Corporate Valuation

Syllabus

Dr. Amos Baranes Ph.D, CPA
The Chicago School

T.A.: Yariv Choen MBA, CPA(IL)

  • Presentation 1
  • Presentation 2
  • Using Multiples
  • Simulation for Corporate Valuation: Userid=2020, password student
  • Simple Example Of Valuation
    •   
  • Simulation - Growth Economics
  • Market Multiples Analysis  Pros & Cons


    • Reading you should complete for our next meeting:
    1.Chapters 1 &2
    2.Chapter 3
    3.Chapter 4
    4.Chapter 5 (Pages 101-119)
    5.Chapter 6
    6.Article: The Granularity of Growth
    7.Chapter 10
    8.Chapter 7
    9.Chapter 12
  • Valuation book by Koller, Goedhart & Wessels


    • Assignments:
  • Assignment 1 - Know the company - Teva


    • Write ups:
  • Write up 1: Vertical, Horizontal and Ratio Analysis  Example
  • Write up 2: WACC    Example - WACC  Example
  • Assignment 2 - Valuation of Teva


    • Review Exam Questions

    Additional Material:
  • Annual Report of Teva    WWW.Tevapharm.com
  • TEVA - finance.yahoo.com
  • Teva Reports First Quarter 2009 Results  Teva 1Q 2009 - Excel
  • GE financials using XBRL
  • Valuation Model - Excel  Guide



    • Readings and links:
  • Valuation - Measuring and Managing the Value of Companies
  • Granularity of Growth
  • The McKinsey Quarterly
  • Value Creation and Enhancement: Back to the Future
  • Estimating Risk free Rates
  • Estimating Risk Parameters - Beta
  • Valuing Brand Names Flexibility
  • Solow Robert M. - A Contribution to the Theory of Economic Growth
  • cobb-douglas function

  • Exam in Finace and Business Performance - Special Topics: Fall 2008/9: Exam  Solution