Analysis of equity investments : valuation by Stowe, John D instant download

Analysis of equity investments : valuation by Stowe, John D instant download

xviii, 318 pages : 26 cm, Includes bibliographical references (pages 305-307) and index, The Equity Valuation Process -- The Scope of Equity Valuation -- Valuation and Portfolio Management -- Valuation Concepts and Models -- The Valuation Process -- Understanding the Business -- Forecasting Company Performance -- Selecting the Appropriate Valuation Model -- Performing Valuations: The Analyst's Role and Responsibilities -- Communicating Valuation Results: The Research Report -- Contents of a Research Report -- Format of a Research Report -- Research Reporting Responsibilities -- Discounted Dividend Valuation -- Present Value Models -- Valuation Based on the Present Value of Future Cash Flows -- Streams of Expected Cash Flows -- Discount Rate Determination -- The Dividend Discount Model -- The Expression for a Single Holding Period -- The Expression for Multiple Holding Periods -- The Gordon Growth Model -- The Gordon Growth Model Equation -- The Implied Dividend Growth Rate -- Estimating the Expected Rate of Return with the Gordon Growth Model -- The Present Value of Growth Opportunities -- Gordon Growth Model and Price-Earnings Ratio -- Strengths and Weaknesses of the Gordon Growth Model -- Multistage Dividend Discount Models -- Two-Stage Dividend Discount Model -- Valuing a Non-Dividend-Paying Company (First-Stage Dividend = 0) -- The H-Model -- Three-Stage Dividend Discount Models -- Spreadsheet Modeling -- Finding Rates of Return for Any DDM -- Strengths and Weaknesses of Multistage DDMs -- The Financial Determinants of Growth Rates -- Sustainable Growth Rate -- Dividend Growth Rate, Retention Rate, and ROE Analysis -- Financial Models and Dividends -- Investment Management and DDMs -- Free Cash Flow Valuation -- Introduction to Free Cash Flows -- FCFF and FCFE Valuation Approaches -- Defining Free Cash Flow -- Present Value of Free Cash Flow -- Single-Stage FCFF and FCFE Growth Models -- Forecasting Free Cash Flow -- Computing FCFF from Net Income -- Computing…