This document provides a fundamental analysis of Common Wealth Bank of Australia including SWOT analysis, free cash flow analysis, and cost of equity calculation. The SWOT analysis covers the strengths, weaknesses, opportunities, and threats of the bank. The free cash flow analysis is done using the formula FCFF: Net Income+ Interest Expenses-Tax Shield on Int. Expenses+ Non-Cash Expenses- Change in Working Capital- Capital Expenditure. The cost of equity is calculated using the Capital Asset pricing model.