TAILIEUCHUNG - Lecture Investment analysis & portfolio management - Chapter 32: Investment analysis and portfolio management

After studying this chapter you will be able to understand: Business valuation, reasons for valuation of a business, methods of business valuation, asset based valuation methods, earnings based methods of valuation, dividend based methods of valuation,. | Investment Analysis and Portfolio management Lecture: 32 Course Code: MBF702 BUSINESS VALUATION To estimate the potential value of another company. REASONS FOR VALUATION OF A BUSINESS To determine the price to be offered in a merger/takeover of a private company; To aid in decisions regarding buying or selling shares of a private company; To place a value on companies entering the stock market; To value shares in a private company for tax/legal purposes; To value subsidiaries/divisions for disposal, MBOs etc. METHODS OF BUSINESS VALUATION Range of values When a business/company/division is valued it is not a precise exercise and there is no right answer to the question of what it is worth. There are a variety of different methods of valuing businesses which will all produce different overall values. In any examination question it is likely that students would be expected to use a number of different valuation methods in order to determine a range of prices that could then be used

• Tài chính doanh nghiệp
• Investment analysis
• Portfolio management
• Investment management
• Investment theory
• Investment environment
• Investment analysis
• Investment companies
• Time value of money
• Characteristics of investment
• Investment portfolio management
• Investment analysis & portfolio management
• Investment background
• Developments in investment theory
• Management of common stocks