Valuation
Methods and Models in Applied Corporate Finance
Published on 25. September 2014
Book
Hardback
176 pages
978-0-13-290522-0 (ISBN)
Description
Master corporate valuation: the financial art and science of accurately valuing any business. George Chacko's Applied Corporate Finance: Valuation is the first valuation book to combine true academic rigor with the practical skills you need to successfully value companies in the real world. Renowned financial instructor and investment manager George Chacko focuses on concepts, techniques, tools, and methodologies that lead directly to accurate valuations, and explains each key concept with up-to-date examples. One step at a time, Chacko develops a practical, rigorous approach to conducting valuation, addressing the projection of financial statements, calculation of free cash flows, risk-adjusted cost of capital, and leading methodologies including WACC, flow-to-equity, and Adjusted Present Value (APV). By avoiding elementary content that financial managers, analysts, and MBA-level finance students already know, this book can focus more tightly on the realistic techniques and advanced issues practitioners are actually concerned with. Coverage includes: market value and accounting balance sheets, cash cycles, the DuPont formula, financial distress, and capital as a risk buffer; constructing pro-formas, projecting and bridging financing shortfalls, and planning sustainable growth; sources/uses of cash, cash income statements, pro-forma balance sheet changes, working capital, depreciation, and capital expenditures; risk-free cost, investment risks, and diversifiable vs. idiosyncratic risks; NPV, APV, Optimal Debt Ratios, Capital Structure Dynamics, Terminal Value Calculations, and more. For all finance professionals, analysts, and MBA students who need to sharpen their skills in valuation and related areas of corporate finance, accounting, or strategic planning.
More details
Language
English
Place of publication
Upper Saddle River
United States
Publishing group
Pearson Education (US)
Target group
College/higher education
Professional and scholarly
Dimensions
Height: 234 mm
Width: 161 mm
Thickness: 16 mm
Weight
380 gr
ISBN-13
978-0-13-290522-0 (9780132905220)
Schweitzer Classification
Persons
George Chacko is Associate Professor of Finance at Santa Clara University's Leavey School of Business and Founding Partner of HNC Advisors AG. He was formerly Associate Professor at Harvard Business School, Managing Director at State Street Bank, and Chief Investment Officer at Auda Alternative Investments. He holds a Ph.D. and M.A. in Business Economics from Harvard University and a B.S. from MIT.
Carolyn L. Evans is Senior Assistant Dean at the Leavey School of Business at Santa Clara University. She has worked at Intel Corporation, the Federal Reserve Bank of New York, the Federal Reserve Board of Governors, and the White House Council of Economic Advisers. She holds a Ph.D. and M.A. in Economics and a B.A. in East Asian Languages and Civilizations, all from Harvard University.
Carolyn L. Evans is Senior Assistant Dean at the Leavey School of Business at Santa Clara University. She has worked at Intel Corporation, the Federal Reserve Bank of New York, the Federal Reserve Board of Governors, and the White House Council of Economic Advisers. She holds a Ph.D. and M.A. in Economics and a B.A. in East Asian Languages and Civilizations, all from Harvard University.
Content
Preface x
Chapter 1 Introduction 1
Chapter 2 Financial Statement Analysis 15
Chapter 3 Financial Forecasting 45
Chapter 4 Free Cash Flows 69
Chapter 5 Cost of Capital 91
Chapter 6 Putting It All Together: Valuation Frameworks 127
Index 157
Chapter 1 Introduction 1
Chapter 2 Financial Statement Analysis 15
Chapter 3 Financial Forecasting 45
Chapter 4 Free Cash Flows 69
Chapter 5 Cost of Capital 91
Chapter 6 Putting It All Together: Valuation Frameworks 127
Index 157