Valuation

Author: McKinsey & Company Inc.
Publisher: John Wiley & Sons
ISBN: 1118873734
Size: 51.93 MB
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McKINSEY'S TRUSTED GUIDE TO TEACHING CORPORATE VALUATION, NOW IN ITS 25TH YEAR Valuation, University Edition, Sixth Edition, is filled with the expert guidance from McKinsey & Company that students and professors have come to rely on. New to the fully revised and updated Sixth Edition: New case studies that clearly illustrate how vital valuation techniques and principles are applied in real-world situations Expanded content on advanced valuation techniques New content on the strategic advantages of value-based management that reflect the economic events of the past decade For twenty-five years Valuation has remained true to its core principles and offers a step-by-step approach to valuation, including: Analyzing historical performance Forecasting performance Estimating the cost of capital with practical tips Interpreting the results of a valuation in light of a company's competitive situation Linking a company's valuation multiples to the core drivers of its performance The University Edition contains End-of-Chapter Review Questions, helping students master key concepts from each chapter. Wiley also offers an Online Instructor's Manual with a full suite of learning resources for professors and students. www.wileyvaluation.com

Valuation

Author: Tim Koller
Publisher:
ISBN: 9780470424728
Size: 20.63 MB
Format: PDF
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Valuation Dcf Model Download

Author: McKinsey & Company Inc.
Publisher: John Wiley & Sons
ISBN: 1118873688
Size: 12.85 MB
Format: PDF, Docs
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McKinsey & Company's #1 best-selling guide to corporate valuation, now in its sixth edition Valuation is the single best guide of its kind, helping financial professionals worldwide excel at measuring, managing, and maximizing shareholder and company value. This new sixth edition provides insights on the strategic advantages of value-based management, complete detailed instruction, and nuances managers should know about valuation and valuation techniques as applied to different industries, emerging markets, and other special situations. The accompanying DCF model download allows you to complete computations automatically for error-free analysis and valuation of real companies. The model ensures that all important measures, such as return on investment capital and free cash flow are calculated correctly, so you can focus on the company's performance rather than computational errors. Valuation lies at the crossroads of corporate strategy and finance. In today's economy, it has become an essential role—and one that requires excellence at all points. This guide shows you everything you need to know, and gives you the understanding you need to be effective. Estimate the value of business strategies to drive better decision making Understand which business units a corporate parent is best positioned to own Assess major transactions, including acquisitions, divestitures, and restructurings Design a capital structure that supports strategy and minimizes risk As the valuation function becomes ever more central to long- and short-term strategy, analysts and managers need an authoritative reference to turn to for answers to challenging situations. Valuation stands ahead of the field for its reputation, quality, and prestige, putting the solutions you need right at your fingertips.

Valuation

Author: Tom Copeland
Publisher: John Wiley & Sons
ISBN: 9780471557180
Size: 75.70 MB
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Valuation

Author: Thomas E. Copeland
Publisher: John Wiley & Sons Inc
ISBN:
Size: 10.94 MB
Format: PDF, Kindle
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"This book on valuation represents fresh new thinking. The writing is clear and direct, combining the best academic principles with actual experience to arrive at value-increasing solutions." -J. Fred Weston Cordner Professor of Money and Financial Markets Graduate School of Management, UCLA "The book's clarity and comprehensive coverage make it one of the best practitioners' guides to valuation." -Financial Times In the global economy of the 1990s, investors move their money quickly and easily around the world in search of the greatest return. As such, it's essential for today's business graduates to understand the importance of measuring, managing, and maximizing shareholder value. Valuation illustrates how to take advantage of the American tradition of maximizing shareholder value, demonstrates how value-based management contributes to improved strategic thinking, and shows how managers at any level can create value for their companies. In addition, this book provides: A chapter featuring insights into the strategic advantages of value-based management Strategies for multibusiness valuation, and valuation for corporate restructuring, mergers, and acquisitions International comparisons of the cost of capital, differences in accounting procedures,and how valuation works in different countries A detailed case study showing how valuation techniques and principles are applied

Value

Author: McKinsey & Company Inc.
Publisher: John Wiley & Sons
ISBN: 9780470949085
Size: 61.16 MB
Format: PDF, Kindle
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An accessible guide to the essential issues of corporate finance While you can find numerous books focused on the topic of corporate finance, few offer the type of information managers need to help them make important decisions day in and day out. Value explores the core of corporate finance without getting bogged down in numbers and is intended to give managers an accessible guide to both the foundations and applications of corporate finance. Filled with in-depth insights from experts at McKinsey & Company, this reliable resource takes a much more qualitative approach to what the authors consider a lost art. Discusses the four foundational principles of corporate finance Effectively applies the theory of value creation to our economy Examines ways to maintain and grow value through mergers, acquisitions, and portfolio management Addresses how to ensure your company has the right governance, performance measurement, and internal discussions to encourage value-creating decisions A perfect companion to the Fifth Edition of Valuation, this book will put the various issues associated with corporate finance in perspective.

Valuation University Edition

Author: McKinsey & Company Inc.
Publisher: Wiley
ISBN: 9780471361916
Size: 80.90 MB
Format: PDF, Kindle
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Completely Updated, Over 200,000 Copies Sold! "A 'how-to' guide for corporate executives who want to get at the unrealized shareholder values trapped in public companies." —New York Times THE #1 guide TO CORPORATE VALUATION IS NOW BETTER THAN EVER! "The book's clarity and comprehensive coverage make it one ofthe best practitioners' guides to valuation." —Financial Times "Should serve very well the professional manager who wants to do some serious thinking about what really does contribute value to his or her firm and why." —The Journal of Finance "Valuation is like a Swiss army knife . . . you will be prepared for just about any contingency." —Martin H. Dubilier, Chairman of the Board, Clayton & Dubilier, Inc. "This book on valuation represents fresh new thinking. The writing is clear and direct, combining the best academic principles with actual experience to arrive at value-increasing solutions." —J. Fred Weston, cordner Professor of Money and Financial Markets, Graduate School of Management, UCLA System Requirements: Pentium II PC or greater Windows 98 or later 128MB RAM 20MB Hard Disk Space Excel 97 / 2000 (Alone or part of Office 97 / 2000) w/Report Manager & Analysis ToolPak installed and enabled. (Note: Formulas & Computations are not guaranteed in later versions of Excel) Video Display: 800 x 600 recommended

Essentials Of Corporate Financial Management

Author: Glen Arnold
Publisher: Pearson Education
ISBN: 9780273705086
Size: 49.95 MB
Format: PDF, Docs
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This text on corporate financial management covers topics such as project appraisal, risk and project appraisal, equity capital, debt finance, value-based management, capital structure, and dividend policy.

New Metrics For Value Based Management

Author: Annette Holler
Publisher: Springer Science & Business Media
ISBN: 3834984000
Size: 45.77 MB
Format: PDF
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Annette Holler introduces two new depreciation-adjusted value metrics. Furthermore, a case study illustrates the depreciation-related bias. A regression analysis adds to previous evidence on associations of value creation with stock returns and firm values.

Corporate Valuation

Author: Mario Massari
Publisher: John Wiley & Sons
ISBN: 1119003334
Size: 55.40 MB
Format: PDF, ePub, Mobi
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The value of a business is essneitally related to three main factors: its current operations, its future prospects and its embedded risk. The recent financial crisis completely reshaped the framework for each of these elements with a major impact on the concept of "value" and on the metrics to measure it. Corporations now do business in a context becoming progressively faster, more diverse and more interconnected so that also valuing their current operations is increasingly more complex. Secondly, forecasting future macro and business related dynamics is getting less standardized in a busines environment characterized by difficult-to-predict changes, both on the upside and on the downside, and by constant innovation. Thirdly, new types of risks and competition, so far unknown, are shaping both the operational and the financial side of enterprises, redfining the importance to manage uncertainty as a key element to achieve success. In this context, Corporate Valuation offers investment bankers and equity analysts many new insights. First, the book provides a more modern and thorough analysis of the idea of value. In an environment characterized by an increased complexity where the concept itself of value is challenged, the first part of the book provides a multidisciplinary perspective on valuation, which considers both accounting and financial principles. Second, the book introduce several new models and valuation techniques not featured in main valuation manuals, including the scenario-based valuation, the Montecarlo analysis, the advanced tools to perform relative valuation (eg harmonic mean, adjustments to take into account the leverage degree, structuring of deal multiples…). Finally, an ad hoc chapter will cover valuations in litigation and restructuring settings. The approach will be eminently practical with cases and numerical examples. The book will walk the reader through a map of the valuation approaches to use in the post–financial crisis explaining how to choose the models and how to enhance with advanced tools their accuracy. In particular, the book will specifically describe several sophisticated techniques which explicitly consider the centrality of the risk element, including: Scenario analysis Monte Carlo simulation Risk adjusted valuation multiples Cyclically adjusted valuation multiples Analysis and decomposition of deal multiples Valuations for litigation and restructuring purposes