Valuation and common sense, Pablo Fernández

 

Valuation and Common Sense              Chapters Downloadable at:
Table of contents, acknowledgments, glossary http://ssrn.com/abstract=2209089
1 Company valuation methods http://ssrn.com/abstract=274973
2 Cash flow is a fact. Net income is just an opinion http://ssrn.com/abstract=330540
3 Ten badly explained topics in most corporate finance books http://ssrn.com/abstract=2044576
4 Cash flow valuation methods: perpetuities, constant growth and general case http://ssrn.com/abstract=743229
5 Valuation using multiples: how do analysts reach their conclusions? http://ssrn.com/abstract=274972
6 Valuing companies by cash flow discounting: ten methods and nine theories http://ssrn.com/abstract=256987
7 Three residual income valuation methods and discounted cash flow valuation http://ssrn.com/abstract=296945
8 WACC: definition, misconceptions and errors http://ssrn.com/abstract=1620871
9 Cash flow discounting: fundamental relationships and unnecessary complications http://ssrn.com/abstract=2117765
10 How to value a seasonal company discounting cash flows http://ssrn.com/abstract=406220
11 Optimal capital structure: problems with the Harvard and Damodaran approaches http://ssrn.com/abstract=270833
12 Equity premium: historical, expected, required and implied http://ssrn.com/abstract=933070
13 The equity premium in 150 textbooks http://ssrn.com/abstract=1473225
14 Market risk premium used in 82 countries in 2012: a survey with 7,192 answers http://ssrn.com/abstract=2084213
15 Are calculated betas good for anything? http://ssrn.com/abstract=504565
16 Beta = 1 does a better job than calculated betas http://ssrn.com/abstract=1406923
17 Betas used by professors: a survey with 2,500 answers http://ssrn.com/abstract=1407464
18 On the instability of betas: the case of Spain http://ssrn.com/abstract=510146
19 Valuation of the shares after an expropriation: the case of ElectraBul http://ssrn.com/abstract=2191044
20 A solution to Valuation of the shares after an expropriation: the case of ElectraBul http://ssrn.com/abstract=2217604
21 Valuation of an expropriated company: the case of YPF and Repsol in Argentina http://ssrn.com/abstract=2176728
22 1,959 valuations of the YPF shares expropriated to Repsol http://ssrn.com/abstract=2226321
23 Internet valuations: the case of Terra-Lycos http://ssrn.com/abstract=265608
24 Valuation of Internet-related companies http://ssrn.com/abstract=265609
25 Valuation of brands and intellectual capital http://ssrn.com/abstract=270688
26 Interest rates and company valuation http://ssrn.com/abstract=2215926
27 Price to earnings ratio, value to book ratio and growth http://ssrn.com/abstract=2212373
28 Dividends and share repurchases http://ssrn.com/abstract=2215739
29 How inflation destroys value http://ssrn.com/abstract=2215796
30 Valuing real options: frequently made errors http://ssrn.com/abstract=274855
31 119 common errors in company valuations http://ssrn.com/abstract=1025424
32 Shareholder value creation: a definition http://ssrn.com/abstract=268129
33 Shareholder value creators in the S&P 500: 1991 – 2010 http://ssrn.com/abstract=1759353
34 EVA and ‘cash value added’ do NOT measure shareholder value creation http://ssrn.com/abstract=270799
35 All-shareholder return, all-period returns and total index return http://ssrn.com/abstract=2358444
36 339 questions on valuation and finance http://ssrn.com/abstract=2357432
37 CAPM: an absurd model http://ssrn.com/abstract=2505597
38 CAPM: the model and 307 comments about it http://ssrn.com/abstract=2523870
39 Value of tax shields (VTS): 3 theories with “some” common sense http://ssrn.com/abstract=2549005
40 Expected and Required returns: very different concepts http://ssrn.com/abstract=2591319
41 RF and Market Risk Premium Used for 41 Countries in 2015: A Survey http://ssrn.com/abstract=2598104
42 RF and MRP used by analysts in USA and Europe in 2015 http://ssrn.com/abstract=2684740
43 Meaning of the P&L and of the Balance Sheet: Madera Inc http://ssrn.com/abstract=2671748
44 Net Income, cash flows, reduced balance sheet and WCR http://ssrn.com/abstract=2675274
45 Meaning of Net Income and Shareholders’ Equity http://ssrn.com/abstract=2676802
46 The Market Portfolio is NOT efficient http://ssrn.com/abstract=2741083
47 Is it Ethical to Teach that Beta and CAPM Explain Something? https://ssrn.com/abstract=2980847
48 Finance and Financial Economics: A debate https://ssrn.com/abstract=2906887