The definitive source of information on all topics related to
investment valuation tools and techniques
Valuation is at the heart of any investment decision, whether that
decision is buy, sell or hold. But the pricing of many assets has become
a more complex task in modern markets, especially after the recent
financial crisis. In order to be successful at this endeavor, you must
have a firm understanding of the proper valuation techniques. One
valuation book stands out as withstanding the test of time among
investors and students of financial markets, Aswath
Damodaran'sInvestment Valuation.
Now completely revised and updated to reflect changing market
conditions, this third edition comprehensively introduces investment
professionals and students to the range of valuation models available
and how to chose the right model for any given asset valuation scenario.
This edition includes valuation techniques for a whole host of real
options, start-up firms, unconventional assets, distressed companies and
private equity, and real estate. All examples have been updated and new
material has been added.
- Fully revised to incorporate valuation lessons learned from the last
five years, from the market crisis and emerging markets to new types
of equity investments
- Includes valuation practices across the life cycle of companies and
emphasizes value enhancement measures, such as EVA and CFROI
- Contains a new chapter on probabilistic valuation techniques such as
decision trees and Monte Carlo Simulation
- Author Aswath Damodaran is regarded as one of the best educators and
thinkers on the topic of investment valuation
This indispensable guide is a must read for anyone wishing to gain a
better understanding of investment valuation and its methods. With it,
you can take the insights and advice of a recognized authority on the
valuation process and immediately put them to work for you.
