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Dark Side of Valuation, The: Valuing Young, Distressed, and Complex Businesses

Dark Side of Valuation, The: Valuing Young, Distressed, and Complex Businesses

          
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About the Book

Renowned valuation expert Aswath Damodaran reviews the core tools of valuation, examines today’s most difficult estimation questions and issues, and then systematically addresses the valuation challenges that arise throughout a firm’s lifecycle in The Dark Side of Valuation: Valuing Young, Distressed and Complex Businesses.   In this thoroughly revised edition, he broadens his perspective to consider all companies that resist easy valuation, highlighting specific types of hard-to-value firms, including commodity firms, cyclical companies, financial services firms, organizations dependent on intangible assets, and global firms operating diverse businesses. He covers the entire corporate lifecycle, from “idea” and “nascent growth” companies to those in decline and distress, and offers specific guidance for valuing technology, human capital, commodity, and cyclical firms.  ·        

Table of Contents:
Preface     vi Chapter 1 The Dark Side of Valuation     1 Chapter 2 Intrinsic Valuation     22 Chapter 3 Probabilistic Valuation: Scenario Analysis, Decision Trees, and Simulations     64 Chapter 4 Relative Valuation     90 Chapter 5 Real Options Valuation     114 Chapter 6 A Shaky Base: A “Risky” Risk-Free Rate     144 Chapter 7 Risky Ventures: Assessing the Price of Risk     168 Chapter 8 Macro Matters: The Real Economy     194 Chapter 9 Baby Steps: Young and Start-Up Companies     213 Chapter 10 Shooting Stars? Growth Companies     263 Chapter 11 The Grown-Ups: Mature Companies     312 Chapter 12 Winding Down: Declining Companies     361 Chapter 13 Ups and Downs: Cyclical and Commodity Companies     417 Chapter 14 Mark to Market: Financial Services Companies     449 Chapter 15 Invisible Investments: Firms with Intangible Assets     476 Chapter 16 Volatility Rules: Emerging-Market Companies     505 Chapter 17 The Octopus: Multibusiness Global Companies     535 Chapter 18 Going Over to the Light: Vanquishing the Dark Side     568 Index     576


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Product Details
  • ISBN-13: 9780137036554
  • Publisher: Pearson Education (US)
  • Publisher Imprint: Addison Wesley
  • Language: English
  • Sub Title: Valuing Young, Distressed, and Complex Businesses
  • ISBN-10: 0137036558
  • Publisher Date: 19 Jun 2009
  • Binding: Digital download
  • No of Pages: 600


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