Intrinsic Worth: Master Discounted Cash Flow, Multiples and Enterprise Value

M. Muñoz
Ebook
235
Pages
Tools
Eligible

About this ebook

Price is what the market asks today; value is what a business is really worth. Intrinsic Worth gives the individual investor the tools to tell the two apart. Across eleven chapters it walks through the main valuation methods used by professionals, from discounted cash flows and comparable and historical multiples to the PEG ratio, the dividend discount model, asset-based approaches such as NAV and sum-of-the-parts, real options, Monte Carlo simulation, adjusted present value and sector-relative valuation. Each method is explained with everyday examples, its strengths and blind spots, and the situations where it works best. Written for curious non-experts who manage their own savings, hold stock options or simply want to understand why some companies trade at prices others never reach, this book turns valuation from an intimidating specialty into a practical, repeatable skill.
Price is what the market asks today; value is what a business is really worth. Intrinsic Worth gives the individual investor the tools to tell the two apart. Across eleven chapters it walks through the main valuation methods used by professionals, from discounted cash flows and comparable and his...

Discover more

Rate this ebook

Tell us what you think.

Reading information

Smartphones and tablets
Install the Google Play Books app for Android and iPad/iPhone. It syncs automatically with your account and allows you to read online or offline wherever you are.
Laptops and computers
You can listen to audiobooks purchased on Google Play using your computer's web browser.
eReaders and other devices
To read on e-ink devices like Kobo eReaders, you'll need to download a file and transfer it to your device. Follow the detailed Help Center instructions to transfer the files to supported eReaders.