Interested in investing? THE COMPANY VALUATION PLAYBOOK lifts the veil on how professionals go about valuing a company and its shares, bringing a technical subject to life in easy to understand steps. #1 - ASSESS - Learn how to make objective qualitative and quantitative judgements on a company’s prospects #2 - PROJECT - Develop a simple single line forecast, or full excel financial model (incl. an M&A/LBO/bank model)#3 - PRICE – Discover how to apply intrinsic and relative valuation methods#4 - PROFIT – Identify and act on opportunities, while avoiding behavioural biasesUsing this complete guide will help you develop from beginner to professional, equipping you with the practical tools to make objective well informed investment choices. For more details REVIEWS’A must-read for the aspiring investor’, Alexandra Altinger, CEO, J O Hambro’Smart, methodical and practical’, Stephen Pearson, Chief Investment Officer, Jupiter Asset Management
A great read for those interested in learning more about finance. The book simplifies valuation techniques, and gives useful examples to help illustrate how they can practically be used. Very helpful for interview prep!
While the book provides a comprehensive overview, some readers might find the explanations a bit too simplified, lacking the depth needed for a thorough understanding. The writing style is accessible, making it suitable for beginners, but it may leave more seasoned investors wanting a more nuanced exploration of the subject.
Company valuation is a complex process that involves assessing a company's worth. It encompasses various methods, including discounted cash flow (DCF), comparable company analysis (CCA), and precedent transactions. However, in "The Company Valuation Playbook," Sunnucks tends to oversimplify these methods, which might hinder readers from grasping the intricacies of real-world valuation scenarios.
Very helpful - well written with clear examples. Importantly, it goes through how to actually go about valuing a company's shares - something that is desperately missing from most investment books than tend to only focus on what makes a good company. It would be particularly helpful for anyone considering a career in finance.