投资估价 第2大学版INVESTMENT VALUATION

分類: 图书,进口原版书,经管与理财 Business & Investing ,
作者: by Aswath Damodaran著
出 版 社: 吉林长白山
出版时间: 2002-12-1字数:版次: 1页数: 992印刷时间: 2002/12/01开本:印次:纸张: 胶版纸I S B N : 9780471414902包装: 平装编辑推荐
作者简介:
ASWATH DAMODARAN is Professor of Finance at New York University’s Leonard N. Stern School of Business. He has been the recipient of numerous awards for outstanding teaching, including the NYU university-wide Distinguished Teaching Award, and was named one of the nation’s top business school teachers by Business Week in 1994. In addition, Damodaran teaches training courses in corporate finance and valuation at many leading investment banks. His publications include Damodaran on Valuation; Investment Valuation; Corporate Finance; Investment Management; and Applied Corporate Finance, all published by Wiley, and The Dark Side of Valuation.
内容简介
Investment Valuation
Tools and Techniques for Determining the Value of Any Asset
Valuation is at the heart of every investment decision, whether that decision is to buy, sell, or hold. But the pricing of any financial asset has become a more complex task in modern financial markets. Now completely revised and fully updated to reflect changing market conditions, Investment Valuation, Second Edition, provides expert instruction on how to value virtually any type of asset-stocks, bonds, options, futures, real assets, and much more.
Noted valuation authority and acclaimed NYU finance professor Aswath Damodaran uses real-world examples and the most current valuation tools, as he guides you through the theory and application of valuation models and highlights their strengths and weaknesses.
Expanded coverage addresses:
* Valuation of unconventional assets, financial service firms, start-ups, private companies, dot-coms, and many other traditionally valued assets
* Risk in foreign countries and how best to deal with it
* Using real option theory and option pricing models in valuing business and equity
* The models used to value different types of assets and the elements of these models
* How to choose the right model for any given asset valuation scenario
* Online real-time valuations that are continually updated at www.damodaran.com
A perfect guide for those who need to know more about the tricky business of valuation, Investment Valuation, Second Edition, will be a valuable asset for anyone learning about this critical part of the investment process.
目录
Chapter 1: Introduction to Valuation
Chapter 2: Approaches to Valuation
Chapter 3: Understanding Financial Statements
Chapter 4: The Basics of Risk
Chapter 5: Option Pricing Theory and Models
Chapter 6: Market Efficiency—Definition, Tests, and Evidence
Chapter 7: Riskless Rates and Risk Premiums
Chapter 8: Estimating Risk Parameters and Costs of Financing
Chapter 9: Measuring Earnings
Chapter 10: From Earnings to Cash Flows
Chapter 11: Estimating Growth
Chapter 12: Closure in Valuation: Estimating Terminal Value
Chapter 13: Dividend Discount Models
Chapter 14: Free Cash Flow to Equity Discount Models
Chapter 15: Firm Valuation: Cost of Capital and Adjusted Present Value Approaches
Chapter 16: Estimating Equity Value per Share
Chapter 17: Fundamental Principles of Relative Valuation
Chapter 18: Earnings Multiples
Chapter 19: Book Value Multiples
Chapter 20: Revenue Multiples and Sector-Specific Multiples
Chapter 21: Valuing Financial Service Firms
Chapter 22: Valuing Firms with Negative Earnings
Chapter 23: Valuing Young or Start-Up Firms
Chapter 24: Valuing Private Firms
Chaptet 25: Acquisitions and Takeovers
Chapter 26: Valuing Real Estate
Chapter 27: Valuing Other Assets
Chapter 28: The Option to Delay and Valuation Implications
Chapter 29: The Options to Expand and to Abandon: Valuation Implications
Chapter 30: Valuing Equity in Distressed Firms
Chapter 31: Value Enhancement: A Discounted Cash Flow Valuation Framework
Chapter 32: Value Enhancement: Economic Value Added, Cash Flow Return on Investment, and Other Tools
Chapter 33: Valuing Bonds
Chapter 34: Valuing Futures and Forward Contracts
Chapter 35: Overview and Conclusion
References
Index