Investment Valuation - Tools and Techniques for Valuing Any As

Publication Date: April 17, 2012 | PDF




The definitive source of information on all topics related to investment valuation

tools and techniques.


Valuation is at the heart of any investment decision, whether that decision is buy,

sell or hold. But the pricing of many assets has become a more complex task in modern

markets, especially after the recent financial crisis. In order to be successful at

this endeavor, you must have a firm understanding of the proper valuation techniques.

One valuation book stands out as withstanding the test of time among investors and

students of financial markets, Aswath Damodaran'sInvestment Valuation.


Now completely revised and updated to reflect changing market conditions, this third

edition comprehensively introduces investment professionals and students to the range

of valuation models available and how to chose the right model for any given asset

valuation scenario. This edition includes valuation techniques for a whole host of

real options, start-up firms, unconventional assets, distressed companies and private

equity, and real estate. All examples have been updated and new material has been

added.


Fully revised to incorporate valuation lessons learned from the last five years, from

the market crisis and emerging markets to new types of equity investments
Includes valuation practices across the life cycle of companies and emphasizes value

enhancement measures, such as EVA and CFROI
Contains a new chapter on probabilistic valuation techniques such as decision trees

and Monte Carlo Simulation

Author Aswath Damodaran is regarded as one of the best educators and thinkers on the

topic of investment valuation


This indispensable guide is a must read for anyone wishing to gain a better

understanding of investment valuation and its methods. With it, you can take the

insights and advice of a recognized authority on the valuation process and

immediately put them to work for you.