Valuation: The Art and Science of Corporate Investment Decisions, 3rd edition

Published by Pearson (August 1, 2021) © 2016

  • Sheridan Titman University of Texas at Austin
  • John D. Martin Baylor University
Products list

Access details

  • Instant access once purchased
  • 12-month access
  • Offline access via app

Features

  • End-of-chapter exercises
  • Embedded videos and media
  • Add notes and highlight
  • Enhanced keyword search
Products list

Details

  • A print copy
  • Free shipping

Features

  • End-of-chapter exercises
  • Mini-cases
  • Simulation software access

For undergraduate and MBA students

Valuation: The Art and Science of Corporate Investment Decisions provides an up-to-date, integrated treatment of the valuation of investment opportunities. Taking both industry practice and recent advances in valuation methods into consideration, this text introduces students to a broad spectrum of valuation approaches and equips them to make wise investment decisions.

The 3rd Edition exposes readers to the latest valuation tools being used in the industry. Practical examples are offered throughout the text to help students understand core principles in the context of realistic situations. Using the accompanying spreadsheets and simulation tools, students will be able to glean information from a variety of sources, construct models that utilise this information, and then summarise their analysis in a meaningful way. 

  • Preface
  • Acknowledgments
  • 1. Overview of Valuation
  • PART I: PROJECT ANALYSIS USING DISCOUNTED CASH FLOW (DCF)
  • 2. Forecasting and Valuing Cash Flows
  • 3.Project Risk Analysis
  • PART II: COST OF CAPITAL
  • 4. Estimating a Firm's Cost of Capital
  • 5. Estimating Required Rates of Return for Projects
  • PART III: FINANCIAL STATEMENTS AND VALUATION
  • 6. Forecasting Financial Performance
  • 7. Earnings Dilution, Incentive Compensation, and Project Selection
  • PART IV: ENTERPRISE VALUATION
  • 8. Relative Valuation Using Market Comparables
  • 9. Enterprise Valuation
  • 10. Valuation in a Private Equity Setting
  • PART V : FUTURES, OPTIONS, AND THE VALUATION OF REAL INVESTMENTS
  • 11. Using Futures and Options to Value Real Investments
  • 12. Managerial Flexibility and Project Valuation: Real Options
  • 13. Strategic Options: Evaluating Strategic Opportunities
  • Epilogue
  • Index

This publication contains markup to enable structural navigation and compatibility with assistive technologies. Images in the publication MAY NOT be fully described, which is a barrier to those who rely on alternative text descriptions. The publication supports text reflow and contains no content hazards known to cause adverse physical reactions.

Need help? Get in touch