Please note: In order to keep Hive up to date and provide users with the best features, we are no longer able to fully support Internet Explorer. The site is still available to you, however some sections of the site may appear broken. We would encourage you to move to a more modern browser like Firefox, Edge or Chrome in order to experience the site fully.

Supporting your high street Find out how »
Damodaran on Valuation, Study Guide : Security Analysis for Investment and Corporate Finance, Paperback / softback Book

Damodaran on Valuation, Study Guide : Security Analysis for Investment and Corporate Finance Paperback / softback

Paperback / softback

Available to Order - This title is available to order, with delivery expected within 2 weeks

Description

Damondaran on Valuation will not only convince you of the vitalityof the many valuation models available to you, it will help ensurethat you develop the acumen needed to select the right model forany valuation scenario. Written by a gifted teacher and respected valuation authority, Damodaran on Valuation offers systematic examination of the threebasic approaches to valuation - discounted cash-flow valuation,relative valuation, and contingent claim valuation - and thevarious models within these broad categories. Using numerous real-world examples involving both US andInternational firms, the book illuminates the purpose of eachparticular model, its advantages and limitatations, thestep-by-step process involved in putting the model to work, and thekinds of firms to which it is best applied.

Among the toolspresented are designed to: Estimate the cost of equity - including the capital asset pricingmodel and arbitrage pricing modelEstimate growth rates - with coverage of how to arrive at aweighted average of growth rates by blending three separateapproachesValue equity - focusing on the Gordon Growth Model and thetwo-and three-stage dividend discount modelMeasure free cash flow to equity - cash flows that are carefullydelineated from the dividends of most firmsValue firms - including free cash flow to firm models, which areespecially suited to highly leveraged firmsEstimate the value of assets by looking at the pricing ofcomparable assets - with insight into the use and misuse ofprice/earning and price/book value ratios, and underutilizedprice-to-sales ratiosMeasure the value of assets that share option characteristics -including a comparative look at the classic Black-Scholes andsimpler binomial models Supported by an optional IBM-compatible disk, which consists ofspreadsheet programs designed to help users apply the modelshighlighted in the book, Damodaran on Valuation providespractitioners involved in securities analysis, portfoliomanagement, M&A, and corporate finance with the knowledge theyneed to value any asset.

Information

Save 27%

£45.00

£32.45

Available to Order - This title is available to order, with delivery expected within 2 weeks
Add to Basket
Sign in to add to wishlist
 
Free Home Delivery

on all orders

 
Pick up orders

from local bookshops

Information