The Dark side of valuation : valuing young, distressed and complex businesses
Damodaran, Aswath
The Dark side of valuation : valuing young, distressed and complex businesses - 2nd ed. - Noida Pearson India Education Services Pvt Ltd 2017 - 590p.
Financial professionals have long faced the challenge of accurately valuing companies that are difficult to value using conventional methodologies. Years ago, this challenge was most keenly felt in the "dot-com" industries and many professionals fell victim to the "dark side," creating values that were simply unsustainable. Now, amidst today's global financial crisis, the same challenge applies to a far wider spectrum of enterprises and assets, ranging from Asian equities to mortgage-backed securities, financial services firms like Lehman to real estate firms like Sears. In The Dark Side of Valuation, the world's top expert on valuation brings together today's best practices for accurately valuing young, distressed and complex businesses. Aswath Damodaran has thoroughly revised this book, broadening its perspective to consider all companies that resist easy valuation. He covers the entire corporate lifecycle, from "idea" and "nascent growth" companies to those in decline and distress; and offers specific guidance for valuing infrastructure, real estate, technology, human capital, commodity and cyclical firms. Damodaran places special emphasis on the financial sector, illuminating the implications of today's radically changed credit markets for valuation. Features Guide to valuing companies in all stages and industries, fully revised to reflect today's financial markets and crisis. Indispensable, up-to-the-minute guidance from the world's #1 expert in corporate valuation, Aswath Damodaran. Expanded to include detailed coverage of companies in financial services, real estate, infrastructure, human capital, commodity and cyclical markets. Answers crucial valuation questions that have suddenly emerged in the wake of the global financial crisis
9789386873255
Financial services
Credit markets for valuation
001.4 / DAM
The Dark side of valuation : valuing young, distressed and complex businesses - 2nd ed. - Noida Pearson India Education Services Pvt Ltd 2017 - 590p.
Financial professionals have long faced the challenge of accurately valuing companies that are difficult to value using conventional methodologies. Years ago, this challenge was most keenly felt in the "dot-com" industries and many professionals fell victim to the "dark side," creating values that were simply unsustainable. Now, amidst today's global financial crisis, the same challenge applies to a far wider spectrum of enterprises and assets, ranging from Asian equities to mortgage-backed securities, financial services firms like Lehman to real estate firms like Sears. In The Dark Side of Valuation, the world's top expert on valuation brings together today's best practices for accurately valuing young, distressed and complex businesses. Aswath Damodaran has thoroughly revised this book, broadening its perspective to consider all companies that resist easy valuation. He covers the entire corporate lifecycle, from "idea" and "nascent growth" companies to those in decline and distress; and offers specific guidance for valuing infrastructure, real estate, technology, human capital, commodity and cyclical firms. Damodaran places special emphasis on the financial sector, illuminating the implications of today's radically changed credit markets for valuation. Features Guide to valuing companies in all stages and industries, fully revised to reflect today's financial markets and crisis. Indispensable, up-to-the-minute guidance from the world's #1 expert in corporate valuation, Aswath Damodaran. Expanded to include detailed coverage of companies in financial services, real estate, infrastructure, human capital, commodity and cyclical markets. Answers crucial valuation questions that have suddenly emerged in the wake of the global financial crisis
9789386873255
Financial services
Credit markets for valuation
001.4 / DAM