The Dark Side of Valuation

Valuing Young, Distressed, and Complex Businesses

Business & Finance, Finance & Investing, Corporate Finance, Finance, Investments & Securities
Cover of the book The Dark Side of Valuation by Aswath Damodaran, Pearson Education
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Aswath Damodaran ISBN: 9780134854274
Publisher: Pearson Education Publication: April 24, 2018
Imprint: Pearson FT Press Language: English
Author: Aswath Damodaran
ISBN: 9780134854274
Publisher: Pearson Education
Publication: April 24, 2018
Imprint: Pearson FT Press
Language: English

The Definitive Guide to Valuing Hard-to-Value Companies: Fully Revised for Today’s Financial Markets

Valuing money-making companies that have long histories and established business models is straightforward. It is when you encounter difficult-to-value companies that you feel the urge to go over to the dark side of valuation—where you abandon first principles and create new metrics. Aswath Damodaran looks at a range of these companies, from start-ups in new businesses to distressed companies, from banks facing regulatory turmoil to commodity firms, and from emerging market upstarts to multinationals that spread across geographies and businesses. With each grouping, he helps you examine the call of the dark side and its practices and frameworks to value these firms.

To answer these questions, Aswath looks at companies across the life cycle and in different markets, from Uber and Shake Shack at one end of the spectrum to Vale, Royal Dutch, and United Technologies at the other end.

In the process, you learn how to

  • Deal with “abnormally low” and negative risk-free rates in valuation
  • Adapt to dynamic and changing risk premiums
  • Value young companies that are disrupting existing businesses
  • Analyze commodity and cyclical companies across cycles
  • Value a company as the sum of its parts or as an aggregation of its users/subscribers and customers
  • Determine the difference between pricing and valuation, and why some investments can only be priced
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

The Definitive Guide to Valuing Hard-to-Value Companies: Fully Revised for Today’s Financial Markets

Valuing money-making companies that have long histories and established business models is straightforward. It is when you encounter difficult-to-value companies that you feel the urge to go over to the dark side of valuation—where you abandon first principles and create new metrics. Aswath Damodaran looks at a range of these companies, from start-ups in new businesses to distressed companies, from banks facing regulatory turmoil to commodity firms, and from emerging market upstarts to multinationals that spread across geographies and businesses. With each grouping, he helps you examine the call of the dark side and its practices and frameworks to value these firms.

To answer these questions, Aswath looks at companies across the life cycle and in different markets, from Uber and Shake Shack at one end of the spectrum to Vale, Royal Dutch, and United Technologies at the other end.

In the process, you learn how to

More books from Pearson Education

Cover of the book Microsoft SharePoint 2013 Developer Reference by Aswath Damodaran
Cover of the book Photoshop Masking & Compositing by Aswath Damodaran
Cover of the book Analysis Without Paralysis by Aswath Damodaran
Cover of the book Joomla! Programming by Aswath Damodaran
Cover of the book How to Start Your Own Business for Entrepreneurs by Aswath Damodaran
Cover of the book Automated Option Trading by Aswath Damodaran
Cover of the book Mastering Securities Lending Documentation by Aswath Damodaran
Cover of the book Plug In with onOne Software by Aswath Damodaran
Cover of the book The Organized Chaos of Open Outcry and the Advent of Electronic Trading by Aswath Damodaran
Cover of the book DTrace by Aswath Damodaran
Cover of the book My Motorola Xoom by Aswath Damodaran
Cover of the book Doctor Faustus: York Notes for AS & A2 by Aswath Damodaran
Cover of the book Northanger Abbey: York Notes for AS & A2 by Aswath Damodaran
Cover of the book Work Wanted by Aswath Damodaran
Cover of the book Adapting to Web Standards by Aswath Damodaran
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy