Synopses & Reviews
A step-by-step guide to valuing companies, including financial institutions, conglomerates, and international and multinational businesses. Shows how to assess major transactions such as mergers, acquisitions, divestitures, recapitalizations, and share purchases. Provides practical valuation frameworks, supported by case studies, and discusses how to incorporate valuation into corporate strategy.
Table of Contents
COMPANY VALUE AND THE MANAGER'S MISSION.
Managing Value: Key to Winning Strategies.
The Value Manager.
Cash Is King.
CASH FLOW VALUATION: A PRACTITIONER'S GUIDE.
Framework for Valuation.
Forecasting Free Cash Flow.
Estimating the Cost of Capital.
Estimating Continuing Value.
Calculating and Interpreting Results.
APPLYING VALUATION.
Multibusiness Valuation.
Multinational Business Valuation.
Mergers and Acquisitions.
Using Option Pricing Methods to Value Flexibility.
Valuing Banks.
Appendices.
References.
Index.