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Valuation Lecture 21: Real Options – The Option to Delay

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: The Black-Scholes Model Choice of Option Pricing Model Options in Projects/Investments/Acquisitions The Option to Delay Valuing a patent The Optimal Time to Exercise Valuing Natural Resource Companies Valuing Undeveloped Reserves The class is currently being taught

Valuation Lecture 18: Finding Comparables

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Techniques for Comparing Across Firms PE, Growth and Risk Small vs. large companies Relative Valuation Across the Entire Market Controlling for differences across companies Marketing regressions Valuation of the week: Danone The class is currently being

Valuation Lecture 17: Analyzing Multiples

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Is low (high) PE cheap (expensive)? PEG Ratio Price to Book Value Ratio EV multiples Finding a “cheap” stock Value of brand name The class is currently being taught by Prof. Aswath Damodaran at the NYU’s

Valuation Lecture 16: Relative Valuation

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Essence of relative valuation Relative valuation is pervasive Why relative valuation? Deconstructing Multiples Multiple: Price Earnings Ratio Multiple: Enterprise Value/EBITDA Multiple Multiple: price to Book value ratio The class is currently being taught by Prof. Aswath

Valuation Lecture 14: Advanced Valuation

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: Valuing cyclical and commodity companies Valuation Lessons Valuing Vs. Pricing Three views of “the gap” Option 1: Margin of Safety Option 2: Collect more information Option 3: Build what-if analyses Option 4: Confront uncertainty Strategies for

Valuation Lecture 13: DFC Valuation Tests

This video is a part of online course on Valuation by Professor Aswath Damodaran of NYU. This lecture discusses: A corporate governance discount The R&D effect The distress factor Lesson: Increasing growth is not always a value creating option Lesson: Financial leverage is a double-edged sword Dealing with decline and distress Adjusting the value of