This website uses technical, customisation and analytical cookies, both first-party and third-party, to anonymously facilitate browsing and analyse statistics on use of the website. Learn more
Business Valuation: Standard Approaches and Applications
-
Reference: DARDEN-F-1684-E
-
Number of pages: 14
-
Publication Date: Jan 22, 2013
-
Fecha de edición: Apr 27, 2018
-
Source: Darden University of Virginia (USA)
-
Type of Document: Technical Note
-
Industry Setting: Banking/Finance/Insurance
Description
This note provides an introduction to the standard approaches used to value businesses from the perspective of the investor (e.g., discounted cash flow, market multiples). Each approach is illustrated with a specific practical application. The note provides an in-depth example of discounted cash flow valuation of a firm including cash flow forecasting, terminal value estimation, and cost of capital determination. To focus the analysis, the note does not treat the specific complexities associated with M&A analysis.