The Valuation Compass

Valuing a company is more than crunching numbers — it means understanding context, telling a story, and applying techniques with precision. This comprehensive handbook equips students, practitioners, and finance professionals with the full spectrum of valuation tools.

Part I introduces the core valuation questions: What exactly are we valuing? On what date? For which purpose? Readers learn to distinguish between price and value, enterprise and equity value, and to see why context and corporate narrative matter as much as financial models.

Part II covers key valuation methods: intrinsic valuation, relative valuation, and book value-based approaches, illustrated with real-world examples to guide the selection and application of the right method.

Part III shifts focus to strategic decisions that determine a company’s value, such as financing, investment, and payout strategies. This book demonstrates how these decisions interconnect, culminating in an in-depth discussion of leveraged buyouts and their unique challenges.

An essential handbook for finance students as well as CFOs, financial directors, credit analysts, accountants, and auditors.