Valuation for Mergers and Acquisitions (2nd Edition)

4.67 avg rating
( 3 ratings by Goodreads )
 
9780133372670: Valuation for Mergers and Acquisitions (2nd Edition)

Master the latest insights, lessons, and best practice techniques for accurately valuing companies for potential mergers, acquisitions, and restructurings. Concise, realistic, and easy to use, Valuation for Mergers and Acquisitions, Second Edition has been fully updated to reflect the field's latest and most useful "rules of thumb," compare every modern approach to valuation, offering practical solutions for today's most complex and important valuation challenges. Treating valuation as both an art and a science, it covers the entire process, offering up-to-the-minute real-world advice, examples, and case studies. Leading valuation experts Barbara S. Petitt and Kenneth R. Ferris introduce and compare leading techniques including discounted cash flow analysis, earnings multiples analysis, adjusted present value analysis, economic value analysis, and real option analysis. They fully address related concerns such as the accounting structure of deals, accounting for goodwill, tax considerations, and more. Throughout, they identify common errors that lead to inaccurate valuation, and show how to avoid them. From start to finish, this guide doesn't just make valuation comprehensible: it provides the tools and insight to make valuation work.

For all financial professionals concerned with valuation, especially those involved in potential mergers, acquisitions, and restructurings; and for corporate finance instructors and students in Executive MBA programs concerned with valuation.

"synopsis" may belong to another edition of this title.

From the Back Cover:

Master Today’s Best Practices for Valuing Companies

“Petitt and Ferris show us the data required for valuing a company, what computations to perform, and the advantages and drawbacks of each technique. This very practical book is an outstanding guide for company executives, financial managers, valuation practitioners, and investment professionals.”
—Professor Elroy Dimson, London Business School and Cambridge Judge Business School

“Valuation is a key factor for success in any M&A transaction. This book contains a comprehensive set of tools and a conceptual framework for tackling practical challenges of valuations. It is richly illustrated by concrete examples of best practices and pitfalls to avoid.”
—Yves Courtois, CFA, CMT, Corporate Finance Partner at KPMG, Co-Head of KPMG’s Global Valuation Institute

Valuation is the essence of finance. But it is an art, not a science: Corporate executives and valuation analysts face many choices and dilemmas when assessing a company’s value. This concise guide offers an up-to-date, practitioner-oriented view of valuation in the context of mergers and acquisitions (M&A) and corporate restructurings. It has been extensively revised to present today’s most widely used valuation methods, and to offer realistic solutions for making informed choices and dealing with common dilemmas.

Leading experts Barbara S. Petitt and Kenneth R. Ferris cover the entire valuation process, presenting practical advice and real-world examples and illustrations. They review and compare frequently used valuation methods, including discounted cash flow models, earnings multiples, economic value analysis, and real option analysis.

Petitt and Ferris address issues that are closely related to valuation, such as accounting, financial reporting, and tax considerations. They also identify common valuation errors and show how to avoid them. Whether you are an executive or an analyst, this guide will help you play a far more effective role in valuation for M&As or corporate restructurings.

· Understanding the challenges of valuation
   Why valuation errors cause so many acquirers to overpay
· Understanding valuation methods and tradeoffs
   When and how to use multiples, discounted cash flow models, or real option analysis
· Performing financial review and pro forma analysis
   How to analyze a company’s performance and forecast its future earnings and cash flows
· Avoiding overconfidence and the “winner’s curse”
   How to uncover assumptions that could wreck your forecasts and valuation

About the Author:

Barbara S. Petitt, PhD, CFA, is Director, Curriculum Projects, EMEA at CFA Institute. She has an in-depth knowledge of equity valuation, mergers, acquisitions, and corporate restructurings. She has held academic positions at Thunderbird, School of Global Management in the U.S., Bournemouth University in the U.K., and SKEMA Business School in France, and consulted with corporate clients throughout Europe and North America. Petitt resides in Poole, U.K.

Kenneth R. Ferris, a valuation and acquisition consultant to small and mid-cap companies in Central America, served on the faculty at Northwestern’s Kellogg School of Management; SMU’s Cox School of Business; Thunderbird School of Global Management; Drucker School of Business at Claremont Graduate School, and Arizona State’s W.P. Carey School of Business. He was a director for three NYSE-listed firms. Ferris resides in Placencia, Belize.
Valuation for Mergers and Acquisitions    9780133372670    Front Matter, pg 1

"About this title" may belong to another edition of this title.

Top Search Results from the AbeBooks Marketplace

1.

Petitt, BarbaraFerris, Kenneth
Published by Prentice Hall
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Quantity Available: > 20
Seller:
INDOO
(Avenel, NJ, U.S.A.)
Rating
[?]

Book Description Prentice Hall. Book Condition: New. Brand New. Bookseller Inventory # 0133372677

More Information About This Seller | Ask Bookseller a Question

Buy New
38.95
Convert Currency

Add to Basket

Shipping: 2.65
Within U.S.A.
Destination, Rates & Speeds

2.

Barbara S. Petitt, Kenneth R. Ferris
Published by Pearson Education (US), United States (2013)
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 10
Seller:
The Book Depository US
(London, United Kingdom)
Rating
[?]

Book Description Pearson Education (US), United States, 2013. Hardback. Book Condition: New. 2nd edition. Language: English . Brand New Book. Master the latest insights, lessons, and best practice techniques for accurately valuing companies for potential mergers, acquisitions, and restructurings. Concise, realistic, and easy to use, Valuation for Mergers and Acquisitions, Second Edition has been fully updated to reflect the field s latest and most useful rules of thumb, compare every modern approach to valuation, offering practical solutions for today s most complex and important valuation challenges. Treating valuation as both an art and a science, it covers the entire process, offering up-to-the-minute real-world advice, examples, and case studies. Leading valuation experts Barbara S. Petitt and Kenneth R. Ferris introduce and compare leading techniques including discounted cash flow analysis, earnings multiples analysis, adjusted present value analysis, economic value analysis, and real option analysis. They fully address related concerns such as the accounting structure of deals, accounting for goodwill, tax considerations, and more. Throughout, they identify common errors that lead to inaccurate valuation, and show how to avoid them. From start to finish, this guide doesn t just make valuation comprehensible: it provides the tools and insight to make valuation work. For all financial professionals concerned with valuation, especially those involved in potential mergers, acquisitions, and restructurings; and for corporate finance instructors and students in Executive MBA programs concerned with valuation. Bookseller Inventory # BZV9780133372670

More Information About This Seller | Ask Bookseller a Question

Buy New
49.27
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

3.

Barbara S. Petitt, Kenneth R. Ferris
Published by Pearson Education (US), United States (2013)
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 10
Seller:
Book Depository hard to find
(London, United Kingdom)
Rating
[?]

Book Description Pearson Education (US), United States, 2013. Hardback. Book Condition: New. 2nd edition. Language: English . This book usually ship within 10-15 business days and we will endeavor to dispatch orders quicker than this where possible. Brand New Book. Master the latest insights, lessons, and best practice techniques for accurately valuing companies for potential mergers, acquisitions, and restructurings. Concise, realistic, and easy to use, Valuation for Mergers and Acquisitions, Second Edition has been fully updated to reflect the field s latest and most useful rules of thumb, compare every modern approach to valuation, offering practical solutions for today s most complex and important valuation challenges. Treating valuation as both an art and a science, it covers the entire process, offering up-to-the-minute real-world advice, examples, and case studies. Leading valuation experts Barbara S. Petitt and Kenneth R. Ferris introduce and compare leading techniques including discounted cash flow analysis, earnings multiples analysis, adjusted present value analysis, economic value analysis, and real option analysis. They fully address related concerns such as the accounting structure of deals, accounting for goodwill, tax considerations, and more. Throughout, they identify common errors that lead to inaccurate valuation, and show how to avoid them. From start to finish, this guide doesn t just make valuation comprehensible: it provides the tools and insight to make valuation work. For all financial professionals concerned with valuation, especially those involved in potential mergers, acquisitions, and restructurings; and for corporate finance instructors and students in Executive MBA programs concerned with valuation. Bookseller Inventory # BZV9780133372670

More Information About This Seller | Ask Bookseller a Question

Buy New
52.74
Convert Currency

Add to Basket

Shipping: FREE
From United Kingdom to U.S.A.
Destination, Rates & Speeds

4.

Petitt, Barbara S.; Ferris, Kenneth R.
Published by FT Press
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 3
Seller:
BarristerBooks
(Lawrence, KS, U.S.A.)
Rating
[?]

Book Description FT Press. Hardcover. Book Condition: New. 0133372677 BRAND NEW W/FAST SHIPPING! This item is: Valuation for Mergers and Acquisitions, 2nd Ed., 2013, by Petitt, Barbara S.^Ferris, Kenneth R.; FORMAT: Hardcover; ISBN: 9780133372670. Choose Expedited for fastest shipping! Our 98%+ rating proves our commitment! We cannot ship to PO Boxes/APO address. To avoid ordering the wrong item, please check your item's ISBN number!. Bookseller Inventory # P9780133372670

More Information About This Seller | Ask Bookseller a Question

Buy New
65.31
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

5.

Barbara S. Petitt; Kenneth R. Ferris
Published by FT Press (2013)
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: > 20
Seller:
Palexbooks
(Sanford, NC, U.S.A.)
Rating
[?]

Book Description FT Press, 2013. Book Condition: New. Brand new! Please provide a physical shipping address. Bookseller Inventory # 9780133372670

More Information About This Seller | Ask Bookseller a Question

Buy New
64.47
Convert Currency

Add to Basket

Shipping: 2.27
Within U.S.A.
Destination, Rates & Speeds

6.

Petitt, Barbara S.; Ferris, Kenneth R.
Published by FT Press (2013)
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 1
Seller:
Ergodebooks
(RICHMOND, TX, U.S.A.)
Rating
[?]

Book Description FT Press, 2013. Hardcover. Book Condition: New. Bookseller Inventory # DADAX0133372677

More Information About This Seller | Ask Bookseller a Question

Buy New
67.19
Convert Currency

Add to Basket

Shipping: 3.02
Within U.S.A.
Destination, Rates & Speeds

7.

Barbara S. Petitt; Kenneth R. Ferris
Published by FT Press (2013)
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 1
Seller:
Irish Booksellers
(Rumford, ME, U.S.A.)
Rating
[?]

Book Description FT Press, 2013. Hardcover. Book Condition: New. book. Bookseller Inventory # M0133372677

More Information About This Seller | Ask Bookseller a Question

Buy New
75.71
Convert Currency

Add to Basket

Shipping: FREE
Within U.S.A.
Destination, Rates & Speeds

8.

BarbaraPetitt; Ferris Kenneth
Published by Financial Times Prentice Hall (2013)
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 3
Seller:
Rating
[?]

Book Description Financial Times Prentice Hall, 2013. Book Condition: New. Bookseller Inventory # TV9780133372670

More Information About This Seller | Ask Bookseller a Question

Buy New
75.77
Convert Currency

Add to Basket

Shipping: 2.66
From Germany to U.S.A.
Destination, Rates & Speeds

9.

Kenneth R. Ferris
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 1
Seller:
AussieBookSeller
(SILVERWATER, NSW, Australia)
Rating
[?]

Book Description 2013. Hardcover. Book Condition: New. 2nd. Hardcover. Master the latest insights, lessons, and best practice techniques for accurately valuing companies for potential mergers, acquisitions, and restructurings. Concise, realistic,.Shipping may be from our Sydney, NSW warehouse or from our UK or US warehouse, depending on stock availability. 256 pages. 0.490. Bookseller Inventory # 9780133372670

More Information About This Seller | Ask Bookseller a Question

Buy New
60.76
Convert Currency

Add to Basket

Shipping: 28.05
From Australia to U.S.A.
Destination, Rates & Speeds

10.

Petitt, Barbara/ Ferris, Kenneth
Published by Ft Pr (2013)
ISBN 10: 0133372677 ISBN 13: 9780133372670
New Hardcover Quantity Available: 1
Seller:
Revaluation Books
(Exeter, United Kingdom)
Rating
[?]

Book Description Ft Pr, 2013. Hardcover. Book Condition: Brand New. 2nd edition. 250 pages. 9.25x6.25x1.00 inches. In Stock. Bookseller Inventory # zk0133372677

More Information About This Seller | Ask Bookseller a Question

Buy New
87.85
Convert Currency

Add to Basket

Shipping: 6
From United Kingdom to U.S.A.
Destination, Rates & Speeds