'Comparable firms' presentation slideshows

FIN449 Valuation

FIN449 Valuation. Michael Dimond. Beta. What is beta? What does it measure? How do we find it? Is it important? Is it accurate?. Estimating Beta ( ? ). The standard procedure for estimating beta is to regress stock returns ( R j ) against market returns ( R m ) - R j = a + b R m

976 views • 77 slides

CHAPTER 5 Stocks and Their Valuation

CHAPTER 5 Stocks and Their Valuation. Features of common stock Determining common stock values Efficient markets Preferred stock. Common Stock: Owners, Directors, and Managers. Represents ownership . Ownership implies control . Stockholders elect directors .

593 views • 47 slides

Capital budgeting and valuation with leverage

Capital budgeting and valuation with leverage. Chapter 18. outline. Focus on constant debt to equity ratio Present WACC valuation method WACC/APV link Project based WACC Levering up and WACC. Capital budgeting procedure. Remember the steps we follow

596 views • 38 slides

Risk, Return and Capital Budgeting

431 views • 27 slides

Risk, Return and Capital Budgeting

287 views • 27 slides

Cash Flow Forecasts

328 views • 20 slides

Spirit Airlines: Market Multiple Valuation

Spirit Airlines: Market Multiple Valuation. Module 3 Carl Brinker January 27, 2014. Agenda. Introduction to Spirit Airlines Market Multiples Calculations & Results Discussion of Reliability. Company Background. Company Background. Ultra-low cost carrier 2-star rating (lowest in USA)

318 views • 17 slides

Market-Based Valuation

Market-Based Valuation. Dr Clive Vlieland-Boddy. Valuating of a house. If you had a house you could uses the sale of next door as a reasonable guide of the value of yours. Likewise say a car. But not quite so easy for a business albeit the business is similar and operating in the same city.

330 views • 16 slides