Corporate Valuation A Practical Approach with Case Studies

This book provides students with basic knowledge and advance skills for addressing practical challenges in valuation. First, the book presents financial information as a vital ingredient for performing corporate valuation. Second, the book presents key concepts of value and valuation and basic techn...

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Bibliographic Details
Main Author: Kulwizira Lukanima, Benedicto
Format: eBook
Language:English
Published: Cham Springer International Publishing 2023, 2023
Edition:1st ed. 2023
Series:Classroom Companion: Business
Subjects:
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Part I: The Concept of Value, Existence of a Firm, and The Objective Value Maximization
  • AN OVERVIEW OF CORPORATE VALUATION
  • CORPORATE VALUE CREATION
  • TIME VALUE OF MONEY
  • SECURITY MARKETS
  • Part II: Financial Information as a Source of Valuation Inputs
  • OVERVIEW OF FINANCIAL INFORMATION
  • THE BASICS OF FINANCIAL STATEMENT ANALYSIS
  • PROFITABILITY ANALYSIS
  • FINANCIAL LEVERAGE ANALYSIS
  • MARKET PERCEPTION ANALYSIS
  • FREE CASH FLOWS
  • Part III: The Cost of Capital
  • OVERVIEW OF CAPITAL STRUCTURE AND COST OF CAPITAL
  • THE COST OF EQUITY
  • THE COST OF DEBT
  • Part IV: Intrinsic Valuation
  • ESTIMATING GROWTH RATES
  • FREE CASH FLOW DISCOUNT MODELS – COST OF CAPITAL APPROACH
  • FREE CASH FLOW DISCOUNT MODELS – ADJUSTED PRESENT VALUE APPROACH
  • DIVIDEND DISCOUNT MODELS
  • FURTHER ISSUES WITH CASH FLOW DISCOUNT MODELS
  • Part V: Relative Valuation
  • OVERVIEW OF RELATIVE VALUATION
  • RELATIVE EQUITY VALUATION
  • RELATIVE ENTERPRISE VALUATION
  • APPLICATION OF RELATIVE VALUATION.