The Dark Side of Valuation: Valuing Young, Distressed, and Complex BusinessesRenowned valuation expert Aswath Damodaran reviews the core tools of valuation, examines today’s most difficult estimation questions and issues, and then systematically addresses the valuation challenges that arise throughout a firm’s lifecycle in The Dark Side of Valuation: Valuing Young, Distressed and Complex Businesses.
In this thoroughly revised edition, he broadens his perspective to consider all companies that resist easy valuation, highlighting specific types of hard-to-value firms, including commodity firms, cyclical companies, financial services firms, organizations dependent on intangible assets, and global firms operating diverse businesses. He covers the entire corporate lifecycle, from “idea” and “nascent growth” companies to those in decline and distress, and offers specific guidance for valuing technology, human capital, commodity, and cyclical firms. · |
Contents
1 | |
22 | |
Scenario Analysis Decision Trees and Simulations | 64 |
Chapter 4 Relative Valuation | 90 |
Chapter 5 Real Options Valuation | 114 |
A Risky RiskFree Rate | 144 |
Assessing the Price of Risk | 168 |
The Real Economy | 194 |
Mature Companies | 312 |
Declining Companies | 361 |
Cyclical and Commodity Companies | 417 |
Financial Services Companies | 449 |
Firms with Intangible Assets | 476 |
EmergingMarket Companies | 505 |
Multibusiness Global Companies | 535 |
Vanquishing the Dark Side | 568 |
Other editions - View all
The Dark Side of Valuation: Valuing Young, Distressed and Complex Businesses Aswath Damodaran No preview available - 2010 |