I have been researching for something meaningful for a long time on the topic of 'Valuation' and your insights have given me a good perspective - Thank you Aswath
I remember when I first watched this - I had no idea who Aswath was and was like 'who is this kid giving this lecture?' lol. I'm glad I stuck around and looked deeper.
Found a fucking gem 5 years late lol insane knowledge here for those new and even those who love refreshers or interested in other ways to view financial reports... very intelligent individual
Hhaha I'm usually very put off by terrible looking slides. Ugh dark blue background with cyan tables, ewwww. BUT, this was so structured, insightful and informative. It really challenged my inner judgmental diva hehe. I'm still on my journey of learning but it blows my mind that this was uploaded 9 years ago with only around 100K views. Prof Ashwath, you are undervalued :')
Thanks Professor for the highly instructive video. Quick question, now a days most companies give RSUs and not options, however, RSUs are like options. So should we still use the "Option value" sheet to compute value of all unvested RSUs? Thanks!
I recreated this model for 2018 and the value I got for the firm is almost half of what PG is trading currently. Am I doing something incorrectly? The FCFF numbers look super low as compared to a traditional method of calculating FCFF.
If your valuing a company, sometimes the company's fundamentals change and so the value of the firm changes along with it making the company you are trying to value appear overvalued (in this case) or undervalued or perhaps fairly valued.
could you please make another one of these. i am attempting to do a valuation of a business for practice, and i am getting confused reading the financial statement. as some of the 2012 items in the balance sheet are slightly different from the 2016 balance sheet statement. what do we do when the statements differ from previous years? thank you!
Hello Aswath, Not sure if I did something wrong, but I'm not getting anything when i click on the P&G Spreadsheet link ... would love to see it so I can I can keep up with your presentation. Thank you in advance for your generosity.
can we take lease commitment for current year (2012) from previous years 10k ? in which it has to be mentioned under lease commitment for next year tab :)
Professor, I need your help in building a valuation framework that we can apply to the startup eco-system here in the Caribbean. Ghaffar Ellis is my name, graduate of the Start-Up Jamaica Incubator/Accelerator Program 2016. I'm the founder of Apply 3D, LLC, a distributed manufacturing technology company from Jamaica. As a founder, I aim to maximize my network of advisers and mentors. My business is more than risky, I am giving birth to a new industry. Should you decide to be interested, respond to this message here and we will continue our discussion.
![James Webb: How to Read a Financial Statement [Crowell School of Business]](http://i.ytimg.com/vi/Jkse-Wafe9U/mqdefault.jpg)
I got really excited about the topic when he said "today's topic is pretty boring one".
Same here
same lmao
He makes boring stuff look awesome, we need more professors like him
I have been researching for something meaningful for a long time on the topic of 'Valuation' and your insights have given me a good perspective - Thank you Aswath
I repeatedly listened to get grip on the subject. Thanks for excellent video.
professor, sincerely appreciate for your webcast, it really helps me
I remember when I first watched this - I had no idea who Aswath was and was like 'who is this kid giving this lecture?' lol. I'm glad I stuck around and looked deeper.
If I go back to school for an MBA I definitely want to go to NYU.
Wow, I've cited this guy at least 10 times.
Thank you very much professor! I am so glad about your teaching, advices and generosity to students like me.
Amazing video! Thanks for sharing your knowledge and expertise!
Such great info here, thank you very much. What a time to be alive!
Greatest video about 10Ks on the internet!
Who the heck gave this a thumbs down? Because that says that your way of valuation is better.
Found a fucking gem 5 years late lol insane knowledge here for those new and even those who love refreshers or interested in other ways to view financial reports... very intelligent individual
Wow this was so helpful! I feel like I got a valuable insight into how Wall Street operates
Thank you so much, professor Damodaran! Very helpful webcast!
thank you for putting this on youtube
Hhaha I'm usually very put off by terrible looking slides. Ugh dark blue background with cyan tables, ewwww. BUT, this was so structured, insightful and informative. It really challenged my inner judgmental diva hehe. I'm still on my journey of learning but it blows my mind that this was uploaded 9 years ago with only around 100K views. Prof Ashwath, you are undervalued :')
This is gold!
Thank you! This is video is extremely helpful.
Thank you for spreading the knowledge!
Thank you Professor
Thank you very much for the information Aswath ... your video is greatly helpful!!!
Thanks for the post Aswath, I learned a lot.
Is he still lecturing ? I want to take his note
Thank you for a great presentation.
Hi@ Aswath Damodaran. Thank you uploading this lecture. Please hide your video we cannot see the full screen. Thanks
amazing
Thank you. Great teacher.
i adore your work..thank you
Is this essentially what first year IB analysts do?
Thanks Professor for the highly instructive video. Quick question, now a days most companies give RSUs and not options, however, RSUs are like options. So should we still use the "Option value" sheet to compute value of all unvested RSUs? Thanks!
Professor, Tried but I cant download the spreadsheet?
Were you able to download it ?
Have you ever felt printing out 10k's make it easier to read?
I actually agree. Sometimes it's better to hold a hard copy in your hand. You can make all the notes you want and probably retain the text better.
Epic video bro
also, do you have a blank excel template you could share?
I recreated this model for 2018 and the value I got for the firm is almost half of what PG is trading currently. Am I doing something incorrectly? The FCFF numbers look super low as compared to a traditional method of calculating FCFF.
If your valuing a company, sometimes the company's fundamentals change and so the value of the firm changes along with it making the company you are trying to value appear overvalued (in this case) or undervalued or perhaps fairly valued.
could you please make another one of these. i am attempting to do a valuation of a business for practice, and i am getting confused reading the financial statement. as some of the 2012 items in the balance sheet are slightly different from the 2016 balance sheet statement. what do we do when the statements differ from previous years? thank you!
Hello Aswath, Not sure if I did something wrong, but I'm not getting anything when i click on the P&G Spreadsheet link ... would love to see it so I can I can keep up with your presentation. Thank you in advance for your generosity.
Smart person!
Brilliant!
someone to share the spreadsheet??
Very helpful
Very good. Please someone help me understand how we don't need capital expenditure to compute for re-investment?
39:40, how did we get the figures in sheet, any clear pictures or files to share, please
What apps should I be using?
Can someone help me, I cannot download this excel sheet
can we take lease commitment for current year (2012) from previous years 10k ?
in which it has to be mentioned under lease commitment for next year tab :)
does anyone have the spread sheet ?
HI, how do you determine the different spreads for different bond ratings ? You used 1,25 for A2, what about A and AAA ?
Sir, can u make a spreadsheet for indian companies annual report. This is humble request
He had TCS or Tata Motors Valued you can probably find em on his website.
Tyty Dam
5:18
Professor, I need your help in building a valuation framework that we can apply to the startup eco-system here in the Caribbean. Ghaffar Ellis is my name, graduate of the Start-Up Jamaica Incubator/Accelerator Program 2016. I'm the founder of Apply 3D, LLC, a distributed manufacturing technology company from Jamaica. As a founder, I aim to maximize my network of advisers and mentors. My business is more than risky, I am giving birth to a new industry. Should you decide to be interested, respond to this message here and we will continue our discussion.
You want to know why being rich is a choice? look at us who watched this video vs who watch where was the last concert of Chris Brown.
SPREADSHEET NOT ACCESIBLE !!!!!!!!!
Go onto website