Investment Valuation

Chapter 1: Introduction to Valuation.

Chapter 2: Approaches to Valuation.

Chapter 3: Understanding Financial Statements.

Chapter 4: The Basics of Risk.

Chapter 5: Option Pricing Theory and Models.

Chapter 6: Market Efficiency--Definition, Tests, and Evidence.

Chapter 7: Riskless Rates and Risk Premiums.

Chapter 8: Estimating Risk Parameters and Costs of Financing.

Chapter 9: Measuring Earnings.

Chapter 10: From Earnings to Cash Flows.

Chapter 11: Estimating Growth.

Chapter 12: Closure in Valuation: Estimating Terminal Value.

Chapter 13: Dividend Discount Models.

Chapter 14: Free Cash Flow to Equity Discount Models.

Chapter 15: Firm Valuation: Cost of Capital and Adjusted Present Value Approaches.

Chapter 16: Estimating Equity Value per Share.

Chapter 17: Fundamental Principles of Relative Valuation.

Chapter 18: Earnings Multiples.

Chapter 19: Book Value Multiples.

Chapter 20: Revenue Multiples and Sector-Specific Multiples.

Chapter 21: Valuing Financial Service Firms.

Chapter 22: Valuing Firms with Negative Earnings.

Chapter 23: Valuing Young or Start-Up Firms.

Chapter 24: Valuing Private Firms.

Chaptet 25: Acquisitions and Takeovers.

Chapter 26: Valuing Real Estate.

Chapter 27: Valuing Other Assets.

Chapter 28: The Option to Delay and Valuation Implications.

Chapter 29: The Options to Expand and to Abandon: Valuation Implications.

Chapter 30: Valuing Equity in Distressed Firms.

Chapter 31: Value Enhancement: A Discounted Cash Flow Valuation Framework.

Chapter 32: Value Enhancement: Economic Value Added, Cash Flow Return on Investment, and Other Tools.

Chapter 33: Valuing Bonds.

Chapter 34: Valuing Futures and Forward Contracts.

Chapter 35: Overview and Conclusion.

References.

Index.

ASWATH DAMODARAN is Associate Professor of Finance at New York University's Leonard N. Stern School of Business. He has been the recipient of numerous awards for outstanding teaching, including the NYU university-wide Distinguished Teaching Award, and was recently named one of the nation's top business school teachers by Business-Week. In addition, Damodaran teaches training courses in corporate finance and valuation at Deutsche Bank, Swiss Bank, Credit Suisse, J.P. Morgan, and Smith Barney. His publications include Damodaran on Valuation: Security Analysis for Investment and Corporate Finance, also published by Wiley. From a recognized authority on the valuation process-a powerful guide to valuing private companies, equities, bonds, options, futures, and more Investment Valuation Tools and techniques for determining the value of any asset In this indispensable book, noted valuation authority and acclaimed NYU finance professor Aswath Damodaran gives you expert instruction on how to value virtually any type of asset-private companies, bonds, stocks, real estate, and derivatives. Using real-world examples, he guides you through the theory and application of valuation models and highlights their strengths and weaknesses. He examines cases where the direct application of typical models often breaks down, including high growth, distressed, and private firms. A perfect guide for those who need to know more about the tricky business of valuation, Investment Valuation will be a valuable asset to everyone learning about this important investment process.