Company Value Evaluation (Guide for Managers and Investors)

Author: Davis (USA), Ahart (USA), Shrives (USA), translated by Zhang Wei, Chen Qian
Publisher:
Publish Date: 2005-10-01
Features: In the past 30 years, methods for enterprise value assessment have been continuously updated at an astonishing pace. For every corporate manager, it is crucial to understand the specific value of their company and clearly calculate the sources and flows of that value. This book first constructs a comprehensive assessment framework for a single enterprise, illustrating the methods and procedures of enterprise value assessment through a very simple but complete example. It then extends this framework to enterprises with relatively complex structures, further introducing methods for deriving financial statements and assessing cash flows through specific examples. The book explains concepts in an easy-to-understand manner, enabling readers to grasp how to assess enterprise value at different levels and under various conditions, as well as the corresponding assessment methods. An electronic spreadsheet model for specific enterprise value assessment is included with the book. It can serve as supplementary teaching material for undergraduate and graduate students in investment and corporate finance, and is also suitable for general corporate managers, professional analysts, and individual investors.