Damodaran on Valuation by Aswath Damodaran

Author:Aswath Damodaran
Language: eng
Format: epub
Publisher: Wiley
Published: 2011-08-29T04:00:00+00:00

We can value Segovia Entertainment in three steps:

1. Value the equity in the operating assets of Segovia, without counting any of the holdings. To do this, we first have to cleanse the operating income of the consolidation.

2. Value the 51% of equity in Seville Enterprises:

3. Value of the 15% stake in LatinWorks:

To provide a contrast, consider what would have happened if we had used the consolidated income statement and Segovia’s cost of capital to do this valuation. We would have valued Segovia and Seville together.

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.