SECURITY VALUATION
Using the Option Pricing Method
for Complex Capital Structures
18 May 2026
How can differences in contract terms for start-up funding instruments (preference shares) be reflected in their valuations? Using the Option Pricing Method approach to valuing complex capital structures.
How can the intrinsic value of a business be estimated? A three part series on DCF valuations (7 methods, WACC, TV structuring, tax shields) and multiples.
BUSINESS VALUATION
Business Valuation Series Parts 1-3
7 May 2026
Book
Articles
SECURITY VALUATION
Option Pricing
18 May 2026
A guide to option pricing models (with examples) including the Binomial Tree and Black-Scholes Models, and how they are used for Employee Stock Option recognition under IFRS.
A guide to convertible bonds, how they can be priced using option pricing models (with examples) and how they are recognised in the financial statements under IFRS.
SECURITY VALUATION
Convertible Bond Pricing
18 May 2026
How good is A.I. at building an Excel model? Two A.I. models (GPT 5.3 / Codex / OpenAI and Sonnet 4.6 / Claude / Anthropic, both released in February 2026) were prompted to build a Convertible bond pricing Excel model (see Appendix in the article ‘Security Valuation – Convertible Bond pricing’).
FINANCIAL MODELLING
Building an Excel Model with A.I.
18 May 2026
