Kategoria BISAC: Business & Economics >> Corporate Finance - Valuation

In order to be a successful CEO, corporate strategist, or analyst, understanding the valuation process is a necessity. The second edition of Damodaran on Valuation stands out as the most reliable book for...

Covers the key areas of valuation, from EVA and the importance of discounted cashflows to the disharmony in international accounting standards and valuing knowledge-based assets

Examples and lessons from some of the world's most successful businesses, including News Corporation, Genentech and Nokia, and ideas from the smartest thinkers, including Warren Buffett, Baruch Lev, Joel Stern, Alfred Steinherr and Peter Drucker

Includes a glossary of key concepts and a comprehensive resources guide

The market approach aims to establish the value of a company based on how similar firms are priced on the stock exchange or through company transactions. Using the market approach, price-related indicators such as price to earnings, sales and book values are utilised. An ever-present problem however, is that different valuation multiples and valuation methodologies tend to provide the analyst with contradictory outputs. The solution to this problem so far has been to claim that the market approach is more art than science, thus providing the analyst with the freedom to alter the multiples...

Corporate Valuation presents the most up-to-date tools and techniques for more accurate valuation in a highly volatile, globalized, and risky business environment. This insightful guide takes a multidisciplinary approach, considering both accounting and financial principles, with a practical focus that uses case studies and numerical examples to illustrate major concepts. Readers are walked through a map of the valuation approaches proven most effective post-crisis, with explicit guidance toward...