Alexandre Póvoa

What is the fair value of a stock? Valuation: How to Price Stocks is a guide with essential information on the basic principles, both objective and subjective, that help define the fair price of an asset on the stock exchange.

Alexandre Póvoa outlines the various paths that investment analysts and fund managers follow to price assets and decide whether to buy or sell securities. Besides theory, the author offers practical examples to make the study more real.

The book also serves experienced professionals and investors, by providing debates on controversial topics and detailing Valuation Theory, fully adapted to the reality of the Brazilian capital market.