Aswath Damodaran

Damodaran on Valuation

Security Analysis for Investment and Corporate Finance

• Gebundenes Buch

Produktbeschreibung

"Aswath Damodaran is simply the best valuation teacher around. If you are interested in the theory or practice of valuation, you should have Damodaran on Valuation on your bookshelf. You can bet that I do."
-- Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management and author of More Than You Know: Finding Financial Wisdom in Unconventional Places
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 answering many of today?s critical valuation questions. Completely revised and updated, this edition is the ideal book on valuation for CEOs and corporate strategists. You ll gain an understanding of the vitality of today?s valuation models and develop the acumen needed for the most complex and subtle valuation scenarios you will face.

Produktdetails

• Wiley Finance Series
• Verlag: Wiley & Sons
• 2. Aufl.
• Erscheinungstermin: 22. August 2006
• Englisch
• Abmessung: 264mm x 187mm x 48mm
• Gewicht: 1345g
• ISBN-13: 9780471751212
• ISBN-10: 0471751219
• Artikelnr.: 20895550

Autorenporträt

ASWATH DAMODARAN is Professor of Finance at New York University's Leonard N. Stern School of Business. He has been the recipient of numerous awards for outstanding teaching, including New York University's Distinguished Teaching Award. He has also been named one of the nation's top business school teachers by BusinessWeek. Damodaran conducts training courses in corporate finance and valuation at many leading investment banks. He is the author of numerous leading finance books, including the first edition of Damodaran on Valuation, Investment Valuation, Corporate Finance, Investment Management, Investment Philosophies, and Applied Corporate Finance, all published by Wiley.

Inhaltsangabe

Chapter 1: Introduction to Valuation. Chapter 2: Estimating Discount Rates.
Chapter 3: Measuring Cash Flows. Chapter 4: Forecasting Cash Flows. Chapter
5: Equity Discounted Cash Flow Models. Chapter 6: Firm Valuation Models.
Introduction to Chapters 7-9: Relative Valuation. Chapter 7: Relative
Valuation: First Principles. Chapter 8: Equity Multiples. Chapter 9: Value
Multiples. Chapter 10: Cash, Cross Holdings and Other Assets. Chapter 11:
Employee Equity Options and Compensation. Chapter 12: The Value of
Intangibles. Chapter 13: The Value of Control. Chapter 14: The Value of
Liquidity. Chapter 15: The Value of Synergy. Chapter 16: The Value of
Transparency. Chapter 17: The Cost of Distress. Chapter 18: Closing
Thoughts.

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Approaches to Valuation.

Estimation of Discount Rates.

Estimation of Cash Flows.

Estimation of Growth Rates.

Dividend-Discount Models.

Free-Cash-Flow-to-Equity Discount Models.

Valuing a Firm--The Free-Cash-Flow-to-Firm Approach.

Special Cases in Valuation.

Price/Earnings Ratios.

Price/Book Value Ratios.

Price/Sales Ratio.

Management Decisions, Corporate Strategy, and Firm Value.

Valuation for Acquisitions and Takeovers.

Option-Pricing Theory.

Applications of Option-Pricing Theory to Valuation.

Overview and Conclusion.

Appendices.

References.

Disk Documentation.

Index.