000 04074nam a2200289Ia 4500
001 2134
008 230305s2012 xx 000 0 und d
020 _a9781118130735
040 _cTBS
041 _aeng
043 _aen_UK
245 0 _aInvestment valuation (2012, 3rd ed.)
250 _a3rd ed
260 _bWiley,
_c2012
300 _a974p. ; 25 cm
505 _aIntroduction to Valuation ---- Approaches to Valuation ---- Understanding Financial Statements ---- The Basics of Risk ---- Option Pricing Theory and Models ---- Market Efficiency-Definition, Tests, and Evidence ---- Riskless Rates and Risk Premiums ---- Estimating Risk Parameters and Costs of Financing ---- Measuring Earnings ---- From Earnings to Cash Flows ---- Estimating Growth ---- Closure in Valuation: Estimating Terminal Value ---- Dividend Discount Models ---- Free Cash Flow to Equity Discount Models ---- Firm Valuation: Cost of Capital and Adjusted Present Value Approaches ---- Estimating Equity Value per Share ---- Fundamental Principles of Relative Valuation ---- Earnings Multiples ---- Book Value Multiples ---- Revenue Multiples and Sector-Specific Multiples ---- Valuing Financial Service Firms ---- Valuing Firms with Negative or Abnormal Earnings ---- Valuing Young or Start-Up Firms ---- Valuing Private Firms ---- Aquisitions and Takeovers ---- Valuing Real Estate ---- Valuing Other Assets ---- The Option to Delay and Valuation Implications ---- The Options to Expand and to Abandon: Valuation Implications ---- Valuing Equity in Distressed Firms ---- Value Enhancement: A Discounted Cash Flow Valuation Framework ---- Value Enhancement: Economic Value Added, Cash Flow Return on Investment, and Other Tools ---- Probabilistic Approaches in Valuation: Scenario Analysis, Decision Trees, and Simulations.
520 _aThe definitive source of information on all topics related to investment valuation tools and techniquesValuation is at the heart of any investment decision, whether that decision is buy, sell or hold. But the pricing of many assets has become a more complex task in modern markets, especially after the recent financial crisis. In order to be successful at this endeavor, you must have a firm understanding of the proper valuation techniques. One valuation book stands out as withstanding the test of time among investors and students of financial markets, Aswath Damodaran's Investment Valuation. Now completely revised and updated to reflect changing market conditions, this third edition comprehensively introduces investment professionals and students to the range of valuation models available and how to chose the right model for any given asset valuation scenario. This edition includes valuation techniques for a whole host of real options, start-up firms, unconventional assets, distressed companies and private equity, and real estate. All examples have been updated and new material has been added. Fully revised to incorporate valuation lessons learned from the last five years, from the market crisis and emerging markets to new types of equity investments Includes valuation practices across the life cycle of companies and emphasizes value enhancement measures, such as EVA and CFROI Contains a new chapter on probabilistic valuation techniques such as decision trees and Monte Carlo Simulation Author Aswath Damodaran is regarded as one of the best educators and thinkers on the topic of investment valuation This indispensable guide is a must read for anyone wishing to gain a better understanding of investment valuation and its methods. With it, you can take the insights and advice of a recognized authority on the valuation process and immediately put them to work for you.
590 _bIncludes bibliographical references and index ;
650 0 _aCorporations
_xValuation
_xMathematical models
_92610
650 0 _aBusiness enterprises
_xFinance
_9379
650 _aInvestments models
_99790
650 0 _aFinance
_93911
700 _aDamodaran, Aswath
_eAuthor
_92612
902 _a532
905 _am
942 _a1
_2ddc
999 _c2074
_d2074