Investment Valuation: Tools and Techniques for Determining the Value of any Asset, University Edition (Wiley Finance) - Softcover

Damodaran, Aswath

Softcover

ISBN 10: 1118130731 ISBN 13: 9781118130735

Publisher: Wiley, 2012

Synopsis

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 students of financial markets and investors, Aswath Damodaran'sInvestment Valuation.

Now completely revised and updated to reflect changing market conditions, this third edition comprehensively introduces students and investment professionals 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.

• An expansion of ancillaries include updated online databases, spreadsheets, and other educational support tools
• 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
• Revised examples of company valuations such as companies from Eastern Europe and Africa, which stress the global nature of modern valuation
• 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 students 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.

About this title

About the Author

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 BusinessWeek in 1994. In addition, Damodaran teaches training courses in corporate finance and valuation at many leading investment banks. His publications include Damodaran on Valuation: Security Analysis for Investment and Corporate Finance; Investment Valuation; Corporate Finance; Investment Management; and Applied Corporate Finance, all published by Wiley, and The Dark Side of Valuation.

From the Back Cover

INVESTMENT VALUATION

Third Edition

UNIVERSITY EDITION

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. Now completely revised and updated to reflect changing market conditions, the Third University Edition of Investment Valuation provides expert instruction on how to value virtually any type of asset stocks, bonds, options, futures, real assets, and much more.

Written by noted valuation authority and acclaimed New York University Stern Business School Professor Aswath Damodaran, this reliable resource uses real-world examples and the most current valuation tools to guide you through the theory and application of various valuation models. Along the way, it provides comprehensive coverage of:

• The valuation lessons learned from the recent market crisis
• Using real option theory and option pricing models in valuing business and equity
• Valuation of unconventional assets, financial service firms, start-ups, emerging market companies, and many other traditionally valued assets
• Probabilistic approaches in valuation, such as scenario analysis, decision trees, and simulations
• How to choose the right model for any given asset valuation scenario

A perfect guide for those who need to know more about the tricky business of valuation, the Third University Edition of Investment Valuation which includes an instructor's companion site will be an essential asset to anyone learning about this critical part of the investment process.

From the Inside Flap

INVESTMENT VALUATION

Third Edition

UNIVERSITY EDITION

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. Now completely revised and updated to reflect changing market conditions, the Third University Edition of Investment Valuation provides expert instruction on how to value virtually any type of asset—stocks, bonds, options, futures, real assets, and much more.

Written by noted valuation authority—and acclaimed New York University Stern Business School Professor—Aswath Damodaran, this reliable resource uses real-world examples and the most current valuation tools to guide you through the theory and application of various valuation models. Along the way, it provides comprehensive coverage of:

• The valuation lessons learned from the recent market crisis
• Using real option theory and option pricing models in valuing business and equity
• Valuation of unconventional assets, financial service firms, start-ups, emerging market companies, and many other traditionally valued assets
• Probabilistic approaches in valuation, such as scenario analysis, decision trees, and simulations
• How to choose the right model for any given asset valuation scenario

A perfect guide for those who need to know more about the tricky business of valuation, the Third University Edition of Investment Valuation—which includes an instructor's companion site—will be an essential asset to anyone learning about this critical part of the investment process.

Edition details

• Publisher: Wiley
• Publication date: 2012
• Language: English
• ISBN 10: 1118130731
• ISBN 13: 9781118130735
• Binding: Paperback
• Edition number: 3
• Number of pages: 992