Tim Koller, Marc Goedhart, a nd David Wessels set out the co r e principles of valuation a nd offer a step-by-step guide to measuring the value of a company. This seventh edition of Valuation (the first was published in 1990) also addresses three facto r s challenging many value strategies today: the rising propo r tion of investments in intangible assets, the netwo r k effects enjoyed by dominant technology companies, a nd inco r po r ating an environmental, social, a nd governance (ESG) lens in assessing value.
By Robert N. Farago, ASIP

The number one guide to co r po r ate valuation is back a nd better than ever
Tho r oughly revised a nd expa nded to reflect business conditions in today's volatile global economy, Valuation, continues the tradition of its bestselling predecesso r s by providing up-to-date insights a nd practical advice on how to create, manage, a nd measure the value of an o r ganization.

Along with all new case studies that illustrate how valuation techniques a nd principles are applied in real-wo r ld situations, this comprehensive guide has been up da ted to reflect new developments in co r po r ate finance, changes in accounting rules, a nd an enhanced global perspective. Valuation, Fifth Edition is filled with expert guidance that managers at all levels, investo r s, a nd students can use to enhance their understa nding of this impo r tant discipline.

Contains strategies fo r multi-business valuation a nd valuation fo r co r po r ate restructuring, mergers, a nd acquisitions
Addresses how you can interpret the results of a valuation in light of a company's competitive situation
Also available: a book plus CD-ROM package (978-0-470-42469-8) as well as a sta nd-alone CD-ROM (978-0-470-42457-7) containing an interactive valuation DCF model
Valuation, Fifth Edition sta nds alone in this field with its reputation of quality a nd consistency. If you want to hone your valuation skills today a nd improve them fo r years to come, look no further than this book.