Valuation

Valuation will always be both an art and a science. This book will help you master both the science and the art. Concise, realistic, and easy to use, it brings together the fields best rules of thumb, helps you compare every key approach, and offers practical solutions for your most important valuation challenges. Leading practitioners Kenneth R. Ferris and Barbara S. Pe Petitt review the entire valuation process, offering real-world advice for both acquiring and valuing target companies. Next, they cover each of todays most important valuation techniques, including discounted cash flow analysis, earnings multiples analysis, adjusted present value analysis, economic value analysis, and real option analysis, as well as such related concerns as the accounting structure of a deal, accounting for goodwill, and much more.From traditional ROE analysis to the latest reporting and tax issues, this book doesnt just make valuation comprehensible: it gives you the tools and insight you need to make valuation work. Hands-on advice for acquiring and valuing target companiesAvoiding the process errors that lead to inaccurate valuation Examples and case studies from a wide variety of industries