Základní info
Valuation is fundamental to all corporate finance transactions. A recent article in The Financial Times headed "Are you EBITDAZED?? suggested that equity analysts had lost sight of valuation fundamentals. Not so Warren Buffet, whose valuation principles withstood the TMT meltdown. We rigourously examine the rationale and practice of DCF valuation - and compare it with other methods. We also look at new techniques, such as Monte Carlo Simulation and Real Options.