Valuation: Measuring and Managing the Value of Companies, University Edition

The #1 best-selling guide to business valuation, newly updated and revised

Valuation, University Edition, Eighth Edition: Measuring and Managing the Value of Companies is filled with the expert guidance from McKinsey & Company that students and professors have come to rely on for more than 30 years. Now in its eighth edition, this volume continues to help professors and students around the world gain a deep understanding of valuation and help their companies create, manage, and maximise economic value for their shareholders.

Called “the best practitioners' guide to valuation” by The Financial Times and “one of the most influential contemporary books about the world economy” by The Economist, the newly revised eighth edition continues McKinsey's long tradition of excellence. In the book, a team of veteran McKinsey & Company professionals walk you through the foundations of valuation, advanced topics like valuing high-growth companies and digital assets, and managerial topics such as corporate portfolio strategy and acquisitions. You'll also discover:

• Questions at the end of each chapter for use in class discussions, assignments, and more, with access to a curriculum and test bank
• Best practices to apply valuation to business strategy questions and communicate with investors
• How to analyse and forecast performance, the cost of capital, and put it all together in a coherent valuation

The University Edition contains end-of-chapter review questions to help students master key concepts from the book. McKinsey & Company has been helping businesses, governments, non-profit organisations, and other institutions grow and thrive for almost 100 years. Valuation's authors draw on that storied history to bring you the most relevant, accurate, intuitive, and practical guide to valuation on the market today.