Beyond Earnings: Applying the HOLT CFROI and Economic Profit Framework
| Author | : | |
| Rating | : | 4.74 (693 Votes) |
| Asin | : | 1119440483 |
| Format Type | : | paperback |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2013-07-13 |
| Language | : | English |
DESCRIPTION:
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’s true economic performanceCalculate a firm’s economic profit and CFROIEstimate future cash flow and economic profit streamsModel terminal value and eliminate the perpetuity assumptionEstimate a firm’s value