Hooke, Jeffrey C.
Security Analysis and Business Valuation on Wall Street: A Comprehensive Guide to Today's Valuation Methods
Two major market crashes, numerous financial and accounting scandals, growth in private equity and hedge funds, Sarbanes Oxley and related regulations, and international developments changed security analysis and business valuation substantially over the last fourteen years. These events necessitated a second edition of this modern classic, praised earlier by Barron's as a "welcome successor to Graham and Dodd" and used in the global CFA exam.
This authoritative book shows the rational, rigorous analysis is still the most successful way to evaluate securities. It picks up where Graham and Dodd's bestselling Security Analysis - for decades considered the definitive word on the subject - leaves off. Providing a practical viewpoint, Security Analysis on Wall Street shows how the values of common stock are really determined in today's marketplace. Incorporating dozens of real-world examples, and spotlighting many special analysis cases - including cash flow stocks, unusual industries and distressed securities - this comprehensive resources delivers all the answers to your questions about security analysis and corporate valuation on Wall Street.
The Second Edition of Security Analysis on Wall Street examines how mutual funds, private equity funds, hedge funds, institutional money managers, investment banks, business appraisers, and corporate acquirers perform their craft of security analysis and business valuation in today's highly charged environment. Completely updated to reflect the latest methodologies, this reliable resource represents the most comprehensive book written by someone who has actually worked as an investment banker, private equity executive, and international institutional investor.
- Shows the methodical process that practitioners use to value common stocks and operating companies and to make buy/sell decisions
- Discusses the impact of the two stock market crashes, the accounting and financial scandals, and the new regulations on the evaluation process
- Covers how Internet and computing power automate portions of the research and analytical effort
- Includes new case study examples representative of valuation issues faced daily by mutual funds, private equity funds, hedge funds, institutional investors, investment banks, business appraisers, and corporate acquirers
- Is a perfect tool for professors wishing to show their MBA students the essential tools of equity and business valuation
Security analysis and business valuation are core financial disciplines for Wall Streeters, corporate acquirers, and international investors. The Second Edition of Security Analysis on Wall Street is an important book for anyone who needs a solid grounding in these critical finance topics.
Keywords: Jeffrey Hooke, Hooke Associates, security analysis on wall street, security analysis, equity analysis, equity valuation, business valuation, common stock valuation, business appraisal, credit analysis, bond valuation, financial analysis, relative value, comparable company analysis, guideline company analysis, discounted cash flow value, distressed company valuation, private market value, acquisition value, leveraged buyout value, sum of the parts value, breakup value, industry analysis, equity research, equity research reports, top down analysis, bottoms up analysis, chartered financial analyst, CFA, CFA exam, cyclical company valuation, current earnings power, natural resource company valuation, international company valuation, current earnings power, equity build up method, ASA, American Society of Appraisers, Certified Business Appraiser. IBA, ABA, Institute of Business Appraisers, Appraisal Foundation, security analysis, equity analysis, equity valuation, business valuation, corporate valuation, business appraisal, common stock valuation, enterprise value, valuing a company, valuing a business, value investing, financial statement analysis, discounted cash flow analysis, discounted cash flow valuation, stock market, relative value, mergers and acquisitions, private equity, fundamental analysis, investment analysis, intrinsic value, fundamental value, investment banking, leveraged buyout, mergers and acquisitions, fixed income analysis, common stock investment, corporate appraisal, private market value, margin of safety, guideline companies approach, financial statement ratio analysis, financial ratio analysis, industry analysis, analyzing financial statements, business valuation approaches, capital asset pricing model, equity return build-up model, equity research report, business valuation report, fair market value, M&A valuation, leveraged buyout valuation, distressed company valuation, cash flow analysis, credit analysis, speculative stock valuation, financial projections, terminal value, dividend discount model, firm valuation, EBITDA, private firm valuation, takeover value, takeover valuation, comparable valuation, valuation models, international valuation, valuing conglomerates, sum of the parts valuation, valuing cyclical companies, valuing foreign companies, emerging markets valuation, financial forecasting, private equity valuation, resource company valuation, oil and gas company valuation, mining company valuation, insurance company valuation
- Author(s)
- Hooke, Jeffrey C.
- Publisher
- John Wiley and Sons, Inc.
- Publication year
- 2010
- Language
- en
- Edition
- 2
- Imprint
- Wiley
- Series
- Wiley Finance
- Page amount
- 480 pages
- Category
- Economy
- Format
- Ebook
- eISBN (ePUB)
- 9780470608920
- Printed ISBN
- 9780470277348