Corporate Valuation for Portfolio Investment: Analyzing Assets, Earnings, Cash Flow, Stock Price, Governance, and Special Situations

Designed for the professional investor who is building aninvestment portfolio that includes equity, Corporate Valuationfor Portfolio Investment takes you through a range ofapproaches, including those primarily based on assets, earnings, cash flow, and securities prices, as well as hybrid techniques.

Along the way, it discusses the importance of qualitativemeasures such as governance, which go well beyond generallyaccepted accounting principles and international financialreporting standards, and addresses a variety of special situationsin the life cycle of businesses, including initial public offeringsand bankruptcies. Engaging and informative, Corporate Valuationfor Portfolio Investment also contains formulas, checklists, and models that the authors, or other experts, have found useful inmaking equity investments.

• Presents more than a dozen hybrid approaches to valuation, explaining their relevance to different types of investors
• Charts stock market trends, both verbally and visually, enabling investors to think like traders when needed
• Offers valuation guidance based on less quantitative factors, namely management quality and factors relating to the company andthe economy

Corporate Valuation for Portfolio Investment puts thisdynamic discipline in perspective and presents proven ways todetermine the value of corporate equity securities for the purposeof portfolio investment.