This monograph addresses equity (enterprise) valuation and aims to provide practical tools for investors and financial analysts. We initially focus on an all-equity firm and adopt an approach to valuation similar to that carried out by fundamental analysts, attributing a market value of equity to the reported accounting values of equity, along with forecasts of future earnings and growth. It attempts to forecast future earnings, estimate intrinsic values, and derive a proxy for expected returns within a unified framework. It offers indicators of temporary mispricing and expected returns to investors in real-time.