Valuation

Valuation
Author: McKinsey & Company Inc.,Tim Koller,Marc Goedhart,David Wessels
Release: 2010-07-16
Editor: John Wiley & Sons
Pages: 1200
ISBN: 9780470889930
Language: en
Available for:

DESCRIPTION BOOK:

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 practical advice on how to create, manage, and measure the value of an organization. Along with all new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect new developments in corporate finance, changes in accounting rules, and an enhanced global perspective. Valuation, Fifth Edition is filled with expert guidance that managers at all levels, investors, and students can use to enhance their understanding of this important discipline. Contains strategies for multi-business valuation and valuation for corporate restructuring, mergers, and acquisitions Addresses how you can interpret the results of a valuation in light of a company's competitive situation Also available: a book plus CD-ROM package (978-0-470-42469-8) as well as a stand-alone CD-ROM (978-0-470-42457-7) containing an interactive valuation DCF model Valuation, Fifth Edition stands alone in this field with its reputation of quality and consistency. If you want to hone your valuation skills today and improve them for years to come, look no further than this book.

Valuation

Valuation
Author: McKinsey & Company Inc.,Tim Koller,Marc Goedhart,David Wessels
Release: 2020-06-30
Editor: John Wiley & Sons
Pages: 896
ISBN: 9781119610885
Language: en
Available for:

DESCRIPTION BOOK:

McKinsey & Company's #1 best-selling guide to corporate valuation—the fully updated seventh edition Valuation has been the foremost resource for measuring company value for nearly three decades. Now in its seventh edition, this acclaimed volume continues to help financial professionals around the world gain a deep understanding of valuation and help their companies create, manage, and maximize economic value for their shareholders. This latest edition has been carefully revised and updated throughout, and includes new insights on topics such as digital, ESG (environmental, social and governance), and long-term investing, as well as fresh case studies. Clear, accessible chapters cover the fundamental principles of value creation, analyzing and forecasting performance, capital structure and dividends, valuing high-growth companies, and much more. The Financial Times calls the book “one of the practitioners’ best guides to valuation.” This book: Provides complete, detailed guidance on every crucial aspect of corporate valuation Explains the strategies, techniques, and nuances of valuation every manager needs to know Covers both core and advanced valuation techniques and management strategies Features/Includes a companion website that covers key issues in valuation, including videos, discussions of trending topics, and real-world valuation examples from the capital markets For over 90 years, McKinsey & Company has helped corporations and organizations make substantial and lasting improvements in their performance. Through seven editions and 30 years, Valuation: Measuring and Managing the Value of Companies, has served as the definitive reference for finance professionals, including investment bankers, financial analysts, CFOs and corporate managers, venture capitalists, and students and instructors in all areas of finance.

Understanding Business Valuation

Understanding Business Valuation
Author: Gary R. Trugman
Release: 2008
Editor: Unknown
Pages: 943
ISBN: NWU:35556039755053
Language: en
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DESCRIPTION BOOK:

The Little Book of Valuation

The Little Book of Valuation
Author: Aswath Damodaran
Release: 2011-03-29
Editor: John Wiley & Sons
Pages: 256
ISBN: 1118064143
Language: en
Available for:

DESCRIPTION BOOK:

An accessible, and intuitive, guide to stock valuation Valuation is at the heart of any investment decision, whether that decision is to buy, sell, or hold. In The Little Book of Valuation, expert Aswath Damodaran explains the techniques in language that any investors can understand, so you can make better investment decisions when reviewing stock research reports and engaging in independent efforts to value and pick stocks. Page by page, Damodaran distills the fundamentals of valuation, without glossing over or ignoring key concepts, and develops models that you can easily understand and use. Along the way, he covers various valuation approaches from intrinsic or discounted cash flow valuation and multiples or relative valuation to some elements of real option valuation. Includes case studies and examples that will help build your valuation skills Written by Aswath Damodaran, one of today's most respected valuation experts Includes an accompanying iPhone application (iVal) that makes the lessons of the book immediately useable Written with the individual investor in mind, this reliable guide will not only help you value a company quickly, but will also help you make sense of valuations done by others or found in comprehensive equity research reports.

Financial Statement Analysis and Security Valuation

Financial Statement Analysis and Security Valuation
Author: Stephen H. Penman
Release: 2006-01-30
Editor: McGraw-Hill/Irwin
Pages: 808
ISBN: PSU:000058673058
Language: en
Available for:

DESCRIPTION BOOK:

Lays out the techniques and principles of financial statement analysis, with a focus on the investor. Works from a conceptual framework and provides tools for practical analysis. Illustrates methods with applications to recognisable companies such as Nike, Microsoft, Dell, and Coca-Cola.

Transfer Pricing and Customs Valuation

Transfer Pricing and Customs Valuation
Author: Anuschka Bakker,Belema Obuoforibo
Release: 2009
Editor: IBFD
Pages: 695
ISBN: 9789087220594
Language: en
Available for:

DESCRIPTION BOOK:

This book discusses the intricate role of transfer pricing and customs value in international business environment. It examines the relationship between valuation for transfer pricing purposes and valuation for customs, and the significance of the relationship for multinational enterprises, tax authorities and customs administrations. The book begins by reviewing relevant international standards such as the OECD Guidelines and the GATT/WTO Customs Valuation Agreement. This is followed by a discussion of related issues such as VAT and administrative matters. Country chapters provide an overview of the applicable legislation and valuation methods, and case studies allow direct comparison between the practices of the different countries. The book concludes by summarizing the existing relationship between transfer pricing valuations and customs valuations, and by suggesting possible solutions towards a more integrated approach.

The Analysis and Valuation of Health Care Enterprises

The Analysis and Valuation of Health Care Enterprises
Author: Arthur E. Gimmy,Charles R. Baumbach
Release: 1997
Editor: Appraisal Inst
Pages: 300
ISBN: PSU:000026692456
Language: en
Available for:

DESCRIPTION BOOK:

Valuation for Accountants

Valuation for Accountants
Author: Stephen Lynn
Release: 2020-02-26
Editor: Springer Nature
Pages: 338
ISBN: 9789811503573
Language: en
Available for:

DESCRIPTION BOOK:

This book focuses on the valuation needed to apply IFRS (International Financial Reporting Standards), and provides coverage of financial instruments – indeed this is the starting point of the exposition. The book adopts a logical sequence where models of financial instruments are explained first and models of other assets (such as property, an enterprise, or multiple intangibles) are presented as extensions. The book uses mathematical notation in presenting many of the models, but the focus is on application rather than proof. The mathematics is presented at a level that assumes sufficient background in high school algebra and coordinate geometry, prior knowledge of elementary probability, and a knowledge of basic statistics. Readers should also be aware of what linear regression does and should be able to run a regression and interpret the output. Calculus is not assumed. The models discussed almost always require a computer to apply. However, the emphasis is on understanding the models rather than learning computer skills, especially in the case of financial instruments.

Accounting and Valuation Guide Valuation of Privately Held Company Equity Securities Issued as Compensation

Accounting and Valuation Guide  Valuation of Privately Held Company Equity Securities Issued as Compensation
Author: AICPA
Release: 2016-10-31
Editor: John Wiley & Sons
Pages: 256
ISBN: 9781937352226
Language: en
Available for:

DESCRIPTION BOOK:

This new Guide has been developed by AICPA staff and the Equity Securities Task Force and is the first in a series of 3 NEW AICPA Accounting Valuation Guides to be released. This long anticipated release reflects best practices developed over the previous decade. Since the issuance of FASB ASC 718 and 505-50 in 2004, valuing stock-based compensation ("cheap stock") has been a significant challenge for private companies. This New Guide has been designed to mitigate those challenges. It brings you practical guidance and illustrations related to accounting, disclosures and valuation of privately held company equity securities issued as compensation. This guide includes: Evaluating private and secondary market transactions — What should companies do when transaction activity doesn't match their estimates of value? Adjustments for control and marketability — How should companies think about the value of the enterprise for the purpose of valuing minority securities? When is it appropriate to apply a discount for lack of marketability, and how should the estimated discount be supported? Highly leveraged entities — How should companies incorporate the fair value of debt in the valuation of equity securities? What is the impact of leverage on the expected volatility of various securities? The relevance of ASC 820 (SFAS 157) to cheap stock issues Updated guidance and illustrations regarding the valuation of, and disclosures related to, privately held company equity securities issued as compensation This Guide also provides expanded and more robust valuation material to reflect advances in the theory and practice of valuation since 2004. This edition includes guidance from FASB ASC 718, 505-50, 820-10 and SSVS 1 which were all issued since the last AICPA guidance dedicated to this issue.

The Income Approach to Property Valuation

The Income Approach to Property Valuation
Author: Andrew Baum,David Mackmin,Nick Nunnington
Release: 2017-12-22
Editor: Routledge
Pages: 386
ISBN: 9781317267003
Language: en
Available for:

DESCRIPTION BOOK:

A classic textbook that has guided generations of students through the intricacies of property valuation, The Income Approach to Property Valuation remains a keen favourite amongst students and teachers alike. This new edition has been thoroughly revised and updated to meet the increasingly international perspectives of modern Real Estate students. The links between theory and practice are clearly demonstrated throughout, with a range of new international case studies and practice-based examples. The Income Approach to Property Valuation teaches readers: how to analyse market rents and sales prices to derive market evidence to support an opinion of market value; the investment method of valuation and how it is applied in practice; how specific legal factors can impact on market value when they interfere with market forces; what the market and the profession may consider to be the 'right' methodology in today's market place; and how to use spreadsheets in valuation. This extensively revised new edition is perfect both for students on Real Estate courses worldwide and for professional candidates working towards their final assessment of professional competence (APC) for the Royal Institution of Chartered Surveyors, needing to demonstrate a valuation competence at levels 2 and 3.

Valuation Handbook U S Guide to Cost of Capital

Valuation Handbook   U S  Guide to Cost of Capital
Author: Roger J. Grabowski,James P. Harrington,Carla Nunes
Release: 2017-06-09
Editor: John Wiley & Sons
Pages: 269
ISBN: 9781119446057
Language: en
Available for:

DESCRIPTION BOOK:

The Valuation Handbook – U.S. Guide to Cost of Capital, 2011 Essentials Edition includes two sets of valuation data: Data previously published in the 2011 Duff & Phelps Risk Premium Report Data previously published in the Morningstar/Ibbotson 2011 Stocks, Bonds, Bills, and Inflation (SBBI) Valuation Yearbook The Valuation Handbook – 2011 U.S. Essentials Edition includes data through December 31, 2010, and is intended to be used for 2011 valuation dates. The Valuation Handbook – U.S. Guide to Cost of Capital, Essentials Editions are designed to function as historical archives of the two sets of valuation data previously published annually in: The Morningstar/Ibbotson Stocks, Bonds, Bills, and Inflation (SBBI) Valuation Yearbook from 1999 through 2013 The Duff & Phelps Risk Premium Report from 1999 through 2013 The Duff & Phelps Valuation Handbook – U.S. Guide to Cost of Capital from 2014 The Valuation Handbook – U.S. Essentials Editions are ideal for valuation analysts needing "historical" valuation data for use in: The preparation of carve-out historical financial statements, in cases where historical goodwill impairment testing is necessary Valuing legal entities as of vintage date for tax litigation related to a prior corporate restructuring Tax litigation related to historical transfer pricing policies, etc. The Valuation Handbook – U.S. Essentials Editions are also designed to serve the needs of: Corporate finance officers for pricing or evaluating mergers and acquisitions, raising private or public equity, property taxation, and stakeholder disputes Corporate officers for the evaluation of investments for capital budgeting decisions Investment bankers for pricing public offerings, mergers and acquisitions, and private equity financing CPAs who deal with either valuation for financial reporting or client valuations issues Judges and attorneys who deal with valuation issues in mergers and acquisitions, shareholder and partner disputes, damage cases, solvency cases, bankruptcy reorganizations, property taxes, rate setting, transfer pricing, and financial reporting For more information about Duff & Phelps valuation data resources published by Wiley, please visit www.wiley.com/go/valuationhandbooks.

Modern Methods of Valuation

Modern Methods of Valuation
Author: David Mackmin,Gary Sams
Release: 2012-11-27
Editor: Taylor & Francis
Pages: 551
ISBN: 9781136148385
Language: en
Available for:

DESCRIPTION BOOK:

The new and improved eleventh edition of this essential valuation textbook reflects the changes in the property market since 2009, whilst presenting the tried and tested study of the principles governing the valuation of land, houses and buildings of the previous editions. The eleventh edition is fully up-to-date with latest guidelines, statutes and case law, including the implications of the latest RICS Red Book and the Localism Act. Its comprehensive coverage of the legal, economic and technical aspects of valuation make this book a core text for most University and College Real Estate Programmes and to provide trainees (APC Candidates) and practitioners with current and relevant guidance on the preparation of valuations for statutory purposes. Over the twenty eight chapters, the author team of experienced valuation experts present detailed accounts of the application of these principles to the everyday problems met in practice. This new edition continues to be of excellent value to both students and practitioners alike as it provides the reader with a clear understanding of the methods and techniques of valuation.

Trademark Valuation

Trademark Valuation
Author: Gordon V. Smith,Susan M. Richey
Release: 2013-11-25
Editor: John Wiley & Sons
Pages: 368
ISBN: 9781118245262
Language: en
Available for:

DESCRIPTION BOOK:

A practical and useful resource for valuing trademarks The Second Edition of Trademark Valuation is a fresh presentation of basic valuation principles, together with important recent changes in worldwide financial reporting regulations and an update on the current worldwide legal conditions and litigation situation as they relate to trademarks. A new section discussing issues surrounding valuation of counterfeits and the economic effects of trademark counterfeiting is included in this informative Second Edition. Considers methods to determine the real value of your trademark and exploit its full potential Offers dozens of case studies that illustrate how to apply valuation methods and strategies to real-world situations Communicates complex legal and financial concepts, terms, principles, and practices in plain English Discusses GATT, NAFTA, emerging markets, and other international trademark considerations

Environmental Valuation with Discrete Choice Experiments

Environmental Valuation with Discrete Choice Experiments
Author: Petr Mariel,David Hoyos,Jürgen Meyerhoff,Mikolaj Czajkowski,Thijs Dekker,Klaus Glenk,Jette Bredahl Jacobsen,Ulf Liebe,Søren Bøye Olsen,Julian Sagebiel,Mara Thiene
Release: 2020-11-30
Editor: Springer Nature
Pages: 136
ISBN: 9783030626693
Language: en
Available for:

DESCRIPTION BOOK:

This open access book offers up-to-date advice and practical guidance on how to undertake a discrete choice experiment as a tool for environmental valuation. It discusses crucial issues in designing, implementing and analysing choice experiments. Compiled by leading experts in the field, the book promotes discrete choice analysis in environmental valuation through a more solid scientific basis for research practice. Instead of providing strict guidelines, the book helps readers avoid common mistakes often found in applied work. It is based on the collective reflections of the scientific network of researchers using discrete choice modelling in the field of environmental valuation (www.envecho.com).

Equity Markets Valuation and Analysis

Equity Markets  Valuation  and Analysis
Author: H. Kent Baker,Greg Filbeck,Halil Kiymaz
Release: 2020-09-01
Editor: John Wiley & Sons
Pages: 448
ISBN: 9781119632931
Language: en
Available for:

DESCRIPTION BOOK:

Sharpen your understanding of the financial markets with this incisive volume Equity Markets, Valuation, and Analysis brings together many of the leading practitioner and academic voices in finance to produce a comprehensive and empirical examination of equity markets. Masterfully written and edited by experts in the field, Equity Markets, Valuation, and Analysis introduces the basic concepts and applications that govern the area before moving on to increasingly intricate treatments of sub-fields and market trends. The book includes in-depth coverage of subjects including: · The latest trends and research from across the globe · The controversial issues facing the field of valuation and the future outlook for the field · Empirical evidence and research on equity markets · How investment professionals analyze and manage equity portfolios This book balances its comprehensive discussion of the empirical foundations of equity markets with the perspectives of financial experts. It is ideal for professional investors, financial analysts, and undergraduate and graduate students in finance.

Real Estate Valuation Theory

Real Estate Valuation Theory
Author: Manya M. Mooya
Release: 2016-03-17
Editor: Springer
Pages: 185
ISBN: 9783662491645
Language: en
Available for:

DESCRIPTION BOOK:

This monograph critically reviews and updates real estate valuation theory, which is based on neoclassical economics, in light of developments in heterodox economic theory. Building on a comprehensive historical account of the evolution of value theory, the book uses new institutional economics theory and critical realism as lenses through which problems in standard valuation theory and practice are expatiated, and as the foundation for an alternative theory. The new theory is employed to explain major problems in real estate valuation that are beyond the capability of the standard theory, such as price bubbles in real estate markets, anchoring bias, client influence and valuation under uncertain market conditions.

The Stated Preference Approach to Environmental Valuation Volumes I II and III

The Stated Preference Approach to Environmental Valuation  Volumes I  II and III
Author: Richard T. Carson
Release: 2018-12-20
Editor: Routledge
Pages: 1880
ISBN: 9781351881562
Language: en
Available for:

DESCRIPTION BOOK:

There is a truly enormous literature on using stated preference information to place a monetary value on environmental amenities. This three volume set provides the key papers for understanding the historical development of contingent valuation, its theoretical and statistical foundations, and the major controversies. It also contains representative papers covering all of the major application areas in environmental valuation.

Nonlinear Valuation and Non Gaussian Risks in Finance

Nonlinear Valuation and Non Gaussian Risks in Finance
Author: Dilip B. Madan,Wim Schoutens
Release: 2022-02-03
Editor: Cambridge University Press
Pages: 283
ISBN: 9781316518090
Language: en
Available for:

DESCRIPTION BOOK:

Explore how market valuation must abandon linearity to deliver efficient resource allocation.

Assessed Valuation of Property and Amounts and Rates of Levy

Assessed Valuation of Property and Amounts and Rates of Levy
Author: Etats-Unis. Bureau of the Census
Release: 1915
Editor: Unknown
Pages: 192
ISBN: NYPL:33433022374098
Language: en
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DESCRIPTION BOOK:

Valuation

Valuation
Author: Rajesh Kumar
Release: 2015-11-05
Editor: Academic Press
Pages: 514
ISBN: 9780128025437
Language: en
Available for:

DESCRIPTION BOOK:

Valuation: Theories and Concepts provides an understanding on how to value companies that employ non-standard accounting procedures, particularly companies in emerging markets and those that require a wider variety of options than standard texts provide. The book offers a broader, more holistic perspective that is perfectly suited to companies and worldwide markets. By emphasizing cases on valuation, including mergers and acquisition valuation, it responds to the growing expectation that students and professionals must generate comprehensive perspectives based on thorough investigations and a library of valuation theories. Readers will gain a better understanding of the development of complete analyses, including trend analysis of financial parameters, ratio analysis, and differing perspectives on valuation and strategic initiatives. Case studies include stock market performance and synergies and the intrinsic value of the firm are compared with offer price. In addition, full data sets for each chapter are available online. Provides an understanding on how to value companies that employ non-standard accounting procedures, particularly companies in emerging markets Gives readers the ability to compare the intrinsic value of the firm with the offer price Showcases a variety of valuation techniques and provides details about handling each part of the valuation process Each case has data in excel spreadsheets for all companies, and data sets for each chapter are available online