Applied valuation : a pragmatic approach

Table of Contents: 1.Introduction 2.Projections 3.Discount Rates 4.Terminal Value 5.Value of Operations to Equity Value Per Share 6.Accounting for Uncertainty 7.Other Discounted Cash Flow Approaches 8.Relative Valuation 9.Valuation of Walmart 10.Valuation of Tesla

This book explores valuation, a complex art and science, and its application in practice. It provides practical solutions aligned with valuation principles and explains the implications of common approaches. Valuation is case-specific, and changes in conditions can alter the approach. The book provides in-depth case studies of Walmart and Tesla, examining concepts like projections, discount rates, terminal value, and relative valuation. It covers data assumptions, factor methods, residual and outlier analysis, and integration with neural networks and time series methods. Suitable for graduate-level courses in social science and quantitative methods.