Andrew Stolz

MAY 8, 2020

This is a Valuation Master Class student essay by Lim Lee Bin from June 16, 2018. In this essay, I will discuss the characteristics of a declining company, the issues when using a discounted cash-flow model, and also a relative valuation model. Issues when using a discounted cash-flow method.

Discounted Cash Flow 52

Discounted Cash Flow Weighted Average Cost of Capital Terminal Value Net Present Value 52

Value Scope

JULY 21, 2020

In 2018, the number was about $5 billion. ESG in Equity Analysis and Credit Analysis” was published in 2018 by the PRI, the Principles of Responsible Investment arm of the UN, and the CFA Institute. It is an income approach, using discounted cash-flow analysis. Two important papers use a top-down approach. “ESG

Intangible Assets 130

Intangible Assets Beta Alpha Unlevered Beta 130

Value Scope

SEPTEMBER 24, 2020

In 2018, the number was about $5 billion. “The Sam Gafford and Derya Eryilmaz published the results of this project and study, and their outstanding work, in The Electricity Journ al, back in in 2018. It is an income approach, using discounted cash-flow analysis. In this case, the task was to study the energy e?ciency

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130