Valuation: Measuring and Managing the Value of Companies, Fourth Edition | 
| Authors: Mckinsey & Company Inc., Tim Koller, Marc Goedhart, David Wessels
Publisher: Wiley
Category: Book
List Price: $85.00
Buy New: $46.45
You Save: $38.55 (45%)
New (46) Used (17) from $45.00
Avg. Customer Rating:  27 reviews
Sales Rank: 10662
Media: Hardcover
Edition: 4
Number Of Items: 1
Pages: 768
Shipping Weight (lbs): 3.2
Dimensions (in): 10 x 7.1 x 1.7
ISBN: 0471702188
Dewey Decimal Number: 658.15
UPC: 723812727360
EAN: 9780471702184
Publication Date: June 8, 2005
Availability: Usually ships in 1-2 business days
Condition: BRAND NEW
|
| Also Available In:
|
| Accessories:
|
| Similar Items:
|
| Editorial Reviews:
Product Description
Hailed by financial professionals worldwide as the single best guide of its kind, Valuation, Fourth Edition with CD-ROM combines is thoroughly revised and expanded to reflect business conditions in today’s volatile global economy. Valuation provides up-to-date insights and practical advice on how to create, manage, and measure an organization’s value. Along with all-new case studies that illustrate how valuation techniques and principles are applied in real-world situations, this comprehensive guide has been updated to reflect the events of the Internet bubble and its effect on stock markets, new developments in academic finance, changes in accounting rules (both U. S. and IFRS), and an enhanced global perspective. This package contains a solid framework that managers at all levels, investors, and students have come to trust.
|
| Customer Reviews: Read 22 more reviews...
 Book should be retitled valueing a company purely on the basis of its past cash flow October 1, 2008
2 out of 3 found this review helpful
This is a good intro to give the basics of valuation for "old economy" businesses. It determines the valuation of companies based almost exclusively on their cash flow over the previous few years (i.e., 3, 5 and 7 year periods) to the analysis. Unfortunately it ignores (completely) too many issues that play an extremely important role in valuation. For example, the quality, background, knowledge of management, the products the company manufactures, the markets for these products, macroeconomic conditions, intellectual property, market position (i.e., oligopolistic? Is entry/exit difficult in the industry?). Not one of these issues is even touched upon!!! The authors seem to be implying that these issues are irrelevant!! Only the cash flow over the previous few years forecast forward (i.e., discounted for present value) matters according to the book!!! Perhaps this type of mentality explains why the overwhelming majority of mergers and acquistions fail!!!!
If you are looking purely for a way to use past cash flows to determine a company's "value" this is the book for you. If you are looking for a discussion of just about any other factor affecting valuation, forget it.
 Valuation Review September 30, 2008
1 out of 3 found this review helpful
The delivery took three times as long as Amazon promised and the book was damaged when I recieved it. Also, it was missing content (i.e. End of chapter questions.)
 Excellent September 30, 2008
1 out of 3 found this review helpful
This was the first time i purchased a book online. Transaction was simple and services were prompt.
Senior Manager at Accenture July 4, 2008
1 out of 2 found this review helpful
The workbook force you to look at the information you received from "Valuation" from different perspective and you will recognize what you missed or misunderstood. Also, application of "Valuation" concepts in a controlled environment will make you confident that you are applying "Valation" correctly/appropriately in the real life. This is important since the matter being discussed is directly related to money!
The CD mentioned in the summary is disappointingly not included with this book.... May 14, 2008
The book itself is excellent and exactly what I was hoping for.
Amazon Customer services assured me that the CD was included and even sent me a second copy but there was no CD again..... I thought it was too much of a bargain to be true...and it was !! I will scrutinise the summary more diligently next time ;)
|
|
|
|
