July 2009
Intermediate to advanced
600 pages
19h 50m
English
book
The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses, Second Edition
by Aswath Damodaran
Content preview from The Dark Side of Valuation: Valuing Young, Distressed, and Complex Businesses, Second Edition
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The Light Side of Valuation
While it is understandable that analysts, when confronted with the myriad uncertainties associated with valuing young companies, look for shortcuts, there is no reason why young companies cannot be valued systematically. This section begins by describing the foundations for estimating the intrinsic value of a young company. Then we will move on to consider how best to adapt relative valuation for the special characteristics of young companies. We will close with a discussion of how real options may be useful—at least when valuing some small businesses.
Discounted Cash Flow Valuation
To apply discounted cash flow models to valuing young companies, we will move systematically through the process of estimation, considering ...
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I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.