'Dcf valuation' diaporamas de présentation

A Philosophical Basis for Valuation

A Philosophical Basis for Valuation. A philosophical basis for Valuation. Many investors believe that the pursuit of 'true value ' based upon financial fundamentals is a fruitless one in markets where prices often seem to have little to do with value.

1.8k views • 144 slides

Chia-Chia Hu Evangelos Kalogiropoulos Pragnesh Podar Joseph Vaccaro Dec 2, 2008

MEMC Electronic Materials Inc. (WFR). Chia-Chia Hu Evangelos Kalogiropoulos Pragnesh Podar Joseph Vaccaro Dec 2, 2008. Presentation Outline. Company Overview Macroeconomic review and industry trends Historical Financial Analysis Portfolio Positioning Peer group comparison

618 views • 43 slides

DCF MODEL

DCF MODEL. Discount Cash Flow (DCF) Valuation. An important concept in valuing assets Not just companies Basis of Fundamental Analysis Intrinsic value of a company Cash flows Time value of money Opportunity cost Financial statement analysis Change the way you look at things in life?.

1.69k views • 39 slides

Fundamental Equity Analysis

483 views • 29 slides

Kaushik Andra, Ishan Prasad, Shicheng Tang, Lingtao Zhou April 25, 2013

421 views • 28 slides

Stock Analysis: Materials

Stock Analysis: Materials. Andrew Givens March 6, 2007 Student Investment Management. Executive Summary. Sell entire position of Deltic Timber 7,000 shares Buy equivalent amount of Dow Chemicals (DOW) 8,177 shares Maintain current underweighting in materials sector. Agenda.

334 views • 26 slides

The Timken Company (TKR)

496 views • 24 slides

An Introduction to Valuation

655 views • 23 slides

The Weighted Average Cost of Capital

ICFI. The Weighted Average Cost of Capital. By : Else Fernanda, SE.Ak., M.Sc. Valuation Method. Valuation Method. Market Comparable. Dividend Discount Model. DCF : Discounted Cash Flow Method. Other Method.

433 views • 23 slides

An Introduction to Valuation

An Introduction to Valuation. Spring 2005 Aswath Damodaran. Some Initial Thoughts. " One hundred thousand lemmings cannot be wrong" Graffiti. We thought we were in the top of the eighth inning, when we were in the bottom of the ninth. Stanley Druckenmiller.

311 views • 21 slides

Alternative Valuation Techniques

Alternative Valuation Techniques. Economic Value Added (EVA). The Objective in Corporate Finance. Maximize the value of the firm Three ways to create value: Investment Decisions Financing Mix Reinvestment Policy. Classical DCF Valuation.

334 views • 21 slides

DCF Valuation: FCF and EVA Models

DCF Valuation: FCF and EVA Models. James L. Grant, Ph.D. JLG Research jim@jlgresearch.com. FCF and EVA Valuation. Free Cash Flow Formula Generating Cash Flow Estimates Valuation of Cash Flows Cost of Capital Variation EVA Valuation. EVA Valuation Model. Economic Profit Formula

508 views • 20 slides

An Introduction to Valuation

An Introduction to Valuation. Aswath Damodaran. Some Initial Thoughts. " One hundred thousand lemmings cannot be wrong" Graffiti. We thought we were in the top of the eighth inning, when we were in the bottom of the ninth. Stanley Druckenmiller. A philosophical basis for Valuation.

552 views • 15 slides

Simple Analysis and Parsimonious Forecasting

Simple Analysis and Parsimonious Forecasting. Vernon Gair. About the Company.

267 views • 12 slides

257 views • 12 slides

Session 16: More Earnings Multiples

Session 16: More Earnings Multiples. Aswath Damodaran. Value/Earnings and Value/Cashflow Ratios.

242 views • 11 slides

Approaches to valuation Discounted cash flow (DCF) valuation

Valuation plays a key role in many areas of finance: in corporate finance, mergers and acquisitions, and in portfolio management. Palepu and Healy, 2008:

288 views • 9 slides

Approaches to valuation Discounted cash flow (DCF) valuation

Valuation plays a key role in many areas of finance: in corporate finance, mergers and acquisitions, and in portfolio management. Some myths about valuation: Since valuation models are quantitative, valuation is objective A well-researched and well-done valuation is timeless

412 views • 8 slides

Drug Stores: Walmart

142 views • 5 slides

DCF Valuation II; Test

DCF Valuation II; Test. A Corporate Governance Discount. You are valuing a company with extremely poor corporate governance. The firm is badly managed and badly run and you have estimated a DCF value of $ 100 million for the firm. Should you discount this value for poor corporate governance Yes

161 views • 4 slides