Financial Modeling and Valuation: A Practical Guide to Investment Banking and Private Equity

Built around a full-length case study of Wal-Mart, Financial Modeling and Valuation shows you how to perform an in-depth analysis of that company's financial standing, walking you through all the steps of developing a sophisticated financial model as done by professional Wall Street analysts. Step-by-step, you will construct a full scale financial model and valuation. When we ran this analysis in January of 2012, we estimated the stock was undervalued. Since the first run of the analysis, the stock has increased thirty-five percent. Re-evaluating Wal-Mart nine months later, we will step through the techniques utilized by Wall Street analysts to build models on and properly value business entities. &#9679 Step-by-step financial modeling—taught using downloadable Wall Street models, you will construct the model step by step as you listen to the book. &#9679 Concepts are reiterated and honed, perfect for a novice yet detailed enough for a professional. &#9679 Includes in-depth coverage of valuation techniques commonly used by Wall Street professionals.