924]

❤❤

[@purnimasharma2906]

👍👍

[@chaos._tude]

BOOM

[@Mad1080]

Kindly request you to prepare an Fp&A responsibilities from Scratch.

[@pranavwaghe7840]

yes

[@oa-level-mathematics]

August !!!! Respected sir !!!!!

[@agarwallstreet]

What writing pad do you use while recording your videos? Thanks

[@Luthrahrsh]

very Detailed and quality content sir. Made complete notes. thank u. #Worth watch. CA ban gye but EBITDA ki aisi understanding nahi thi, it seems real journey has now started!

[@WARLAND-gq8ox]

Bhai jaldi jaldi upload karo series ko.

[@Sachinkwatravlogs]

Bahut accha session tha sir ..

[@pranavwaghe7840]

chal jhoote

[@siddhantrajput20]

Big Fan of you sir ❤❤

[@thevaluationschool]

God is graceful:)

[@siddhantrajput20]

Sir, Will you write any book on Finance ?

[@sainyamsharma1341]

But if we are deducting provisions or ESOP in calculating EBITDA then how can we call it a cash operating profit since ESOP and provisions are non cash expenses deducted from the gross profit.

[@sharemarketguru1579]

SIR CAN U MAKE VIDEO ON CASHFLOW AND HOW TO CALCULATE AND ANALYSE OCF

[@ayushibajaj9438]

sir atter a certain point of time on screen we cant see screener speciallly when you created that new ratio

[@pen.X.Spinner]

Sir meri ek request hai please sir make a full on video on basic finance learning or foundation finance In which you will tell us about all the Financial terms and concepts which are basic and foundational and we need to know and after watching that video of your and then after practicing and learning it we will be able to develop our basic base or we can say foundation in finance so that we can move on to develop intermediate or advanced skills or you can also just make a short video and just tell that what are the things that we should need to know and then we will search it out learn it from other sources and like that i am just requesting it if you feel like then it will be a great help

[@MukeshChanalya]

Sir. file presented in the video is not attached here. Please help in sharing, Its really helpful. Thanks.

[@TAUFIQ7322]

sir fundamental analysis pe master class conduct kijiye

[@yashusoni9708]

Screen which parth sir is showing is not coming only his voice is available not the shared screen

[@Ifti626]

Sir, I am a international audience of yours, though i understand hindi but i am poor in some regional hindi words. Its my humble request to explain those terms properly in future videos.

[@OmkarPatil-vy9pi]

can anyone explain exceptional item is written as ADD but in No it is Minus of zomato reconcelliation

[@sushil6509]

Sir where can i find all these slides??? Cant find it on the whatsapp group im in

[@LKOSAa]

Adjusted EBITDA: Loss for the year, adjusted to exclude (i) other income; (ii) depreciation and amortization expenses; (iii) finance costs; (iv) tax expense; (v) exceptional items; and (vi) share based payment expense. Adjusted EBITDA Defined as EBITDA + share-based payment expense

[@Healer-of-the-Ages]

WhatsApp group is full, please send another link for joining

[@manjunathachar1108]

After 1:04:00 screen is not available?

[@shrinivasgirnar4593]

Sir pls provide the PPT used in the lecture

[@shivsankaryadav653]

Sir as u said in the starting of video ki "video quality girre problem nhi h but content quality nhi girna chahiye".....but unfortunately from 45:18 content quality drops😅 because of not sharing the screen of screener and annual report.Ap bs bolrhe h toh thori dikkat hui without visuals. 1hr video tk bhi thik tha bt uske baad se thori pareshani horhi h.

[@thevaluationschool]

Yes, there was a glitch. Its now sorted for future sessions

[@sourabhdudeja-qx5eo]

@@thevaluationschool Sir could you please provide us the zoom recording , It's a humble request

[@Nikhiljunejaa21]

sir please share the other wp link, the group is full.

[@divyarastogi3020]

Long term interest

[@vishalkhurana8678]

WhatsApp group is full Is there another group?

[@Investtodayforbettertomorrow]

Indore meetup sir please ❤

[@Harsh10111]

Yes

[@user-rp6lj9lx5f]

Sir half video mai aapka baas face aaraha hai

[@biobharat]

😢

[@animeshpaul4709]

Can you please share the slide

[@bhushansurana4926]

Sir how do we connect with you?

[@surajsharma8557]

Zomato Adjusted EBITDA - Zomato ESOP Adjusted EBITDA is done because 85% Zomato ESOP is one time grant to funders and which was ahead of IPO.Zomato is no longer startup which rely on ESOP hence new grants are declining rapidly and existing pool is sufficient for many years. Further more if ESOP may require it need over 75% shareholder approval and shareholder are not in favor of ESOP for near future. Other companies with adjusted EBITDA OYO PB FINTECH PAYTM DELHIVERY

[@IftekharAnsari-md8xs]

whatsapp link is not working

[@ashishshah2442]

Not able to join whatsapp grp

[@deepakgaikwad4353]

Couldn't able to join what's up group

[@blankspace1151]

In zomato- adjusted ebitda is = ebitda + esops Other companies which uses Adjusted EBITDA- Paytm Car trade tech ltd Delhivery Ltd Tracxn Technology In all these companies they have used adjusted ebitda. [adjusted ebitda = ebitda + esops] Company's point of view - that ESOPs do not have a direct impact on operating performance as they do not entail any actual cash outlay from the company, hence ESOPS should be treated as non cash items. These things are done by companies to reduce volatility, to normalise EBITDA and provide more consistent numbers.

[@jayjirawalaparshwanath]

WhatsApp group link expired

[@muhdsahal9544]

sir cant see the screen after 45:00 mnt

[@abusufiyanmansuri5675]

Your linkedin cohort link take us to the Equity research payment page. That needs to be fixed

[@thevaluationschool]

Corrected now

[@mani95goel]

Could anyone please provide me the ppt

[@cashikharbhargava1513]

From 45:00 to 57:00, the screen is not visible

[@alkeshmehta8703]

Isn't stock compensation expense/ ESOP expense non cash .So it shouldn't be part of EBITDA

[@allabouthuskies.9213]

Sir aapki video 1 year k baad dekhra rha hu but i feel i would have woke 1 year back🥹

[@thevaluationschool]

Better late than never buddy!