Investment valuation : tools and techniques for determining the value of any asset

Preface:
1. Introduction to Valuation
2. Approaches to valuation
3. Understanding Financial Statements
4. The Basics of Risk
5. Option Pricing Theory and Models
6. Market Efficiency—Definition, Tests, and Evidence
7. Riskless Rates and Risk Premiums
8. Estimating Risk Parameters and Costs of Financing
9. Measuring Earnings
10. From Earnings to Cash Flows
11. Estimating Growth
12. Closure in valuation : estimating Terminal Value
13. Dividend Discount Models
14. Free Cash Flow to Equity Discount Models
15. Firm Valuation: Cost of Capital and Adjusted Present Value Approaches
16. Estimating Equity Value per Share
17. Fundamental Principles of Relative Valuation
18. Earnings Multiples
19. Book value Multiples
20. Revenue Multiples and Sector-Specific Multiples
21. Valuing Financial Service Firms
22. Valuing Firms with Negative Earnings
23. Valuing Young or Start-Up Firms
24. Valuing Private Firms
25. Acquisitions and Takeovers
26. Valuing Real Estate
27. Valuing Other Assets
28. The Option to Delay and Valuation Implications
29. The Options to Expand and to Abandon: Valuation Implications
30. Valuing Equity in Distressed Firms
31. Value Enhancement: A Discounted Cash Flow Valuation Framework
32. Value Enhancement: Economic Value Added, Cash Flow Return on Investment, and Other Tools
33. Valuing Bonds
34. Valuing futures and forward contracts
35. Over and Conclusion
References
Index

Provides instructions on how to value various types of asset-stocks, bonds, options, real assets, and more. This work shows you the models used to value different types of assets and the elements of these models, and how to choose the right model for any given asset valuation scenario. It also addresses valuation of unconventional assets.