Towards a more accurate equity valuation

An empirical analysis

  • Authors
  • Stefan Henschke

Table of contents

  1. Front Matter
    Pages I-XXIV
  2. Stefan Henschke
    Pages 1-6
  3. Stefan Henschke
    Pages 7-32
  4. Stefan Henschke
    Pages 33-62
  5. Stefan Henschke
    Pages 145-149
  6. Back Matter
    Pages 151-165

About this book

Introduction

The accurate valuation of companies is essential for investors and managers. What appears to be straightforward from an academic perspective – discount expected future payoffs using adequate cost of capital – can be extremely difficult to implement. Using an empirical approach, Stefan Henschke investigates and improves the performance of different equity valuation methods. His research provides guidance for identifying inaccurate valuations and for improving the accuracy of valuations based on multiples.

Keywords

Discounted Cash Flow Equity Valuation Finanzierung Multiplikationsverfahren Unternehmensbewertung cash flow

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-8349-8342-8
  • Copyright Information Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2009
  • Publisher Name Gabler
  • eBook Packages Business and Economics (German Language)
  • Print ISBN 978-3-8349-1927-4
  • Online ISBN 978-3-8349-8342-8
  • About this book