Every portfolio manager faces the same question every day: What is a company's true value? That value can be measured in many ways: assets, earnings, cash flow, governance, stock price, and more. From the investor's vantage point, corporate value is a moving target, and it is clear that corporate valuation is easier to talk about than do. A realistic assessment of value is key to investing success.
"Corporate Valuation for Portfolio Investment "gives a comprehensive overview of corporate valuation. Institutional investors will find practical and insightful information to help understand and evaluate a corporation's value. The authors explain which elements matter most and how they should be analyzed, depending on the investor's purpose and timeframe.