Dimensions
157 x 235 x 34mm
Beyond Earnings is a comprehensive guide to valuation and corporate performance analysis. It provides the first useful discussion of mean-reversion in corporate profitability and growth in a finance textbook. It offers practical and elegant solutions for dealing with this empirical reality.
Key takeaways include:
Adjust for accounting distortions to determine a company?squo;s true economic performance Calculate a firm?squo;s economic profit and CFROI Estimate future cash flow and economic profit streams Model terminal value and eliminate the perpetuity assumption Estimate a firm0squo;s value
