Analysing, Planning and Valuing Private Firms: New Approaches to Corporate Finance
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| Main Author: | |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Cham
Palgrave Macmillan
2023
|
| Edition: | 1st ed |
| Subjects: | |
| Online Access: | DE-2070s |
| Item Description: | Description based on publisher supplied metadata and other sources |
| Physical Description: | 1 Online-Ressource (150 Seiten) |
| ISBN: | 9783031380891 |
Staff View
MARC
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| 100 | 1 | |a Beltrame, Federico |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Analysing, Planning and Valuing Private Firms |b New Approaches to Corporate Finance |
| 250 | |a 1st ed | ||
| 264 | 1 | |a Cham |b Palgrave Macmillan |c 2023 | |
| 264 | 4 | |c ©2023 | |
| 300 | |a 1 Online-Ressource (150 Seiten) | ||
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| 500 | |a Description based on publisher supplied metadata and other sources | ||
| 505 | 8 | |a Intro -- Introduction -- Reference -- Contents -- List of Figures -- List of Tables -- 1 Corporate Financial Analysis -- 1.1 Introduction -- 1.2 The Reclassification of the Balance Sheet -- 1.2.1 The Reorganization of the Balance Sheet According to Asset Liquidity and Liability Maturity -- 1.2.2 The Reorganization of the Balance Sheet by-Function -- 1.2.3 In-Depth Analysis of NOWC Monitoring and Management -- 1.3 The Income Statement Reorganization -- 1.3.1 The Reorganization of the Income Statement as Value-Added -- 1.3.2 The Reorganization of the Income Statement by the Contribution Margin -- 1.4 Ratio Analysis -- 1.5 Cash Flow Statement Analysis -- Appendix-A Comprehensive Financial Analysis Method -- References -- 2 The Financial and Economic Forecast -- 2.1 Introduction -- 2.2 Qualitative Analysis -- 2.3 The Traditional Economic and Financial Forecast: From Assumptions to Estimation Procedures -- 2.3.1 Assumptions -- 2.3.2 The Estimation Process to Obtain a Forecast Budget -- 2.4 A Different Method to Estimate Forecast Operating Revenues -- 2.5 Conclusions -- Appendix-Drafting a Forecast Budget: Combining New and Classic Approaches -- Step 1: Determining the Break-Even Revenues -- Economic Assumptions -- Trade Assumptions -- Investment Assumptions -- Financing Assumptions -- Step 2: Forecasting the Budget Balance ("Classic" Method) -- Reference -- 3 The Cost of Capital for Private Businesses -- 3.1 Introduction -- 3.2 Private Business Evaluation: General Points -- 3.3 The Critical Issues in Calculating the Cost of Capital for Private-Owned Companies -- 3.3.1 First Issue: "No Market Reference for Equity and Debt" -- 3.3.2 Second Issue: "Considering Specific Risks in the Evaluation Process" -- 3.4 An Alternative Model to Estimate the Cost of Capital of Private Corporations -- 3.4.1 The Model Basics | |
| 505 | 8 | |a 3.4.2 Estimating the Unlevered Cost of Capital Through a Risk-Neutral Approach -- 3.4.3 The Default Probabilities for the Model -- 3.4.4 The Loss Given Default (LGD) to Be Used in the Model -- 3.5 Conclusions -- Appendix 1-Steady-State and Steady-Growth Evaluations -- Appendix 2-Evaluation of an Investment Project -- References -- 4 Business Valuation Through Market Multiples -- 4.1 Introduction -- 4.2 The Key Multiples -- 4.3 The Evaluation Process -- 4.4 The Critical Issues with Comparability in the Use of Multiples -- 4.4.1 A Conceptual Outline -- 4.4.2 Adjustments by Growth Profile -- 4.4.3 Adjustments by Debt Level -- 4.4.4 Adjustments by Growth Rate and Debt Level -- 4.5 The Issues Relating to the Calculation of the Single Multiple -- 4.6 Specific Features of Stock-Market Multiples -- 4.7 Using the Multiples Approach: Final Considerations -- Appendix: The Unlevered Value Maps: An Empirical Evaluation -- References -- 5 Conclusions-Putting All Together for Valuing a Start-Up -- 5.1 Introduction -- 5.2 Start-Up Capital Structure, Expected Cash Flows, and Cost of Capital -- 5.3 Start-Up Valuation Process -- 5.4 Focusing of the Venture Capital Method -- 5.5 Conclusions -- References -- References -- Index | |
| 650 | 4 | |a Corporations-Finance | |
| 650 | 4 | |a Private companies-Finance | |
| 700 | 1 | |a Sclip, Alex |e Sonstige |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Beltrame, Federico |t Analysing, Planning and Valuing Private Firms |d Cham : Palgrave Macmillan,c2023 |z 9783031380884 |
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Record in the Search Index
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| author | Beltrame, Federico |
| author_facet | Beltrame, Federico |
| author_role | aut |
| author_sort | Beltrame, Federico |
| author_variant | f b fb |
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| bvnumber | BV050100561 |
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| contents | Intro -- Introduction -- Reference -- Contents -- List of Figures -- List of Tables -- 1 Corporate Financial Analysis -- 1.1 Introduction -- 1.2 The Reclassification of the Balance Sheet -- 1.2.1 The Reorganization of the Balance Sheet According to Asset Liquidity and Liability Maturity -- 1.2.2 The Reorganization of the Balance Sheet by-Function -- 1.2.3 In-Depth Analysis of NOWC Monitoring and Management -- 1.3 The Income Statement Reorganization -- 1.3.1 The Reorganization of the Income Statement as Value-Added -- 1.3.2 The Reorganization of the Income Statement by the Contribution Margin -- 1.4 Ratio Analysis -- 1.5 Cash Flow Statement Analysis -- Appendix-A Comprehensive Financial Analysis Method -- References -- 2 The Financial and Economic Forecast -- 2.1 Introduction -- 2.2 Qualitative Analysis -- 2.3 The Traditional Economic and Financial Forecast: From Assumptions to Estimation Procedures -- 2.3.1 Assumptions -- 2.3.2 The Estimation Process to Obtain a Forecast Budget -- 2.4 A Different Method to Estimate Forecast Operating Revenues -- 2.5 Conclusions -- Appendix-Drafting a Forecast Budget: Combining New and Classic Approaches -- Step 1: Determining the Break-Even Revenues -- Economic Assumptions -- Trade Assumptions -- Investment Assumptions -- Financing Assumptions -- Step 2: Forecasting the Budget Balance ("Classic" Method) -- Reference -- 3 The Cost of Capital for Private Businesses -- 3.1 Introduction -- 3.2 Private Business Evaluation: General Points -- 3.3 The Critical Issues in Calculating the Cost of Capital for Private-Owned Companies -- 3.3.1 First Issue: "No Market Reference for Equity and Debt" -- 3.3.2 Second Issue: "Considering Specific Risks in the Evaluation Process" -- 3.4 An Alternative Model to Estimate the Cost of Capital of Private Corporations -- 3.4.1 The Model Basics 3.4.2 Estimating the Unlevered Cost of Capital Through a Risk-Neutral Approach -- 3.4.3 The Default Probabilities for the Model -- 3.4.4 The Loss Given Default (LGD) to Be Used in the Model -- 3.5 Conclusions -- Appendix 1-Steady-State and Steady-Growth Evaluations -- Appendix 2-Evaluation of an Investment Project -- References -- 4 Business Valuation Through Market Multiples -- 4.1 Introduction -- 4.2 The Key Multiples -- 4.3 The Evaluation Process -- 4.4 The Critical Issues with Comparability in the Use of Multiples -- 4.4.1 A Conceptual Outline -- 4.4.2 Adjustments by Growth Profile -- 4.4.3 Adjustments by Debt Level -- 4.4.4 Adjustments by Growth Rate and Debt Level -- 4.5 The Issues Relating to the Calculation of the Single Multiple -- 4.6 Specific Features of Stock-Market Multiples -- 4.7 Using the Multiples Approach: Final Considerations -- Appendix: The Unlevered Value Maps: An Empirical Evaluation -- References -- 5 Conclusions-Putting All Together for Valuing a Start-Up -- 5.1 Introduction -- 5.2 Start-Up Capital Structure, Expected Cash Flows, and Cost of Capital -- 5.3 Start-Up Valuation Process -- 5.4 Focusing of the Venture Capital Method -- 5.5 Conclusions -- References -- References -- Index |
| ctrlnum | (ZDB-30-PQE)EBC30718687 (ZDB-30-PAD)EBC30718687 (ZDB-89-EBL)EBL30718687 (OCoLC)1395918082 (DE-599)BVBBV050100561 |
| dewey-full | 658.15 |
| dewey-hundreds | 600 - Technology (Applied sciences) |
| dewey-ones | 658 - General management |
| dewey-raw | 658.15 |
| dewey-search | 658.15 |
| dewey-sort | 3658.15 |
| dewey-tens | 650 - Management and auxiliary services |
| discipline | Wirtschaftswissenschaften |
| edition | 1st ed |
| format | Electronic eBook |
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| id | DE-604.BV050100561 |
| illustrated | Not Illustrated |
| indexdate | 2024-12-18T07:00:34Z |
| institution | BVB |
| isbn | 9783031380891 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-035437723 |
| oclc_num | 1395918082 |
| open_access_boolean | |
| owner | DE-2070s |
| owner_facet | DE-2070s |
| physical | 1 Online-Ressource (150 Seiten) |
| psigel | ZDB-30-PQE ZDB-30-PQE HWR_PDA_PQE |
| publishDate | 2023 |
| publishDateSearch | 2023 |
| publishDateSort | 2023 |
| publisher | Palgrave Macmillan |
| record_format | marc |
| spelling | Beltrame, Federico Verfasser aut Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance 1st ed Cham Palgrave Macmillan 2023 ©2023 1 Online-Ressource (150 Seiten) txt rdacontent c rdamedia cr rdacarrier Description based on publisher supplied metadata and other sources Intro -- Introduction -- Reference -- Contents -- List of Figures -- List of Tables -- 1 Corporate Financial Analysis -- 1.1 Introduction -- 1.2 The Reclassification of the Balance Sheet -- 1.2.1 The Reorganization of the Balance Sheet According to Asset Liquidity and Liability Maturity -- 1.2.2 The Reorganization of the Balance Sheet by-Function -- 1.2.3 In-Depth Analysis of NOWC Monitoring and Management -- 1.3 The Income Statement Reorganization -- 1.3.1 The Reorganization of the Income Statement as Value-Added -- 1.3.2 The Reorganization of the Income Statement by the Contribution Margin -- 1.4 Ratio Analysis -- 1.5 Cash Flow Statement Analysis -- Appendix-A Comprehensive Financial Analysis Method -- References -- 2 The Financial and Economic Forecast -- 2.1 Introduction -- 2.2 Qualitative Analysis -- 2.3 The Traditional Economic and Financial Forecast: From Assumptions to Estimation Procedures -- 2.3.1 Assumptions -- 2.3.2 The Estimation Process to Obtain a Forecast Budget -- 2.4 A Different Method to Estimate Forecast Operating Revenues -- 2.5 Conclusions -- Appendix-Drafting a Forecast Budget: Combining New and Classic Approaches -- Step 1: Determining the Break-Even Revenues -- Economic Assumptions -- Trade Assumptions -- Investment Assumptions -- Financing Assumptions -- Step 2: Forecasting the Budget Balance ("Classic" Method) -- Reference -- 3 The Cost of Capital for Private Businesses -- 3.1 Introduction -- 3.2 Private Business Evaluation: General Points -- 3.3 The Critical Issues in Calculating the Cost of Capital for Private-Owned Companies -- 3.3.1 First Issue: "No Market Reference for Equity and Debt" -- 3.3.2 Second Issue: "Considering Specific Risks in the Evaluation Process" -- 3.4 An Alternative Model to Estimate the Cost of Capital of Private Corporations -- 3.4.1 The Model Basics 3.4.2 Estimating the Unlevered Cost of Capital Through a Risk-Neutral Approach -- 3.4.3 The Default Probabilities for the Model -- 3.4.4 The Loss Given Default (LGD) to Be Used in the Model -- 3.5 Conclusions -- Appendix 1-Steady-State and Steady-Growth Evaluations -- Appendix 2-Evaluation of an Investment Project -- References -- 4 Business Valuation Through Market Multiples -- 4.1 Introduction -- 4.2 The Key Multiples -- 4.3 The Evaluation Process -- 4.4 The Critical Issues with Comparability in the Use of Multiples -- 4.4.1 A Conceptual Outline -- 4.4.2 Adjustments by Growth Profile -- 4.4.3 Adjustments by Debt Level -- 4.4.4 Adjustments by Growth Rate and Debt Level -- 4.5 The Issues Relating to the Calculation of the Single Multiple -- 4.6 Specific Features of Stock-Market Multiples -- 4.7 Using the Multiples Approach: Final Considerations -- Appendix: The Unlevered Value Maps: An Empirical Evaluation -- References -- 5 Conclusions-Putting All Together for Valuing a Start-Up -- 5.1 Introduction -- 5.2 Start-Up Capital Structure, Expected Cash Flows, and Cost of Capital -- 5.3 Start-Up Valuation Process -- 5.4 Focusing of the Venture Capital Method -- 5.5 Conclusions -- References -- References -- Index Corporations-Finance Private companies-Finance Sclip, Alex Sonstige oth Erscheint auch als Druck-Ausgabe Beltrame, Federico Analysing, Planning and Valuing Private Firms Cham : Palgrave Macmillan,c2023 9783031380884 |
| spellingShingle | Beltrame, Federico Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance Intro -- Introduction -- Reference -- Contents -- List of Figures -- List of Tables -- 1 Corporate Financial Analysis -- 1.1 Introduction -- 1.2 The Reclassification of the Balance Sheet -- 1.2.1 The Reorganization of the Balance Sheet According to Asset Liquidity and Liability Maturity -- 1.2.2 The Reorganization of the Balance Sheet by-Function -- 1.2.3 In-Depth Analysis of NOWC Monitoring and Management -- 1.3 The Income Statement Reorganization -- 1.3.1 The Reorganization of the Income Statement as Value-Added -- 1.3.2 The Reorganization of the Income Statement by the Contribution Margin -- 1.4 Ratio Analysis -- 1.5 Cash Flow Statement Analysis -- Appendix-A Comprehensive Financial Analysis Method -- References -- 2 The Financial and Economic Forecast -- 2.1 Introduction -- 2.2 Qualitative Analysis -- 2.3 The Traditional Economic and Financial Forecast: From Assumptions to Estimation Procedures -- 2.3.1 Assumptions -- 2.3.2 The Estimation Process to Obtain a Forecast Budget -- 2.4 A Different Method to Estimate Forecast Operating Revenues -- 2.5 Conclusions -- Appendix-Drafting a Forecast Budget: Combining New and Classic Approaches -- Step 1: Determining the Break-Even Revenues -- Economic Assumptions -- Trade Assumptions -- Investment Assumptions -- Financing Assumptions -- Step 2: Forecasting the Budget Balance ("Classic" Method) -- Reference -- 3 The Cost of Capital for Private Businesses -- 3.1 Introduction -- 3.2 Private Business Evaluation: General Points -- 3.3 The Critical Issues in Calculating the Cost of Capital for Private-Owned Companies -- 3.3.1 First Issue: "No Market Reference for Equity and Debt" -- 3.3.2 Second Issue: "Considering Specific Risks in the Evaluation Process" -- 3.4 An Alternative Model to Estimate the Cost of Capital of Private Corporations -- 3.4.1 The Model Basics 3.4.2 Estimating the Unlevered Cost of Capital Through a Risk-Neutral Approach -- 3.4.3 The Default Probabilities for the Model -- 3.4.4 The Loss Given Default (LGD) to Be Used in the Model -- 3.5 Conclusions -- Appendix 1-Steady-State and Steady-Growth Evaluations -- Appendix 2-Evaluation of an Investment Project -- References -- 4 Business Valuation Through Market Multiples -- 4.1 Introduction -- 4.2 The Key Multiples -- 4.3 The Evaluation Process -- 4.4 The Critical Issues with Comparability in the Use of Multiples -- 4.4.1 A Conceptual Outline -- 4.4.2 Adjustments by Growth Profile -- 4.4.3 Adjustments by Debt Level -- 4.4.4 Adjustments by Growth Rate and Debt Level -- 4.5 The Issues Relating to the Calculation of the Single Multiple -- 4.6 Specific Features of Stock-Market Multiples -- 4.7 Using the Multiples Approach: Final Considerations -- Appendix: The Unlevered Value Maps: An Empirical Evaluation -- References -- 5 Conclusions-Putting All Together for Valuing a Start-Up -- 5.1 Introduction -- 5.2 Start-Up Capital Structure, Expected Cash Flows, and Cost of Capital -- 5.3 Start-Up Valuation Process -- 5.4 Focusing of the Venture Capital Method -- 5.5 Conclusions -- References -- References -- Index Corporations-Finance Private companies-Finance |
| title | Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance |
| title_auth | Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance |
| title_exact_search | Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance |
| title_full | Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance |
| title_fullStr | Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance |
| title_full_unstemmed | Analysing, Planning and Valuing Private Firms New Approaches to Corporate Finance |
| title_short | Analysing, Planning and Valuing Private Firms |
| title_sort | analysing planning and valuing private firms new approaches to corporate finance |
| title_sub | New Approaches to Corporate Finance |
| topic | Corporations-Finance Private companies-Finance |
| topic_facet | Corporations-Finance Private companies-Finance |
| work_keys_str_mv | AT beltramefederico analysingplanningandvaluingprivatefirmsnewapproachestocorporatefinance AT sclipalex analysingplanningandvaluingprivatefirmsnewapproachestocorporatefinance |