Business Analysis and Valuation Notes PDF
In these “Business Analysis and Valuation Notes PDF”, we will study to analyze the health of a company through their annual reports and will equip them to understand what an asset is worth and what determines that value. It will also discuss the issues and challenges faced during the valuation of assets especially in the conditions of uncertainties.
We have provided multiple complete Business Analysis and Valuation Notes PDF for any university student of Bachelor of Management Studies (BMS) or Master of Business Administration (MBA) to enhance more knowledge about the subject and to score better marks in the exam. Students can easily make use of all these Business Analysis and Valuation Notes PDF by downloading them.
Topics in our Business Analysis and Valuation Notes PDF
The topics we will cover in these Business Analysis and Valuation Notes PDF will be taken from the following list:
Understanding the different aspects of an Annual Report of a company; Analysis of Corporate Financial Statements: Income statements and Balance sheets through ratio analysis and analyzing the Chairman’s statement, Directors’ report, management discussion and analysis, report on corporate governance, auditor’s report to evaluate the financial soundness of the company.
Cash Flows: Firm cash flows, Earnings, Tax effect, Reinvestment needs; Equity cash flows: Dividend, Forecasted Cash flows, terminal value estimation approaches. Equity discounted cash Flow Models-Dividend discount models, extensions of DDM; free cash flow to equity model.
Introduction to Valuation: Approaches to valuation, Discounted Cash Flow, Relative Valuation, Role of valuation; Discounted Cash flow Valuation: Estimating discount rates, cost of equity, cost of equity to cost of capital; Valuation of an asset with guaranteed cash flows, introducing uncertainty into valuation (valuing an asset with default risk and equity risk), valuing an asset with infinite life.
Firm Valuation Models: Cost of capital approach, Adjusted present value approach, EVA, Capital structure, and firm value. Relative valuation-popularity and potential pitfalls; reconciling relative and discounted cash flow valuation Equity Multiples; Value Multiples; Valuation of different kinds of companies. Value of Synergy; operating and financial synergy, Cash and tax benefits, debt capacity, Evidence on synergy, common errors in valuing synergy; Valuing Real options.
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Business Analysis and Valuation Reference Books List
We have listed the best Business Analysis and Valuation Reference Books that can help in your Business Analysis and Valuation exam preparation:
- Foster, George Financial Statement Analysis, 2nd ed., Pearson Education Pvt Ltd
- Damodaran, A. (2008). Damodaran on Valuation, Security Analysis for investment and Corporate Finance (2nd ed.). Wiley India Pvt. Ltd.
- Chandra, P. (2011). Corporate Valuation and Value Creation, (1st Edition). TMH
- Weston, Chung, and Hoag, Mergers. Restructuring and Corporate Control. Prentice Hall of India