Study guide for Damodaran on valuation : security analysis for investment and corporate finance
Author(s)
Bibliographic Information
Study guide for Damodaran on valuation : security analysis for investment and corporate finance
（Wiley professional banking and finance series）
John Wiley, c1994
- pbk
Related Bibliography 1 items
Available at / 1 libraries
-
No Libraries matched.
- Remove all filters.
Note
Includes bibliographical references and index
Description and Table of Contents
- Volume
-
pbk ISBN 9780471108979
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 model
Estimate growth rates - with coverage of how to arrive at aweighted average of growth rates by blending three separateapproaches
Value equity - focusing on the Gordon Growth Model and thetwo-and three-stage dividend discount model
Measure free cash flow to equity - cash flows that are carefullydelineated from the dividends of most firms
Value firms - including free cash flow to firm models, which areespecially suited to highly leveraged firms
Estimate 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 ratios
Measure 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.
Table of Contents
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.
- Volume
-
ISBN 9780471304654
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.
Table of Contents
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.
by "Nielsen BookData"
