Business Valuation – Text & Cases

This book is a comprehensive & authentic book on ‘Business Valuation’. The objective of this book is to include a judicious mixture of corporate finance theory and business valuation practice.

This book aims to fulfill the requirement of students PGDM/MBA/CA/CWA & other professional courses.

The Present Publication is the Reprint Edition April 2021, authored by Pitabas Mohanty, with the following noteworthy features:

• The subject-matter is presented in a simple, systematic method along with comprehensive explanation of the concept and theories underlying business valuation. The book tries to present the subject-matter in a non-mathematical and non-technical way
• [Student-Oriented Book] This book has been developed, keeping in mind the following factors:
• Interaction of the author/teacher with his/her students in the class-room
• Shaped by the author/teachers experience of teaching the subject-matter at different levels
• Reaction and responses of students have also been incorporated at different places in the book
• [Numerical Illustration] are used to explain the complicated quantitative subjects
• [Practical Problems] are included in theoretical discussions
• [Principles of Corporate Finance & Investments] are discussed in detail, to understand the theory of business valuation
• [Emphasizes on the Five Types of Consistencies] that one should maintain while valuing any business. It also discusses what mistakes are made, when the valuation model suffers from not adhering to these consistencies
• [Sum-of-parts Valuation Method & Liquidation Valuation Methods] with practical examples are included
• [Chapter-End Problems & Mini-Cases] are included, to test one’s understanding of the different concepts
• Includes a list of 150 questions that one often faces while valuing companies. One will find these questions handy while preparing for some valuation interview
• The contents of this book are as follows:
• Introduction to Business Valuation
• Basics of DCF Valuation
• Discounted Cash Flow Method: The Cost of Capital
• Cash Flow and Valuation
• Valuation of Companies: Forecasting Case Flows
• Beyond Valuation of Companies
• Valuation of Synergy in Mergers and Acquisitions (M&A)
• Valuation of Companies: Multiplier Methods
• Miscellaneous Topics in Valuation
• Frequently Asked Questions in Valuation