Second edition - Wiley Finance, 2013. — 653 p. — ISBN: 9781118656211
This book focuses on the primary valuation methodologies currently used on Wall Street, namely comparable companies analysis, precedent transactions analysis, discounted cash flow analysis, and leveraged buyout analysis. These methodologies are used to determine valuation for public and
private companies within the context of M&A transactions, LBOs, IPOs, restructurings, and investment decisions. They also form the cornerstone for valuing companies on a standalone
basis, including an assessment of whether a given public company is overvalued or undervalued. As such, these fundamental skills are just as relevant for private equity and hedge fund analysis as for investment banking. Using a step-by-step, how-to approach for each methodology, we
build a chronological knowledge base and define key terms, financial concepts, and processes throughout the book.