MTU Library Catalogue

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Corporate valuation : an easy guide to measuring value / David Frykman and Jakob Tolleryd.

By: Frykman, David.
Contributor(s): Tolleryd, Jakob.
Material type: materialTypeLabelBookPublisher: London ; New York : Financial Times Prentice Hall, 2003Description: xii, 191 p. : ill. ; 25 cm.ISBN: 0273661612 (pbk. : alk. paper); 9780273661610.Other title: Corporate finance [At head of title:].Subject(s): Corporations -- Valuation | Corporations -- Finance | Business and Management | Corporate finance | Business strategyDDC classification: 658.15 FRY Summary: A short, practical book that gives a thorough understanding and knowledge of valuation in just two hours. It tackles the most commonly used valuation methods in a quick and easy - yet comprehensive - way.
Holdings
Item type Current library Call number Copy number Status Barcode
General lending MTU Kerry North Campus Library First Floor Main 658.15 FRY (Browse shelf(Opens below)) 1 Available 38888000510671
Total holds: 0

Enhanced descriptions from Syndetics:

If organisations are to achieve the ultimate corporate goal of maximising shareholder value, then understanding valuation is vitally important. Yet the majority of managers have ignored the area of corporate valuation for a long time, despite the fact that a firm's value is the ultimate measurement of the health and prosperity of a company. In Corporate Valuation, for the first time, you are given insight into the most universal issues in corporate valuation. It tackles the most commonly used valuation methods in a quick and easy - yet comprehensive - way, and is the perfect and only book you need if you want to get a quick grasp of the subject.

Includes bibliographical references (p. [184]-185) and index.

A short, practical book that gives a thorough understanding and knowledge of valuation in just two hours. It tackles the most commonly used valuation methods in a quick and easy - yet comprehensive - way.

Translated from Swedish.

Table of contents provided by Syndetics

  • About the authors (p. vii)
  • Preface--reading guide (p. ix)
  • Acknowledgements (p. xiii)
  • Publisher's acknowledgements (p. xiv)
  • 1 Introduction (p. 1)
  • 2 Presentation of model company (p. 7)
  • 3 When do you need to value a company? (p. 11)
  • Raising capital for growth (p. 12)
  • Creating an incentive programme to keep and attract employees (p. 16)
  • Executing a merger, acquisition or divestiture (p. 18)
  • Conducting an initial public offering (IPO) (p. 21)
  • Summary (p. 23)
  • 4 Company valuation--an overview (p. 25)
  • Theoretical overview (p. 26)
  • The most important valuation models (p. 29)
  • What models to use? (p. 40)
  • Summary (p. 42)
  • 5 Ratio-based valuation (p. 45)
  • Classification of multiples (p. 46)
  • Finding your multiple (p. 50)
  • Different multiples (p. 55)
  • How to find input data for multiple valuations (p. 66)
  • Summary (p. 66)
  • 6 Discounted cash flow valuation (p. 69)
  • Estimating the cost of capital--WACC (p. 72)
  • Calculating free cash flow (p. 78)
  • Computing terminal value (p. 82)
  • Discounting and final corporate value (p. 84)
  • The most important variables in a DCF analysis (p. 87)
  • The DCF approach--only a calculation machine (p. 88)
  • Checking your assumptions (p. 89)
  • Summary (p. 90)
  • 7 Underlying analysis and key value drivers (p. 93)
  • What is a value driver? (p. 94)
  • How to identify key value drivers (p. 96)
  • Structuring the underlying analysis (p. 97)
  • Generic operational value drivers (p. 102)
  • Framework for the underlying analysis (p. 107)
  • Temporary monopolies--an additional tool for the underlying analysis (p. 108)
  • Summary (p. 115)
  • 8 How to value your company in practice--an example (p. 117)
  • Underlying analysis of Mobitronics (p. 120)
  • DCF valuation of Mobitronics (p. 125)
  • Scenario analysis (p. 139)
  • Checking the underlying assumptions (p. 140)
  • Multiple-based valuation of Mobitronics (p. 145)
  • Piecing it all together--the value of the company (p. 151)
  • Summary (p. 152)
  • 9 Value-based management (p. 155)
  • Strategy development (p. 157)
  • Target setting (p. 158)
  • Action plans, budgets and training (p. 160)
  • Incentive programmes (p. 160)
  • Outcomes of value-based management (p. 163)
  • Summary (p. 165)
  • Afterword (p. 167)
  • Appendix A Inspirational list of key value drivers (p. 168)
  • Appendix B Suggested information needed for a valuation (p. 171)
  • Notes (p. 180)
  • Glossary (p. 181)
  • Further reading (p. 184)
  • Index (p. 187)

Author notes provided by Syndetics

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".