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
20:06 breakdown of businesses 28:00 organic growth vs acquired growth Green original yellow derviced Preferred stock 36:30 hard to determine debt or equity, and only 2% of overall capital
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
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!
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 :)
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.
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.
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.
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
Thank you, professor, for making your knowlegde accessible to everyone.
If I go back to school for an MBA I definitely want to go to NYU.
Such great info here, thank you very much. What a time to be alive!
Amazing video! Thanks for sharing your knowledge and expertise!
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
Thank you very much professor! I am so glad about your teaching, advices and generosity to students like me.
professor, sincerely appreciate for your webcast, it really helps me
Wow, I've cited this guy at least 10 times.
Thank you so much, professor Damodaran! Very helpful webcast!
Wow this was so helpful! I feel like I got a valuable insight into how Wall Street operates
Thank you for spreading the knowledge!
Thank you! This is video is extremely helpful.
Greatest video about 10Ks on the internet!
I repeatedly listened to get grip on the subject. Thanks for excellent video.
Thank you for a great presentation.
Who the heck gave this a thumbs down? Because that says that your way of valuation is better.
20:06 breakdown of businesses
28:00 organic growth vs acquired growth
Green original yellow derviced
Preferred stock 36:30 hard to determine debt or equity, and only 2% of overall capital
Thanks for the post Aswath, I learned a lot.
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.
Thank you very much for the information Aswath ... your video is greatly helpful!!!
Thank you Professor
thank you for putting this on youtube
i adore your work..thank you
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
Thank you. Great teacher.
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!
This is gold!
HI, how do you determine the different spreads for different bond ratings ? You used 1,25 for A2, what about A and AAA ?
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 :)
Epic video bro
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!
also, do you have a blank excel template you could share?
Brilliant!
39:40, how did we get the figures in sheet, any clear pictures or files to share, please
amazing
Hi@ Aswath Damodaran. Thank you uploading this lecture. Please hide your video we cannot see the full screen. Thanks
Smart person!
Is this essentially what first year IB analysts do?
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.
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.
Very helpful
Professor, Tried but I cant download the spreadsheet?
someone to share the spreadsheet??
What apps should I be using?
does anyone have the spread sheet ?
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.
Can someone help me, I cannot download this excel sheet
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.
SPREADSHEET NOT ACCESIBLE !!!!!!!!!
Go onto website