| Description |
ix, 501 pages : illustrations ; 24 cm |
| Series |
Wiley finance series |
|
Wiley finance series.
|
| Contents |
Ch. 1. An introduction to the franchise value approach -- Ch. 2. Sales-driven franchise value -- Ch. 3. Franchise margins and the sales-driven franchise value -- Ch. 4. Franchise value and the price/earnings ratio / Martin L. Leibowitz and Stanley Kogelman -- Ch. 5. Franchise valuation under Q-type competition -- Ch. 6. P/E forwards and their orbits -- Ch. 7. Franchise labor -- Ch. 8. Spread-driven dividend discount models -- Ch. 9. The levered P/E ratio -- Ch. 10. The franchise value approach to the leveraged company -- Ch. 11. Retirement planning and the asset/salary ratio / Martin L. Leibowitz, J. Benson Durham, P. Brett Hammond and Michael Heller |
| Summary |
"Investors and analysts in today's fiercely competitive global equities market are finding traditional valuation models to be unrealistically static - and woefully inadequate - for reliably valuing companies and their stock. Looking for improved flexibility and insight into the components of price/earnings growth, they are increasingly turning to the practical and innovative franchise value (FV) approach, introduced by Martin Leibowitz and Stanley Kogelman in the early 1990s. Over the subsequent ten years, this FV approach was further developed through a series of papers, four of which received the prestigious Graham and Dodd Award." |
|
"Franchise Value is the first book to provide investment practitioners with authoritative and comprehensive guidance on the use of this adaptable and insightful approach. Compiling and arranging the writings of FV pioneer Leibowitz in one accessible volume, Franchise Value features detailed information and analysis on the documented improvements FV provides."--BOOK JACKET |
| Notes |
Formerly CIP. Uk |
| Bibliography |
Includes bibliographical references and index |
| Subject |
Corporations -- Valuation.
|
|
Price-earnings ratio.
|
| LC no. |
2004040858 |
| ISBN |
0471647888 cloth |
|
