INVESTMENT VALUATION-Tools & Techniques for Determining the Value of Any Asset

《INVESTMENT VALUATION-Tools & Techniques for Determining the Value of Any Asset》由会员上传分享，免费在线阅读，更多相关内容在学术论文-天天文库。

1、AswathDamodaranINVESTMENTVALUATION:SECONDEDITIONChapter1:IntroductiontoValuation3Chapter2:ApproachestoValuation16Chapter3:UnderstandingFinancialStatements37Chapter4:TheBasicsofRisk81Chapter5:OptionPricingTheoryandModels121Chapter6:MarketEfficiency:TheoryandModels152Chapter7:RisklessRate

2、sandRiskPremiums211Chapter8:EstimatingRiskParametersandCostsofFinancing246Chapter9:MeasuringEarnings311Chapter10:FromEarningstoCashFlows341Chapter11:EstimatingGrowth373Chapter12:ClosureinValuation:EstimatingTerminalValue425Chapter13:DividendDiscountModels450Chapter14:FreeCashflowtoEquit

3、yModels487Chapter15:FirmValuation:CostofCapitalandAPVApproaches533Chapter16:EstimatingEquityValuePerShare593Chapter17:FundamentalPrinciplesofRelativeValuation637Chapter18:EarningsMultiples659Chapter19:BookValueMultiples718Chapter20:RevenueandSector-SpecificMultiples760Chapter21:ValuingF

4、inancialServiceFirms802Chapter22:ValuingFirmswithNegativeEarnings847Chapter23:ValuingYoungandStart-upFirms891Chapter24:ValuingPrivateFirms928Chapter25:AcquisitionsandTakeovers969Chapter26:ValuingRealEstate1028Chapter27:ValuingOtherAssets1067Chapter28:TheOptiontoDelayandValuationImplicat

5、ions1090Chapter29:TheOptiontoExpandandAbandon:ValuationImplications1124Chapter30:ValuingEquityinDistressedFirms1155Chapter31:ValueEnhancement:ADiscountedCashflowFramework1176Chapter32:ValueEnhancement:EVA,CFROIandOtherTools1221Chapter33:ValuingBonds1256Chapter34:ValuingForwardandFutures

6、Contracts1308Chapter35:OverviewandConclusions1338References13591CHAPTER1INTRODUCTIONTOVALUATIONEveryasset,financialaswellasreal,hasavalue.Thekeytosuccessfullyinvestinginandmanagingtheseassetsliesinunderstandingnotonlywhatthevalueisbutalsothesourcesofthevalue.Anyassetcanbevalued,butsomea

7、ssetsareeasiertovaluethanothersandthedetailsofvaluationwillvaryfromcasetocase.Thus,thevaluationofashareofarealestatepropertywillrequiredifferentinformationandfollowadifferentformatthanthevaluationofapubliclytradedstock.Whatissurprising,however,isnotthedifferencesinvaluationtech