Invisible Value. How to Properly Evaluate a Company to Profit from Its Shares

Aswath Damodaran is a professor of finance at the Stern School of Business at New York University, author of popular courses in corporate finance and asset valuation for MBA students. He is ranked among the top ten professors in the USA by Business Week magazine. He is the author of the books The Dark Side of Valuation and the bestseller Investment Valuation. He created a free database of country market premiums, beta coefficients, risks, and other important indicators used in the popular discounted cash flow (DCF) model. Inability to properly evaluate assets and market situations can lead to investment errors and significant financial losses. To avoid paying more for a stock than it is worth, it is advisable to find its fair price, according to Aswath Damodaran. His book is the most concise and clear guide to investment valuation. Even if you are a beginner financier, Invisible Value will help you: • quickly understand the basic principles of determining the value of companies, • learn to analyze their fundamental and market characteristics, comparing them with the age and specifics of activities; • extract the necessary multiples from financial statements to accurately measure risks and profits now and in the future; • become an informed and successful investor.