Equity Asset Valuation, Second Edition 9780470571439
作者: Thomas
出版社:Wiley 2010年02月
简介:
A comprehensive look at the equity valuation process With the"Second Edition" of "Equity Asset Valuation, " the distinguishedteam of Jerald Pinto, Elaine Henry, Thomas Robinson, and JohnStowe, fully update information associated with this importantdiscipline. Blending theory with practice, they detail thecontemporary techniques used to determine the intrinsic value of anequity security, and show you how to successfully apply thesetechniques in both foreign and domestic markets. Unlike alternativeworks in this field, the "Second Edition "of "Equity AssetValuation" clearly integrates finance and accounting concepts intothe discussion-providing the evenness of subject matter treatment,consistency of notation, and continuity of topic coverage that isso critical to the learning process. Addresses essential issues inthis arena, including the equity valuation process, discounteddividend valuation, free cash flow valuation, and residual incomevaluation Each author brings his own unique experiences andperspectives to the equity analysis process Distills the knowledge,skills, and abilities you need to succeed in today's fast-pacedfinancial environment Companion Workbook also available Valuablefor classroom study, self-study, and general reference, this bookcontains clear, example-driven coverage of many of today's mostimportant valuation issues.
【媒体评论】
"Here is an essential tool for the investor: clear, practical,insightful, and concise. This book should have a long, useful lifein a professional's library."
—Jeffrey P. Davis, CFA, Chief Investment Officer, Lee MunderCapital Group
"This book provides a clear, comprehensive overview of equityvaluation concepts and methods. It is well suited for financepractitioners who want to strengthen their understanding of equityasset valuation and as a supplemental reading in advancedundergraduate and graduate courses addressing security analysis andbusiness valuation."
—Professor Robert Parrino, CFA, PhD, Department of Finance, RedMcCombs School of Business, The University of Texas at Austin
"CFA Institute has done it again. This will be a 'must' referencebook for anyone serious about the nuances of equity investmentvaluation."
—Robert D. Arnott, Chairman, Research Affiliates
"Equity Asset Valuation concisely and clearly explains the mostwidely used approaches to equity evaluation. In addition tothoroughly explaining the implementation of each valuation method,there is sophisticated discussion of the commonsense financialeconomics and accounting issues underlying the methods."
—David Blackwell, Head and RepublicBank/James W. Aston Professorof Finance, Mays Business School, Texas A&M University