The Market Approach to Comparable Company Valuation

  • Matthias Meitner

Part of the ZEW Economic Studies book series (ZEW, volume 35)

Table of contents

  1. Front Matter
    Pages I-XI
  2. Pages 1-5
  3. Pages 139-196
  4. Pages 197-203
  5. Pages 205-218
  6. Back Matter
    Pages 219-241

About this book

Introduction

Corporate valuation using multiples is one of the most popular corporate valuation approaches. In this book, the different steps of this valuation approach such as the selection of comparable companies or the choice of the reference variables are discussed. Then, the circumstances required for a sound valuation (e.g., the degree of efficiency of the equity market) are described. Additionally, the book gives insight on how the state of the industry and/or the company has an impact on the proper choice of the reference variables. Finally, it is shown how multi-factor models can enrich the universe of valuation models. While always maintaining the academic rigor, the author addresses practice-relevant topics and delivers hands-on solutions for typical valuation problems.

Keywords

Accounting Company Valuation Finance Investment Finance asset pricing efficiency investment valuation

Authors and affiliations

  • Matthias Meitner
    • 1
  1. 1.MünchenGermany

Bibliographic information

  • DOI https://doi.org/10.1007/3-7908-1723-6
  • Copyright Information Physica-Verlag Heidelberg 2006
  • Publisher Name Physica-Verlag HD
  • eBook Packages Business and Economics
  • Print ISBN 978-3-7908-1722-5
  • Online ISBN 978-3-7908-1723-2
  • About this book