Details

The Market Approach to Comparable Company Valuation

The Market Approach to Comparable Company Valuation


ZEW Economic Studies, Band 35

von: Matthias Meitner

96,29 €

Verlag: Physica-Verlag
Format: PDF
Veröffentl.: 18.08.2006
ISBN/EAN: 9783790817232
Sprache: englisch
Anzahl Seiten: 241

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Beschreibungen

Titelbeschreibung

<P>Corporate valuation using multiples is one of the most popular corporate valuation approaches. In this book, the different steps of this valuation approach such as the selection of comparable companies or the choice of the reference variables are discussed. Then, the circumstances required for a sound valuation (e.g., the degree of efficiency of the equity market) are described. Additionally, the book gives insight on how the state of the industry and/or the company has an impact on the proper choice of the reference variables. Finally, it is shown how multi-factor models can enrich the universe of valuation models. While always maintaining the academic rigor, the author addresses practice-relevant topics and delivers hands-on solutions for typical valuation problems.</P>

Inhaltsverzeichnis

Foundations of Comparable Company Valuation.- Interrelation of Comparable Company Selection and Valuation Model Choice.- Processing Comparable Company Valuation.- Empirical Study.- Concluding Remarks.

Back cover copy

<P>Corporate valuation using multiples is one of the most popular corporate valuation approaches. In this book, the different steps of this valuation approach such as the selection of comparable companies or the choice of the reference variables are discussed. Then, the circumstances required for a sound valuation (e.g., the degree of efficiency of the equity market) are described. Additionally, the book gives insight on how the state of the industry and/or the company has an impact on the proper choice of the reference variables. Finally, it is shown how multi-factor models can enrich the universe of valuation models. While always maintaining the academic rigor, the author addresses practice-relevant topics and delivers hands-on solutions for typical valuation problems.</P>

Sonderbeitrag

Includes supplementary material: sn.pub/extras