Valuation methods and shareholder value creation [[electronic resource] /] / Pablo Fernández |
Autore | Fernández Pablo <1957-> |
Pubbl/distr/stampa | San Diego, Calif., : Academic Press, c2002 |
Descrizione fisica | 1 online resource (661 p.) |
Disciplina | 658.15 |
Soggetto topico |
Valuation theory
Corporations - Valuation Price-earnings ratio Stocks - Prices |
Soggetto genere / forma | Electronic books. |
ISBN |
1-281-02040-0
9786611020408 0-08-052037-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Front Cover; Valuation Methods and Shareholder Value Creation; Copyright Page; Contents; Preface; Acknowledgments; Part I: Basics of Valuation Methods and Shareholder Value Creation; Chapter 1. Shareholder Value Creation, Basic Concepts; 1.1. Increase of Equity Market Value; 1.2. Shareholder Value Added; 1.3. Shareholder Return; 1.4. Required Return to Equity; 1.5. Created Shareholder Value; 1.6. The ROE is not the Shareholder Return; 1.7. Comparison of General electric with Other Companies; 1.8. Value Creation and Value Destruction of the S&P 500
1.9. What Should the Shareholder return be Compared With? Reference; Chapter 2. Company Valuation Methods; 2.1. Value and Price. What Purpose Does a Valuation Serve?; 2.2. Balance Sheet-Based Methods; 2.3. Income Statement-Based Methods. Relative Valuation; 2.4. Goodwill-Based Methods; 2.5. Cash Flow Discounting-Based methods; 2.6. Which is the Best Method to Use?; 2.7. The Company as the Sum of the Values of Different Divisions: Break-Up Value; 2.8. Valuation Methods Used Depending on the Nature of the Company; 2.9. Key Factors Affecting Value: Growth, Return, Risk, and Interest Rates 2.10. Speculative Bubbles on the Stock Market 2.11 Most Common Errors in Valuations; References; Chapter 3. Price-Earnings Ratio, Profitability, Cost of Capital, and Growth; 3.1. Evolution of the Per on the International Stock Markets; 3.2. Factors Affecting the Per; 3.3. Influence of Growth(g) on the Per; 3.4. Influence of the Roe on the Per; 3.5. Influence of the Required Return to Equity on the PER; 3.6. Influence of Interest Rates on the PER; 3.7. Growth Value and PER Due to Growth; Summary Appendix 3.1: Price PER Share, Market Capitalization, Earnings PER Share (EPS), Dividend Yield and PER of the Companies Included in the Euro Stoxx 50 on 30 May 2001 Appendix 3.2: Breakdown of the Price PER Share Between No-Growth Price and Growth Value; an Breakdown of the PER (Companies Included in the Euro Stoxx 50 on 30 May 2001); Appendix 3.3: Relationship Between the PER and Growth (g), Required Return to Equity (Ke) and Return on Equity (ROE) in a Company with Constant Growth Chapter 4. Splitting the Price-Earnings Ratio. Franchise Factor, Growth Factor, Interest Factor, and Risk Factor 4.1 PER, Franchise Factor, and Growth Factor; 4.2. PER*, Franchise Factor*, and Growth Factor; 4.3. PER, Interest Factor, and Risk Factor; 4.4. Value Generation Over Time in Companies with Growth; 4.5. Influence of Growth on the Franchise Factor and on the Growth Factor; 4.6. Influence of the ROE on the Franchise Factor; 4.7. Influence of the Required Return to Equity on the Franchise Factor and on the PER; Appendix 4.1: Splitting the PER; Reference Chapter 5. Market Value and Book Value |
Record Nr. | UNINA-9910456424103321 |
Fernández Pablo <1957-> | ||
San Diego, Calif., : Academic Press, c2002 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|
Valuation methods and shareholder value creation [[electronic resource] /] / Pablo Fernández |
Autore | Fernández Pablo <1957-> |
Pubbl/distr/stampa | San Diego, Calif., : Academic Press, c2002 |
Descrizione fisica | 1 online resource (661 p.) |
Disciplina | 658.15 |
Soggetto topico |
Valuation theory
Corporations - Valuation Price-earnings ratio Stocks - Prices |
ISBN |
1-281-02040-0
9786611020408 0-08-052037-5 |
Formato | Materiale a stampa |
Livello bibliografico | Monografia |
Lingua di pubblicazione | eng |
Nota di contenuto |
Front Cover; Valuation Methods and Shareholder Value Creation; Copyright Page; Contents; Preface; Acknowledgments; Part I: Basics of Valuation Methods and Shareholder Value Creation; Chapter 1. Shareholder Value Creation, Basic Concepts; 1.1. Increase of Equity Market Value; 1.2. Shareholder Value Added; 1.3. Shareholder Return; 1.4. Required Return to Equity; 1.5. Created Shareholder Value; 1.6. The ROE is not the Shareholder Return; 1.7. Comparison of General electric with Other Companies; 1.8. Value Creation and Value Destruction of the S&P 500
1.9. What Should the Shareholder return be Compared With? Reference; Chapter 2. Company Valuation Methods; 2.1. Value and Price. What Purpose Does a Valuation Serve?; 2.2. Balance Sheet-Based Methods; 2.3. Income Statement-Based Methods. Relative Valuation; 2.4. Goodwill-Based Methods; 2.5. Cash Flow Discounting-Based methods; 2.6. Which is the Best Method to Use?; 2.7. The Company as the Sum of the Values of Different Divisions: Break-Up Value; 2.8. Valuation Methods Used Depending on the Nature of the Company; 2.9. Key Factors Affecting Value: Growth, Return, Risk, and Interest Rates 2.10. Speculative Bubbles on the Stock Market 2.11 Most Common Errors in Valuations; References; Chapter 3. Price-Earnings Ratio, Profitability, Cost of Capital, and Growth; 3.1. Evolution of the Per on the International Stock Markets; 3.2. Factors Affecting the Per; 3.3. Influence of Growth(g) on the Per; 3.4. Influence of the Roe on the Per; 3.5. Influence of the Required Return to Equity on the PER; 3.6. Influence of Interest Rates on the PER; 3.7. Growth Value and PER Due to Growth; Summary Appendix 3.1: Price PER Share, Market Capitalization, Earnings PER Share (EPS), Dividend Yield and PER of the Companies Included in the Euro Stoxx 50 on 30 May 2001 Appendix 3.2: Breakdown of the Price PER Share Between No-Growth Price and Growth Value; an Breakdown of the PER (Companies Included in the Euro Stoxx 50 on 30 May 2001); Appendix 3.3: Relationship Between the PER and Growth (g), Required Return to Equity (Ke) and Return on Equity (ROE) in a Company with Constant Growth Chapter 4. Splitting the Price-Earnings Ratio. Franchise Factor, Growth Factor, Interest Factor, and Risk Factor 4.1 PER, Franchise Factor, and Growth Factor; 4.2. PER*, Franchise Factor*, and Growth Factor; 4.3. PER, Interest Factor, and Risk Factor; 4.4. Value Generation Over Time in Companies with Growth; 4.5. Influence of Growth on the Franchise Factor and on the Growth Factor; 4.6. Influence of the ROE on the Franchise Factor; 4.7. Influence of the Required Return to Equity on the Franchise Factor and on the PER; Appendix 4.1: Splitting the PER; Reference Chapter 5. Market Value and Book Value |
Record Nr. | UNINA-9910780449903321 |
Fernández Pablo <1957-> | ||
San Diego, Calif., : Academic Press, c2002 | ||
Materiale a stampa | ||
Lo trovi qui: Univ. Federico II | ||
|