圖書標籤: 金融 Finance 財務金融建模 證券 股票 私募 modelling 方法論
发表于2024-09-09
Financial Modeling and Valuation pdf epub mobi txt 電子書 下載 2024
Written by the Founder and CEO of the prestigious New York School of Finance, this book schools you in the fundamental tools for accurately assessing the soundness of a stock investment. Built around a full-length case study of Wal-Mart, it shows you how to perform an in-depth analysis of that company's financial standing, walking you through all the steps of developing a sophisticated financial model as done by professional Wall Street analysts. You will construct a full scale financial model and valuation step-by-step as you page through the book. The New York School of Finance, founded by Mr. Pignataro, has trained thousands of business students and practitioners, and hundreds of bulge bracket banks and investment funds worldwide. Mr. Pignataro has also over 13 years of investment banking experience at some of the top firms on Wall Street. When we ran this analysis in January of 2012, we estimated the stock was undervalued. Since the first run of the analysis, the stock has increased 35 percent. Re-evaluating Wal-Mart 9 months later, we will step through the techniques utilized by Wall Street analysts to build models on and properly value business entities. Step-by-step financial modeling - taught using downloadable Wall Street models, you will construct the model step by step as you page through the book. Hot keys and explicit Excel instructions aid even the novice excel modeler. Model built complete with Income Statement, Cash Flow Statement, Balance Sheet, Balance Sheet Balancing Techniques, Depreciation Schedule (complete with accelerating depreciation and deferring taxes), working capital schedule, debt schedule, handling circular references, and automatic debt pay downs. Illustrative concepts including detailing model flows help aid in conceptual understanding. Concepts are reiterated and honed, perfect for a novice yet detailed enough for a professional. Model built direct from Wal-Mart public filings, searching through notes, performing research, and illustrating techniques to formulate projections. Includes in-depth coverage of valuation techniques commonly used by Wall Street professionals. Illustrative comparable company analyses - built the right way, direct from historical financials, calculating LTM (Last Twelve Month) data, calendarization, and properly smoothing EBITDA and Net Income. Precedent transactions analysis - detailing how to extract proper metrics from relevant proxy statements Discounted cash flow analysis - simplifying and illustrating how a DCF is utilized, how unlevered free cash flow is derived, and the meaning of weighted average cost of capital (WACC) Step-by-step we will come up with a valuation on Wal-Mart Chapter end questions, practice models, additional case studies and common interview questions (found in the companion website) help solidify the techniques honed in the book; ideal for universities or business students looking to break into the investment banking field.
PAUL PIGNATARO is the founder and CEO of the New York School of Finance (NYSF). He has over thirteen years of experience in investment banking and private equity in business mergers, acquisitions, restructurings, asset divestitures, asset acquisitions, and debt and equity transactions covering the oil, gas, power and utility, internet and technology, real estate, defense, travel, banking, and service industries. At NYSF, Mr. Pignataro continues to participate on the training team, actively providing training at bulge bracket banks and M&A teams at corporations, and billion dollar funds. Prior to his entrepreneurial endeavors, Mr. Pignataro worked at TH Lee Putnam Ventures, a $1 billion private equity firm affiliated with buyout giant Thomas H. Lee Partners. Prior to TH Lee, Mr. Pignataro worked in the Investment Banking department of Morgan Stanley.
淺顯易懂,缺點太囉嗦
評分淺顯易懂,缺點太囉嗦
評分前半部分financial modelling 可以,後麵部分valuation完全不行
評分前半部分financial modelling 可以,後麵部分valuation完全不行
評分淺顯易懂,缺點太囉嗦
我读这本书的时候还是在四大工作,当时觉得整天做小项目暗无天日,暗暗下觉心跳去买方。跳去买方最大的Hard skills需求就是要学会做模型,主要是DCF, 然后是LBO。LBO就是杠杆收购,基于DCF之上。 我当时阅读这本书的时候就是按着上面的excel一点一点做,案例都是非常直接也一目...
評分看完了全书,非金融专业的医学生简单说一下对书的感受 第一部分,财务模型,手把手教你通过excel建模,并且有excel文件可以下载实际操作,非常贴心,适合入门;但是中文版有很多表格的数字都抄错了,但是影响不大 第二部分,估值部分,翻译的挺不走心的,有些概念或专业属于翻...
評分看完了全书,非金融专业的医学生简单说一下对书的感受 第一部分,财务模型,手把手教你通过excel建模,并且有excel文件可以下载实际操作,非常贴心,适合入门;但是中文版有很多表格的数字都抄错了,但是影响不大 第二部分,估值部分,翻译的挺不走心的,有些概念或专业属于翻...
評分我读这本书的时候还是在四大工作,当时觉得整天做小项目暗无天日,暗暗下觉心跳去买方。跳去买方最大的Hard skills需求就是要学会做模型,主要是DCF, 然后是LBO。LBO就是杠杆收购,基于DCF之上。 我当时阅读这本书的时候就是按着上面的excel一点一点做,案例都是非常直接也一目...
評分我读这本书的时候还是在四大工作,当时觉得整天做小项目暗无天日,暗暗下觉心跳去买方。跳去买方最大的Hard skills需求就是要学会做模型,主要是DCF, 然后是LBO。LBO就是杠杆收购,基于DCF之上。 我当时阅读这本书的时候就是按着上面的excel一点一点做,案例都是非常直接也一目...
Financial Modeling and Valuation pdf epub mobi txt 電子書 下載 2024