Investment valuation : tools and techniques for determining the value of any asset
Aswath Damodaran
Bok · Engelsk · 2025
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| Omfang | xvi, 1115 sider : illustrasjoner, figurer, tabeller
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| Utgave | Fourth edition
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| Opplysninger | 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 -- Narrative and Numbers -- Story to Value -- Equity Intrinsic Value 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 Money-Losing Firms -- Valuing Young or Start-Up Firms -- Valuing Private Firms -- Acquisitions 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.. - Updated edition of the definitive guide to investment valuation tools and techniquesInvestment Valuation: Tools and Techniques for Determining the Value of Any Asset delves into valuation techniques for a variety of different asset classes, including real options, start-up firms, unconventional assets, distressed companies and private equity, real estate, and many more, and explains how to choose the right model for any given asset valuation scenario. The models are presented with real-world examples so as to capture some of the problems inherent in applying these models, with discussion of differences and common elements between the models to provide readers with a holistic understanding of the subject matter. Written by a professor of finance who is widely regarded as one of the best educators and thinkers on the topic of investment valuation, this newly revised and updated Fourth Edition explores topics including: Understanding financial statements, the basics of risk, and tests and evidence for market efficiencyEstimating risk parameters and costs of financing, terminal value, and equity value per shareUsing scenario analysis, decision trees, and simulations for probabilistic approaches in valuationInvestment Valuation: Tools and Techniques for Determining the Value of Any Asset is an essential resource for all investors and students of financial markets seeking an all-in-one guide to expand their valuation knowledge and make better investment decisions.. - "Investment Valuation by Aswath Damodaran is an essential guide for understanding valuation techniques amid evolving market conditions. This updated third edition covers a wide range of valuation models, including real options, start-ups, distressed companies, and private equity. It incorporates recent lessons from market crises and emerging trends, with new content on probabilistic techniques like decision trees and Monte Carlo Simulation. Damodaran, a leading authority on investment valuation, provides valuable insights for professionals and students alike, making this book a key resource for mastering valuation methods"
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| Emner | verdifastsetting verdilære verdsettelse bedrifter foretak matematiske modeller
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| Dewey | |
| ISBN | 1394262736. - 978-1-394-26273-1
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