Aswath Damodaran

Investment Valuation: Tools and Techniques for Determining the Value of Any Asset covers valuation techniques for several asset classes, including real options, startups, unconventional assets, financially distressed companies, private equity, real estate and more, and explains how to choose the right model for each valuation scenario.

The models are presented with real examples, which expose some of the problems inherent in applying them, and with a discussion of the differences and common elements among them, to give the reader a holistic understanding of the subject.

Written by a finance professor widely regarded as one of the best educators and thinkers in investment valuation, this revised and updated fourth edition explores topics such as:

Understanding financial statements, risk fundamentals, and tests and evidence on market efficiency; estimating risk parameters and financing costs, terminal value, and equity value per share; and using scenario analysis, decision trees, and simulations in probabilistic valuation approaches.

An essential resource for investors and students of the financial markets who are looking for a complete guide to expand their valuation knowledge and make better decisions.