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Investment valuation : tools and techniques for determining the value of any asset / Aswath Damodaran.

By: Language: English Publisher: New York : Wiley, 2012Edition: 3. ed, university editionDescription: xv, 974 sidor illustrationerContent type:
  • text
Media type:
  • unmediated
Carrier type:
  • volume
ISBN:
  • 9781118130735
Subject(s): DDC classification:
  • 658.15 23
Other classification:
  • Qbc
Contents:
Introduction 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 -- Overview and Conclusion
Holdings
Cover image Item type Current library Home library Collection Shelving location Call number Materials specified Vol info URL Copy number Status Notes Date due Barcode Item holds Item hold queue priority Course reserves
Book Biblioteket HKR Biblioteket 658.15 Damodaran Available 11156000175693
Book Biblioteket HKR Biblioteket 658.15 Damodaran Available 11156000178171
Total holds: 0

Enhanced descriptions from Syndetics:

The definitive source of information on all topics related to investment valuation tools and techniques

Valuation 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 students of financial markets and investors, Aswath Damodaran's Investment Valuation .

Now completely revised and updated to reflect changing market conditions, this third edition comprehensively introduces students and investment professionals 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.

An expansion of ancillaries include updated online databases, spreadsheets, and other educational support tools 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 Revised examples of company valuations such as companies from Eastern Europe and Africa, which stress the global nature of modern valuation 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 students 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.

Previous ed.: 1996, 2002

Introduction 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 -- Overview and Conclusion

Table of contents provided by Syndetics

  • Chapter 1 Introduction to Valuation(p. 1)
  • Chapter 2 Approaches to Valuation(p. 11)
  • Chapter 3 Understanding Financial Statements(p. 27)
  • Chapter 4 The Basics of Risk(p. 58)
  • Chapter 5 Option Pricing Theory and Models(p. 87)
  • Chapter 6 Market Efficiency-Definition, Tests, and Evidence(p. 111)
  • Chapter 7 Riskless Rates and Risk Premiums(p. 154)
  • Chapter 8 Estimating Risk Parameters and Costs of Financing(p. 182)
  • Chapter 9 Measuring Earnings(p. 229)
  • Chapter 10 From Earnings to Cash Flows(p. 250)
  • Chapter 11 Estimating Growth(p. 271)
  • Chapter 12 Closure in Valuation: Estimating Terminal Value(p. 304)
  • Chapter 13 Dividend Discount Models(p. 323)
  • Chapter 14 Free Cash Flow to Equity Discount Models(p. 351)
  • Chapter 15 Firm Valuation: Cost of Capital and Adjusted Present Value Approaches(p. 380)
  • Chapter 16 Estimating Equity Value per Share(p. 423)
  • Chapter 17 Fundamental Principles of Relative Valuation(p. 453)
  • Chapter 18 Earnings Multiples(p. 468)
  • Chapter 19 Book Value Multiples(p. 511)
  • Chapter 20 Revenue Multiples and Sector-Specific Multiples(p. 542)
  • Chapter 21 Valuing Financial Service Firms(p. 581)
  • Chapter 22 Valuing Firms with Negative or Abnormal Earnings(p. 611)
  • Chapter 23 Valuing Young or Start-Up Firms(p. 643)
  • Chapter 24 Valuing Private Firms(p. 667)
  • Chapter 25 Aquisitions and Takeovers(p. 702)
  • Chapter 26 Valuing Real Estate(p. 739)
  • Chapter 27 Valuing Other Assets(p. 766)
  • Chapter 28 The Option to Delay and Valuation Implications(p. 781)
  • Chapter 29 The Options to Expand and to Abandon: Valuation Implications(p. 805)
  • Chapter 30 Valuing Equity in Distressed Firms(p. 826)
  • Chapter 31 Value Enhancement: A Discounted Cash Flow Valuation Framework(p. 841)
  • Chapter 32 Value Enhancement: Economic Value Added, Cash Flow Return on Investment, and Other Tools(p. 869)
  • Chapter 33 Probabilistic Approaches in Valuation: Scenario Analysis, Decision Trees, and Simulations(p. 894)
  • Chapter 34 Overview and Conclusion(p. 925)
  • References(p. 939)
  • Index(p. 954)