Valuation: Measuring and Managing the Value of Companies, 5th Edition - Hardcover

McKinsey & Company Inc.; Koller, Tim; Goedhart, Marc; Wessels, David

Hardcover

ISBN 10: 0470424656 ISBN 13: 9780470424650

Publisher: Wiley, 2010

Synopsis

The number one guide to corporate valuation is back and better than ever

Thoroughly revised and expanded to reflect business conditions in today's volatile global economy, Valuation, Fifth Edition continues the tradition of its bestselling predecessors by providing up-to-date insights and practical advice on how to create, manage, and measure the value of an organization.

Along with all new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect new developments in corporate finance, changes in accounting rules, and an enhanced global perspective. Valuation, Fifth Edition is filled with expert guidance that managers at all levels, investors, and students can use to enhance their understanding of this important discipline.

• Contains strategies for multi-business valuation and valuation for corporate restructuring, mergers, and acquisitions
• Addresses how you can interpret the results of a valuation in light of a company's competitive situation
• Also available: a book plus CD-ROM package (978-0-470-42469-8) as well as a stand-alone CD-ROM (978-0-470-42457-7) containing an interactive valuation DCF model

Valuation, Fifth Edition stands alone in this field with its reputation of quality and consistency. If you want to hone your valuation skills today and improve them for years to come, look no further than this book.

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Review

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Title Investment Valuation Investment Valuation Valuation Equity Asset Valuation Tools and Techniques for Determining the Value of Any Asset Tools and Techniques for Determining the Value of any Asset Measuring and Managing the Value of Companies     Guide Type Professional Text Professional Text   Audience Level Professional Graduate Student Professional Professional and Student   Pages 992 992 811 464   Binding Hardcover Paperback Hardcover Hardcover   List Price $125.00 $95.00 $95.00 $95.00   Author(s) Damodaran Damodaran McKinsey & Company / Koller CFA / Pinto   Publication Date April, 2012 April, 2012 July, 2010 February, 2010   Imprint Wiley Wiley Wiley Wiley   Print Book 111801152X 1118130731 0470424656 0470571438   Kindle Book B007MF15VE B007MF15ZA B003YJF068 B0034DGPO0   Edition 3 3 5 2   Brief Description Comprehensive book by a leading voice in valuation and one of the nation's top business school professors. Comprehensive book by a leading voice in valuation and one of the nation's top business school professors. Best-selling guide to corporate valuation. Comprehensive approach to standard and advanced topics. Offers vital insights on equity valuation; has a separate companion workbook for practicing key concepts.

From the Inside Flap

Corporate finance is simpler and more intuitive than most people think. Yet, executives frequently make decisions that defy the core principles and their own intuition. They subscribe to the common wisdom of "The Street" instead of simple, common financial sense.

McKinsey's Valuation: Measuring and Managing the Value of Companies, Fifth Edition, provides the knowledge executives need to make value-creating decisions—replacing some of the myths that pervade the corporate world with proven principles of value creation.

Thoroughly revised and expanded to reflect business conditions in today's volatile global economy, Valuation, Fifth Edition provides up-to-date insights and practical advice on how to create, manage, and measure the value of an organization. Along with all new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect the events of the real estate bubble and its effect on stock markets, new developments in corporate finance, changes in accounting rules, and an enhanced global perspective.

Valuation, Fifth Edition is filled with expert guidance that managers at all levels, investors, and students have come to trust. It contains a solid framework for valuation:

• Analyzing historical performance, including reorganizing a company's financial statements to reflect economic rather than accounting performance
• Forecasting performance, with emphasis on not just the mechanics of forecasting but also how to think about a company's future economics
• Estimating the cost of capital with practical tips that aren't found in textbooks
• Interpreting the results of a valuation in light of a company's competitive situation
• Linking a company's valuation multiples to the core drivers of its performance

Hailed by financial professionals worldwide as the single best guide of its kind, Valuation, Fifth Edition remains true to its roots, with an extensive discussion on the complexity of measuring corporate performance to assess historical financial results properly and to gain insight into a company's ability to create value in the future (its corporate "health").

At the crossroads of corporate strategy and finance lies valuation. Filled with expert guidance and reliable advice, Valuation, Fifth Edition enables everyone from the budding professional to the seasoned manager to excel at measuring, managing, and maximizing shareholder and company value.

Edition details

• Publisher: Wiley
• Publication date: 2010
• ISBN 10: 0470424656
• ISBN 13: 9780470424650
• Binding: Hardcover
• Language: English
• Edition number: 5
• Number of pages: 840