Valuation : measuring and managing the value of companies /
The number one guide to corporate valuation is back and better than ever. Thoroughly revised and expanded to reflect business conditions in today's volatile global economy, Valuation, Fifth Edition continues the tradition of its bestselling predecessors by providing up-to-date insights and prac...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Autor Corporativo: | |
Otros Autores: | , |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Hoboken, N.J. :
John Wiley & Sons,
©2010.
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Edición: | 5th ed. |
Colección: | Finance professional collection
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Temas: | |
Acceso en línea: | Texto completo (Requiere registro previo con correo institucional) |
Tabla de Contenidos:
- pt. 1. Foundations of value
- 1. Why value value?
- 2. Fundamental principles of value creation
- 3. The expectations treadmill
- 4. Return on invested capital
- 5. Growth
- pt. 2. Core valuation techniques
- 6. Frameworks for valuation
- 7. Reorganizing the financial statements
- 8. Analyzing performance and competitive position
- 9. Forecasting performance
- 10. Estimating continuing value
- 11. Estimating the cost of capital
- 12. Moving from enterprise value to value per share
- 13. Calculating and interpreting results
- 14. Using multiples to triangulate results
- pt. 3. Intrinsic value and the stock market
- 15. Market value tracks return on invested capital and growth
- 16. Markets value substance, not form
- 17. Emotions and mispricing in the market
- 18. Investors and managers in efficient markets
- pt. 4. Managing for value
- 19. Corporate portfolio strategy
- 20. Performance management
- 21. Mergers and acquistions
- 22. Creating value through divestitures
- 23. Capital structure
- 24. Investor communications
- pt. 5. Advanced valuation issues
- 25. Taxes
- 26. Nonoperating expenses, one-time charges, reserves, and provisions
- 27. Leases, pensions, and other obligations
- 28. Capitalized expenses
- 29. Inflation
- 30. Foreign currency
- 31. Case study : Heineken
- pt. 6. Special situations
- 32. Valuing flexibility
- 32. Valuation in emerging markets
- 34. Valuing high-growth companies
- 35. Valuing cyclical companies
- 36. Valuing banks
- App. A. Economic profit and the key value driver formula
- App. B. Discounted economic profit equals discounted free cash flow
- App. C. Derivation of free cash flow, weighted average cost of capital, and adjusted present value
- App. D. Levering and unlevering the cost of equity
- App. E. Leverage and the price-to-earnings multiple.