Principles of Private Firm Valuation phần 6 ppsx
Principles of Private Firm Valuation phần 6 ppsx
... 55 Aa1/AA+ 7 .6 10 15 20 32 37 40 60 Aa2/AA 7.3 15 25 30 37 44 50 65 Aa3/AA− 7 203035455 460 70 A1/A+ 6. 85 30404 560 657085 A2/A 6. 65 40 50 57 67 75 82 89 A3/A− 6. 4 50 65 70 80 90 96 1 16 Baa1/BBB+ 6. 25 60 75 ... percent translates into a discount of 12.3 percent. This means that the pure liquid- 96 PRINCIPLES OF PRIVATE FIRM VALUATION TABLE 6. 1 Summary of...
Ngày tải lên: 14/08/2014, 09:21
Principles of Private Firm Valuation phần 6 potx
... 55 Aa1/AA+ 7 .6 10 15 20 32 37 40 60 Aa2/AA 7.3 15 25 30 37 44 50 65 Aa3/AA− 7 203035455 460 70 A1/A+ 6. 85 30404 560 657085 A2/A 6. 65 40 50 57 67 75 82 89 A3/A− 6. 4 50 65 70 80 90 96 1 16 Baa1/BBB+ 6. 25 60 75 ... percent translates into a discount of 12.3 percent. This means that the pure liquid- 96 PRINCIPLES OF PRIVATE FIRM VALUATION TABLE 6. 1 Summary of...
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Principles of Private Firm Valuation phần 7 ppsx
... role of the founding family for the 1 26 firms for which such information is available. Targets are both public and private firms. Subsequent Role of Founding Family Number of Firms % of Firms New ... value of equity prior to the transaction is not known. Of course, the problem with using this mea- 1 06 PRINCIPLES OF PRIVATE FIRM VALUATION 12249_Feldman_4p_c07.r.qxd...
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Principles of Private Firm Valuation phần 10 ppsx
... NOTES 12249_Feldman_4p_bnotes.r.qxd 2/9/05 9:45 AM Page 174 Method of multiples: calculating, 56 58, 62 65 vs. discounted cash flow, 65 68 as valuation model, 45– 46 Metrics, valuation. See Valuation metrics Metro-Goldwyn-Mayer ... 37–39 Pure control value, 6 7, 113–128 Radisson Hotels, 31 Ratio analysis: C vs. S corporations, 1 46 151 EBITDA, 169 n10 peer firms, 62 65 profit m...
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Principles of Private Firm Valuation phần 1 doc
... a private firm s cost of capital. The purpose of valuing private firms varies. Although a valuation is generally required prior to a private firm being transacted, the majority of private firm ... & Sons, Inc. Principles of Private Firm Valuation STANLEY J. FELDMAN 12249_Feldman_4p_ffirst.r.qxd 2/9/05 9:49 AM Page iii John Wiley & Sons, Inc. Principles...
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Principles of Private Firm Valuation phần 2 pptx
... the value of these additional activities is 14 PRINCIPLES OF PRIVATE FIRM VALUATION 12249_Feldman_4p_c02.r.qxd 2/9/05 9: 46 AM Page 14 9 Creating and Measuring the Value of Private Firms CHAPTER 2 O wners ... value of Firms A and T would equal $115 (stand-alone Firm A value of $100 + stand-alone Firm T value of $50 + $25 synergy value − $60 Firm T cost = $115)....
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Principles of Private Firm Valuation phần 3 ppt
... increases by 15 per- centage points. 38 PRINCIPLES OF PRIVATE FIRM VALUATION 12249_Feldman_4p_c03.r.qxd 2/9/05 9:47 AM Page 38 26 PRINCIPLES OF PRIVATE FIRM VALUATION Company A without subsidiary ... of private firms are small, and issues of trans- parency typically abound, the larger a private firm is the greater the degree of transparency that is required....
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Principles of Private Firm Valuation phần 4 pdf
... $488,554 $ 565 ,185 $62 3,935 $66 2,711 $69 6, 962 Growth in NOPAT 15% 11% 16% 10% 6% 5% Cash flow to owners and creditors after tax $442,111 $488,554 $ 565 ,185 $62 3,9 36 $66 2,711 $69 6, 962 Net fixed ... sold $2,030,0 36. 00 — — $2,030,0 36. 00 3 Depreciation $250,000.00 $250,000.00 4 Compensation of officers $68 1,520.00 $258,574.00 ($422,9 46. 00) $258,574.00 Compensation of of...
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Principles of Private Firm Valuation phần 5 docx
... 0. 862 5954 4 1.1300 4 1.1900 4 $1,138,054,5 76. 81 4 1.053097 4 0. 862 59542 4 0.9083 969 5 1. 160 0 5 1.2400 5 $711, 964 ,358 .60 5 1. 068 966 5 0.8854 961 8 5 0.9 465 649 6 1.1800 6 1.3000 6 $508,957, 368 .04 6 ... $22,225,812,7 86. 89 1—largest 1 1—largest 0 .69 465 649 1 0 .69 465 65 2 1.0400 2 1. 060 0 2 $3,322,210,029.59 2 1.019231 2 0.79389313 2 0.809 160 3 3 1.0900 3 1.1300...
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Principles of Private Firm Valuation phần 8 docx
... 12/17/98 60 13.75 13.75 0.40399322 0.0452 1 2.47 0.180 HOVB −0.039 1/ 26/ 00 60 15. 166 66 15. 166 66 0. 160 63547 0. 061 2 1 1. 46 0.0 96 DEX 0.188 7/9/00 60 0. 060 8 1 #DIV/0! #DIV/0! HRBC −0.1 46 4/5/00 60 22.4375 ... 0.52754077 0.0248 1 0.15 0.218 PBSC 0.2 36 7/ 16/ 01 60 6. 5 6. 5 0.091 265 05 0.0 362 1 0.37 0.0 56 IHF 0.457 6/ 23/00 60 14. 562 5 14. 562 5 16. 565 2 361 0...
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