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.