Join Amazon Prime and ship Two-Day for free and Overnight for $3.99. Already a member? Sign in.
Damodaran on Valuation, Study Guide
and over 300,000 other books are available for Amazon Kindle – Amazon’s new wireless reading device.
Learn more
|
Frequently Bought Together
Customers Who Bought This Item Also Bought
Valuation: Measuring and Managing the Value of Companies, Fourth Edition by McKinsey & Company Inc. |
Investment Valuation: Tools and Techniques for Determining the Value of Any Asset, Second Edition by Aswath Damodaran |
Valuation Workbook: Step-by-Step Exercises and Tests to Help You Master Valuation (Wiley Finance) by Tim Koller |
The Dark Side of Valuation: Valuing Old Tech, New Tech, and New Economy Companies by Aswath Damodaran |
by Aswath Damodaran
|
Editorial Reviews
Product Description
Damondaran on Valuation will not only convince you of the vitality of the many valuation models available to you, it will help ensure that you develop the acumen needed to select the right model for any valuation scenario.
Written by a gifted teacher and respected valuation authority, Damodaran on Valuation offers systematic examination of the three basic approaches to valuation - discounted cash-flow valuation, relative valuation, and contingent claim valuation - and the various models within these broad categories.
Using numerous real-world examples involving both US and International firms, the book illuminates the purpose of each particular model, its advantages and limitatations, the step-by-step process involved in putting the model to work, and the kinds of firms to which it is best applied. Among the tools presented are designed to:
* Estimate the cost of equity - including the capital asset pricing model and arbitrage pricing model
* Estimate growth rates - with coverage of how to arrive at a weighted average of growth rates by blending three separate approaches
* Value equity - focusing on the Gordon Growth Model and the two-and three-stage dividend discount model
* Measure free cash flow to equity - cash flows that are carefully delineated from the dividends of most firms
* Value firms - including free cash flow to firm models, which are especially suited to highly leveraged firms
* Estimate the value of assets by looking at the pricing of comparable assets - with insight into the use and misuse of price/earning and price/book value ratios, and underutilized price-to-sales ratios
* Measure the value of assets that share option characteristics - including a comparative look at the classic Black-Scholes and simpler binomial models.
Supported by an optional IBM-compatible disk, which consists of spreadsheet programs designed to help users apply the models highlighted in the book, Damodaran on Valuation provides practitioners involved in securities analysis, portfolio management, M&A, and corporate finance with the knowledge they need to value any asset.
From the Publisher
An applications-oriented, extensive and up-to-date exploration of the theory and practice of valuation. Uses actual examples from existing firms to explain the value and limitations of models in order to illustrate key techniques. Features a thorough study of a wide range of firms in which direct application of typical models often breaks down--problems in valuing these companies are pinpointed and potential solutions suggested. Special sections deal with subtler valuation issues including the value of synergy in controlling mergers and the value of product options that firms may possess.
Damondaran on Valuation will not only convince you of the vitality of the many valuation models available to you, it will help ensure that you develop the acumen needed to select the right model for any valuation scenario.
Written by a gifted teacher and respected valuation authority, Damodaran on Valuation offers systematic examination of the three basic approaches to valuation - discounted cash-flow valuation, relative valuation, and contingent claim valuation - and the various models within these broad categories.
Using numerous real-world examples involving both US and International firms, the book illuminates the purpose of each particular model, its advantages and limitatations, the step-by-step process involved in putting the model to work, and the kinds of firms to which it is best applied. Among the tools presented are designed to:
* Estimate the cost of equity - including the capital asset pricing model and arbitrage pricing model
* Estimate growth rates - with coverage of how to arrive at a weighted average of growth rates by blending three separate approaches
* Value equity - focusing on the Gordon Growth Model and the two-and three-stage dividend discount model
* Measure free cash flow to equity - cash flows that are carefully delineated from the dividends of most firms
* Value firms - including free cash flow to firm models, which are especially suited to highly leveraged firms
* Estimate the value of assets by looking at the pricing of comparable assets - with insight into the use and misuse of price/earning and price/book value ratios, and underutilized price-to-sales ratios
* Measure the value of assets that share option characteristics - including a comparative look at the classic Black-Scholes and simpler binomial models.
Supported by an optional IBM-compatible disk, which consists of spreadsheet programs designed to help users apply the models highlighted in the book, Damodaran on Valuation provides practitioners involved in securities analysis, portfolio management, M&A, and corporate finance with the knowledge they need to value any asset.
From the Publisher
An applications-oriented, extensive and up-to-date exploration of the theory and practice of valuation. Uses actual examples from existing firms to explain the value and limitations of models in order to illustrate key techniques. Features a thorough study of a wide range of firms in which direct application of typical models often breaks down--problems in valuing these companies are pinpointed and potential solutions suggested. Special sections deal with subtler valuation issues including the value of synergy in controlling mergers and the value of product options that firms may possess.
Product Details
Would you like to update product info or give feedback on images?
|
Inside This Book
(learn more)
First Sentence:
This chapter provides the philosophical basis for the valuation models used in this book. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
stable growth phase, treasury bond rate, cyclical firm, normalized earnings, unlevered beta, dividend discount model, terminal price, payout ratio, discounted cash flow valuation, combined firm, expected growth rate, valuing equity, estimating cash flows, comparable firms, real cash flows, free cash flow, troubled firm, annualized standard deviation Key Phrases - Capitalized Phrases (CAPs): (learn more)
Eastman Kodak, Boston Chicken, Net Debt Issues, Price Sales Multiples, Retention Ratio, Stable Phase, Estimation of Discount Rates, Concepts Answer, Cumulated Growth, End of Growth Phase, End-of-Life Index, Longs Drug, Philip Morris, Transition Period, Transition Phase, Cap Exp Depr, Emerging Market, Term Price, United States, Value of Stock New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
This chapter provides the philosophical basis for the valuation models used in this book. Read the first page Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
stable growth phase, treasury bond rate, cyclical firm, normalized earnings, unlevered beta, dividend discount model, terminal price, payout ratio, discounted cash flow valuation, combined firm, expected growth rate, valuing equity, estimating cash flows, comparable firms, real cash flows, free cash flow, troubled firm, annualized standard deviation Key Phrases - Capitalized Phrases (CAPs): (learn more)
Eastman Kodak, Boston Chicken, Net Debt Issues, Price Sales Multiples, Retention Ratio, Stable Phase, Estimation of Discount Rates, Concepts Answer, Cumulated Growth, End of Growth Phase, End-of-Life Index, Longs Drug, Philip Morris, Transition Period, Transition Phase, Cap Exp Depr, Emerging Market, Term Price, United States, Value of Stock New!
Books on Related Topics | Concordance | Text Stats Browse Sample Pages:
Front Cover | Table of Contents | First Pages | Index | Back Cover | Surprise Me!
Citations (learn more)
This book cites 6
books:
See all 6 books this book cites
- The Stock Market (Wiley Investment) by Richard J. Teweles in Front Matter
- Johnson and Johnson by Vault Reports on page 66
- Las Vegas (AAA Spiral Guides) by AAA on page 46
- Principles of Corporate Finance: WITH Student CD, Ethics in Finance PowerWeb AND Standard and Poor's by Richard A. Brealey in Front Matter
- Study Guide by MILLER/JENTZ in Front Matter
See all 6 books this book cites
Books on Related Topics
(learn more)
|
What Do Customers Ultimately Buy After Viewing This Item?
 |
37% buy the item featured on this page: Damodaran on Valuation, Study Guide: Security Analysis for Investment and Corporate Finance (Wiley Professional Banking and Finance) $30.87 |
 |
33% buy Damodaran on Valuation: Security Analysis for Investment and Corporate Finance (Wiley Finance) $63.00 |
 |
19% buy Investment Valuation: Tools and Techniques for Determining the Value of Any Asset, Second Edition $59.85 |
 |
7% buy Valuation: Measuring and Managing the Value of Companies, Fourth Edition $51.00 |
Suggested Tags from Similar Products(What's this?)Be the first one to add a relevant tag (keyword that's strongly related to this product).
|
Help others find this product — tag it for Amazon search
No one has tagged this product for Amazon search yet. Why not be the first to suggest a search for which it should appear?
Sell a Digital Version of This Book in the Kindle Store
If you are a publisher or author and hold the digital rights to a book, you can sell a digital version of it in our Kindle Store.
Learn more
Customer Reviews
|
Share your thoughts with other customers:
|
|||||||||
Most Helpful Customer Reviews
Share your thoughts with other customers: Create your own review
|
 |
Customer Discussions
Beta (What's this?)
New! See all customer communities, and bookmark your communities to keep track of them.
|
This product's forum
(0 discussions)
Ask questions, Share opinions, Gain insight
Active discussions in related forums
|
||||||||||||||||||||||||||||||||||||||||||
Product Information from the Amapedia Community
Beta (What's this?)Be the first person to add an article about this item at Amapedia.com.
› See featured Amapedia.com articles
Listmania!
|
|
So You'd Like to...
|
|
Look for Similar Items by Category
 Subscribe to The Amazon MP3 Download newsletter to find out about free song downloads, new releases and hot digital music deals first.  |
||||||||||
|
Your Recent History
(What's this?)|
You have no recently viewed items or searches.
After viewing product detail pages or search results, look here to find an easy way to navigate back to pages you are interested in. Look to the right column to find helpful suggestions for your shopping session. |
Continue shopping: Top Sellers
| ||||
| ||
| ||
| ||
| ||
| ||
