LEADER 05648nam 2200757 450 001 9910676640003321 005 20220429105206.0 010 $a1-119-20178-0 010 $a1-118-16108-4 010 $a0-470-04937-5 035 $a(CKB)2400000000003223 035 $a(EBL)700079 035 $a(OCoLC)811499078 035 $a(SSID)ssj0000384150 035 $a(PQKBManifestationID)12171440 035 $a(PQKBTitleCode)TC0000384150 035 $a(PQKBWorkID)10338506 035 $a(PQKB)11295416 035 $a(MiAaPQ)EBC700079 035 $a(CaSebORM)9780471751212 035 $a(EXLCZ)992400000000003223 100 $a20160409h20062006 uy 0 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aDamodaran on valuation $esecurity analysis for investment and corporate finance /$fAswath Damodaran 205 $a2nd ed. 210 1$aHoboken, New Jersey :$cWiley,$d2006. 210 4$dŠ2006 215 $a1 online resource (1373 p.) 225 1 $aWiley finance 300 $aIncludes index. 311 $a0-471-75121-9 320 $aIncludes bibliographical references and index. 327 $aCover; Contents; Title; Copyright; Dedication; Preface; Chapter 1: Introduction to Valuation; A Philosophical Basis for Valuation; Inside the Valuation Process; Approaches to Valuation; Role of Valuation; Conclusion; Part One: Discounted Cash Flow Valuation; Chapter 2: Estimating Discount Rates; What is Risk?; Cost of Equity; From Cost of Equity to Cost of Capital; Conclusion; Chapter 3: Measuring Cash Flows; Categorizing Cash Flows; Earnings; Tax Effect; Reinvestment Needs; From Firm to Equity Cash Flows; Conclusion; Chapter 4: Forecasting Cash Flows 327 $aStructure of Discounted Cash Flow ValuationLength of Extraordinary Growth Period; Detailed Cash Flow Forecasts; Terminal Value; Estimation Approaches; Conclusion; Chapter 5: Equity Discounted Cash Flow Models; Dividend Discount Models; FCFE (Potential Dividend) Discount Models; FCFE Versus Dividend Discount Model Valuation; Per Share Versus Aggregate Valuation; Conclusion; Chapter 6: Firm Valuation Models; Cost of Capital Approach; Adjusted Present Value Approach; Excess Return Models; Capital Structure and Firm Value; Conclusion; Part Two: Relative Valuation 327 $aChapter 7: Relative Valuation: First PrinciplesWhat is Relative Valuation?; Ubiquity of Relative Valuation; Reasons for Popularity and Potential Pitfalls; Standardized Values and Multiples; Four Basic Steps to Using Multiples; Reconciling Relative and Discounted Cash Flow Valuations; Conclusion; Chapter 8: Equity Multiples; Definitions of Equity Multiples; Distributional Characteristics of Equity Multiples; Analysis of Equity Multiples; Applications of Equity Multiples; Conclusion; Chapter 9: Value Multiples; Definition of Value Multiples; Distributional Characteristics of Value Multiples 327 $aAnalysis of Value MultiplesApplications of Value Multiples; Conclusion; Part Three: Loose Ends in Valuation; Chapter 10: Cash, Cross Holdings, and Other Assets; Cash and Near-Cash Investments; Financial Investments; Holdings in Other Firms; Other Nonoperating Assets; Conclusion; Appendix 10.1: Industry Averages: Cash Ratios-January 2005; Chapter 11: Employee Equity Options and Compensation; Equity-Based Compensation; Employee Options; Restricted Stock; Conclusion; Chapter 12: The Value of Intangibles; Importance of Intangible Assets; Independent and Cash-Flow-Generating Intangible Assets 327 $aFirmwide Cash-Flow-Generating Intangible AssetsIntangible Assets with Potential Future Cash Flows; Conclusion; Appendix 12.1: Option Pricing Models; Chapter 13: The Value of Control; Measuring the Expected Value of Control; Manifestations of the Value of Control; Conclusion; Chapter 14: The Value of Liquidity; Measuring Illiquidity; Cost of Illiquidity: Theory; Cost of Illiquidity: Empirical Evidence; Dealing with Illiquidity in Valuation; Consequences of Illiquidity; Conclusion; Chapter 15: The Value of Synergy; What is Synergy?; Valuing Synergy; Dubious Synergies 327 $aEvidence on Synergy-Value Created and Added 330 $a""Aswath Damodaran is simply the best valuation teacher around. If you are interested in the theory or practice of valuation, you should have Damodaran on Valuation on your bookshelf. You can bet that I do.""-- Michael J. Mauboussin, Chief Investment Strategist, Legg Mason Capital Management and author of More Than You Know: Finding Financial Wisdom in Unconventional Places In order to be a successful CEO, corporate strategist, or analyst, understanding the valuation process is a necessity. The second edition of Damodaran on Valuation stands out as the most reliable book for answe 410 0$aWiley finance series. 606 $aCorporations$xValuation$xMathematical models 606 $aCapital assets pricing model 606 $aInvestment analysis 606 $aValoraciķ d'empreses$2thub 606 $aModels matemātics$2thub 606 $aAnālisi financera$2thub 608 $aLlibres electrōnics$2thub 615 0$aCorporations$xValuation$xMathematical models. 615 0$aCapital assets pricing model. 615 0$aInvestment analysis. 615 7$aValoraciķ d'empreses 615 7$aModels matemātics 615 7$aAnālisi financera 676 $a658.15 700 $aDamodaran$b Aswath$0117726 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910676640003321 996 $aDamodaran on valuation$915727 997 $aUNINA