Equity Valuation and Analysis: 5th Edition - Richard Sloan

Descriere YEO:

Equity Valuation and Analysis: 5th - Disponibil la libris.ro

Pe YEO găsești Equity Valuation and Analysis: 5th de la Richard Sloan, în categoria Education.

Indiferent de nevoile tale, Equity Valuation and Analysis: 5th Edition - Richard Sloan din categoria Education îți poate aduce un echilibru perfect între calitate și preț, cu avantaje practice și moderne.

Preț: 465 Lei

Caracteristicile produsului Equity Valuation and Analysis: 5th

• Brand: Richard Sloan
• Categoria: Education
• Magazin: libris.ro
• Ultima actualizare: 15-12-2024 01:42:32

Comandă Equity Valuation and Analysis: 5th Online, Simplu și Rapid

Prin intermediul platformei YEO, poți comanda Equity Valuation and Analysis: 5th de la libris.ro rapid și în siguranță. Bucură-te de o experiență de cumpărături online optimizată și descoperă cele mai bune oferte actualizate constant.

Descriere magazin:
WHY THIS BOOK?This book spans the void between the abstract theoretical treatment of equity valuation and the practical problem of valuing an actual company using real-world data. We give serious treatment to the underlying theory of financial analysis and valuation, but our main goal is to be able to arrive at a pragmatic answer to the important question, what is this company really worth? To answer this question, we adopt a different approach from other textbooks. The key differences can be summarized as follows:1. Our focus is on generating good financial statement forecasts. 2. We provide detailed practical guidance on how to obtain and analyze relevant real-world data. 3. We demystify the mechanics of equity valuation.Our overriding theme is that good forecasts of the future financial statements are the key input to a good valuation. Most other aspects of the valuation process are mechanical and can be programmed into a computer. In fact, this text refers often to eVal, a fancy Excel workbook that provides a template for these many mechanical tasks and is freely available. As with many other textbooks, we discuss topics like business strategy analysis, accounting analysis, financial ratio analysis, and so forth. However, we always do so with a clear view to how these analyses help us to generate better financial statement forecasts. We also provide plenty of advice on where to go to obtain the most relevant raw data. Armed with such a rich source of data, we are able to provide you with plenty of practical examples and limitless opportunities for you to practice doing your own analyses. A final goal of this book is to demystify the valuation process. In the past, we have seen students become lost in a sea of valuation formulas and inconsistent spreadsheet models. For example, students get confused as to whether they should use a DDM, DCF, or RIM valuation formula and whether they need to use the CAPM, APT, or MFM to estimate their WACC (and to how many decimal places). They become obsessed with learning acronyms and formulas but flounder when asked to provide a plausible valuation for an actual company. We demonstrate that these different formulas are easily reconciled and refocus students on developing the best set of financial forecasts to plug into these formulas. This reinforces our main point that the key to good valuations is good forecasts.HOW DOES ALL THIS HELP YOU? The theory of financial analysis and valuation is more compelling when l