Corporate Valuation for Portfolio Investment: Analyzing Assets, Earnings, Cash Flow, Stock Price, Governance, and Special Situations
| Author | : | |
| Rating | : | 4.93 (858 Votes) |
| Asin | : | 1576603172 |
| Format Type | : | paperback |
| Number of Pages | : | 556 Pages |
| Publish Date | : | 2013-03-20 |
| Language | : | English |
DESCRIPTION:
This book is a comprehensive analysis of all aspects of the valuation of stocks. This book provides a comprehensive overview of the necessary tools and diverse methods of valuing equity securities. The authors examine and explain the basic financial statements and key ratios that are employed in valuing stocks. They provide a comprehensive analysis of each of the primary methods developed for making valuations, including the use of multiples and comparables, technical analys. If you only have an hour to read on investing, choose this book From Enron to Lehman Brothers and the subprime financial disaster, we've seen the worst decade ever in my lifetime for equities, down 3.3%. Is it time to start stuffing our money into the mattress or is it time to learn something about corporate valuation from two experts?Corporate Valuation for Portfolio Investment will inevitably be compared with Security Analysis: The Classic 193If you only have an hour to read on investing, choose this book JamesMcRitchie From Enron to Lehman Brothers and the subprime financial disaster, we've seen the worst decade ever in my lifetime for equities, down 3.3%. Is it time to start stuffing our money into the mattress or is it time to learn something about corporate valuation from two experts?Corporate Valuation for Portfolio Investment will inevitably be compared with Security Analysis: The Classic 1934 Edition by . Edition by . "Comprehensive, sound, practical, and highly readable." according to Alfred Rappaport. You can estimate the value of any asset, including corporate shares, by forecasting future cash flows and discounting them back to the present. Simple enough. Why then does it take this splendid book over 500 pages to help investors value corporate equity? The unavoidable answer is that corporate equity valuation is devilishly difficult. While a company specifies the interest cash flows and the
A detailed guide to the discipline of corporate valuation Designed for the professional investor who is building an investment portfolio that includes equity, Corporate Valuation for Portfolio Investment takes you through a range of approaches, including those primarily based on assets, earnings, cash flow, and securities prices, as well as hybrid techniques.Along the way, it discusses the importance of qualitative measures such as governance, which go well beyond generally accepted accounting principles and international financial reporting standards, and addresses a variety of special situations in the life cycle of businesses, including initial public offerings and bankruptcies. Engaging and informative, Corporate Valuation for Portfolio Investment also contains formulas, checklists, and models that the authors, or other experts, have found useful in making equity investments.Presents more than a dozen hybrid approaches to valuation, explaining their relevance to different types of investorsCharts stock market trends, both verbally and visually, enabling investors to think like traders when neededOffers valuation guidanc
And they should. "Bob Monks' new book, Corporate valuation for portfolio investment: analyzing assets, earnings, cash flow, stock price, governance and special situations, is a massive tome, weighing in at more than 550 pages that are really aimed at institutional investors The book is eminently readable, exhaustively treating the subject in simple but engaging language, and using practical examples wherever possible. It admits the hazards of ‘determining the present value of future worth’ and that, ‘despite GAAP and IFRS, financial reports rema