Damodaran On Valuation, 2nd Ed

In order to be a successful CEO or corporate strategist, or an analyst properly valuing competing firms, Damodaran on Valuation stands out as the most comprehensive book on these subtle but critical valuation questions. Now completely revised and updated, it is the ideal book on valuation for CEOs and corporate strategists, and a perfect complement to the widely popular “nuts and bolts” valuation classic, Investment Valuation 2/e. Damodaran on Valuation will not only convince you of the vitality of the many valuation models available to you, it will help ensure that you develop the acumen needed for the most complex and subtle valuation scenarios.

Table of contents :

· Introduction to Valuation
· Estimating Discount Rates
· Measuring Cash Flows
· Forecasting Cash Flows
· Equity Discounted Cash Flow Models
· Firm Valuation Models
· Relative Valuation: First Principles
· Equity Multiples
· Value Multiples
· Cash, Cross Holdings and Other Assets
· Employee Equity Options and Compensation
· The Value of Intangibles
· The Value of Control
· The Value of Liquidity
· The Value of Synergy
· The Value of Transparency
· The Cost of Distress
· Closing Thoughts


Market Description :
· CEOs
· Corporate Strategists and other Senior Executives
· Investment Analysts
· Professors
· Students

About Author :
Aswath Damodaran is 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 named one of the nation’s top business school teachers by Business Week in 1994. In addition, Damodaran teaches training courses in corporate finance and valuation at many leading investment banks. His publications include Investment Valuation; Corporate Finance; Investment Management; Investment Philosophies; and Applied Corporate Finance, all published by Wiley, and The Dark Side of Valuation and Investment Fables.