Corporate Valuation for Portfolio Investment – Analyzing Assets, Earnings, Cash Flow, Stock Price Governance, and Special Situations Analyzing Assets, Earnings, Cash Flow, Stock Price, Governance, and Special Situations

A detailed guide to the discipline of corporate valuation

Designed for the professional investor who is building an investment portfolio that includes equity, Corporate Valuation for Portfolio Investment takes you through a range of approaches, including those primarily based on assets, earnings, cash flow, and securities prices, as well as hybrid techniques.

Along the way, it discusses the importance of qualitative measures such as governance, which go well beyond generally accepted accounting principles and international financial reporting standards, and addresses a variety of special situations in the life cycle of businesses, including initial public offerings and bankruptcies. Engaging and informative, Corporate Valuation for Portfolio Investment also contains formulas, checklists, and models that the authors, or other experts, have found useful in making equity investments.
* Presents more than a dozen hybrid approaches to valuation, explaining their relevance to different types of investors
* Charts stock market trends, both verbally and visually, enabling investors to think like traders when needed
* Offers valuation guidance based on less quantitative factors, namely management quality and factors relating to the company and the economy


Corporate Valuation for Portfolio Investment puts this dynamic discipline in perspective and presents proven ways to determine the value of corporate equity securities for the purpose of portfolio investment.

Every portfolio manager faces the same question every day: What is a company's true value? That value can be measured in many ways: assets, earnings, cash flow, governance, stock price, and more. Corporate value is a moving target, and it is clear that corporate valuation is easier to talk about than do. A realistic assessment of value is key to investing success. This guide gives a comprehensive overview of corporate valuation. Institutional investors will find practical and insightful information to help understand and evaluate a corporation's value. The authors explain which elements matter most and how they should be analyzed.

A detailed guide to the discipline of corporate valuation Designed for the professional investor who is building an investment portfolio that includes equity, Corporate Valuation for Portfolio Investment takes you through a range of approaches, including those primarily based on assets, earnings, cash flow, and securities prices, as well as hybrid techniques. Along the way, it discusses the importance of qualitative measures such as governance, which go well beyond generally accepted accounting principles and international financial reporting standards, and addresses a variety of special situations in the life cycle of businesses, including initial public offerings and bankruptcies. Engaging and informative, Corporate Valuation for Portfolio Investment also contains formulas, checklists, and models that the authors, or other experts, have found useful in making equity investments. Presents more than a dozen hybrid approaches to valuation, explaining their relevance to different types of investors Charts stock market trends, both verbally and visually, enabling investors to think like traders when needed Offers valuation guidance based on less quantitative factors, namely management quality and factors relating to the company and the economy Corporate Valuation for Portfolio Investment puts this dynamic discipline in perspective and presents proven ways to determine the value of corporate equity securities for the purpose of portfolio investment.