Frykman Corporate Valuation_p

by Frykman, David; Frykman, David; Tolleryd, Jakob

• ISBN13: 9780273661610
• ISBN10: 0273661612
• Edition: 1st
• Format: Paperback
• Copyright: 2003-08-14
• Publisher: FT Press

Summary

To maximize shareholder value, you must understand valuation, the ultimate measurement of a company's health and prosperity. But many managers, entrepreneurs and board members ignore valuation--largely because most explanations of the subject are too specialized and abstruse for them. Corporate Valuation solves the problem, offering practical insight into the most universal issues in corporate valuation. It tackles the most commonly used valuation methods in a quick, easy, yet comprehensive way, using a step-by-step running case study. Coverage includes: scenarios for valuing companies; ratio-based and DCF methods, including an adapted DCF model for growth and/or knowledge companies; and techniques for reflecting industry structure and intellectual capital in your analyses. The book also includes a full chapter on value-based management. In addition to being far more accessible than other books on the subject, this is one of the few treatments of valuation to discuss assessing a business's current situation and future opportunities, not just its past results. An up-front reading guide helps readers quickly find the coverage most useful to them, and each chapter ends with hands-on practice exercises.

Author Biography

David Frykman

currently works for Swedbank Markets, the investment bank arm of Sweden´s largest commercial bank.

David Frykman and Jakob Tolleryd first wrote about valuation in their academic work at Stockholm School of Economics. In 1999, they published the book "Valuation of Growth Companies ¿ methods and models for valuation of growth companies".

Table of Contents

Reading Guide.
1. Introduction.
2. Introduction and Presentation of Model Company.
3. In What Situation Do You Value a Company and Who Does It?
4. Corporate Valuation—An Overview.
5. Ratio-Based Valuation.
6. Discounted Cash Flow Valuation (DCF).
7. The Underlying Analysis—The Company's Business and Its Environment.
8. I Want To Value My Company. What Do I Do Now?
9. Value-Based Management.
10. Conclusions.
Appendix.