{"product_id":"applied-equity-analysis-stock-valuation-techniques-for-wall-street-professionals-hardcover","title":"Applied Equity Analysis: Stock Valuation Techniques for Wall Street Professionals - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eJames English\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003eApplied Equity Analysis treats stock valuation as a practical, hands-on tool rather than a vague, theoretical exercise--and covers the entire valuation process from financial statement analysis through the final investment recommendation. Its integrated approach to valuation builds viable connections between a firm's competitive situation and the ultimate behavior of its common stock. Techniques explained include EVA, newer hybrid valuation techniques, and relative multiple analysis.\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eToday's Most Comprehensive Practitioner's Guide to Modern Equity Analysis\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eProfessional equity analysts must contend with a number of strong forces, each pulling in separate but equally relentless directions. \u003ci\u003eApplied Equity Analysis \u003c\/i\u003eties these disparate elements into a seamless whole, and presents a clear, complete equity analysis picture.\u003c\/p\u003e \u003cp\u003eWritten from the working analyst's point of view, in a singularly candid style that is both thought provoking and illuminating, \u003ci\u003eApplied Equity Analysis \u003c\/i\u003ecovers: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eHow to think, speak, and develop investment recommendations in the language of Wall Street \u003c\/li\u003e\n\u003cli\u003eHow competitive forces directly impact financial results and, in the process, drive stock valuation \u003c\/li\u003e\n\u003cli\u003eHow to use valuation methodologies designed to quantify the growth and earnings assumptions inherent in speculative stock prices \u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eApplied Equity Analysis \u003c\/i\u003eemphasizes techniques that work on a day-to-day basis, rather than traditional but often impractical academic approaches. By combining a solid discussion of finance and investment theory with techniques popular among today's buy- and sell-side analysts, it presents a picture of stock investment analysis that is analytically rigorous, aggressively uncompromising, and based on earnings--the true driving force of Wall Street.\u003c\/p\u003e \u003cp\u003e\u003cb\u003e\"The equity analyst's job is to present a position, supported by financial and non-financial evidence. Data unnecessary to the argument are, in a word, unnecessary. However, the analyst must understand all the data, relevant or not. The ultimate goal of the equity analyst is the exploitation of any difference between a stock's price and its value.\" \u003c\/b\u003e\u003cbr\u003e\u003cb\u003e--From Chapter 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003ci\u003eApplied Equity Analysis \u003c\/i\u003eis about understanding \u003cb\u003eall\u003ci\u003e \u003c\/i\u003e\u003c\/b\u003ethe data. Written by former JP Morgan managing director James English--an adjunct professor of finance at the Columbia University School of Business, honored by \u003ci\u003eThe Wall Street Journal \u003c\/i\u003efor his stock analysis skills--this innovative book treats valuation as a practical tool rather than a theoretical exercise. Its integrated approach shows you how to build straight-line connections between a firm's fundamental competitive situation and its stock performance, by combining an understanding of a firm's competitive strengths and weaknesses with accurate financial statement analysis--to build a more complete model of a firm's future stock market performance\u003c\/p\u003e \u003cp\u003eCombining a solid discussion of finance and investment theory with techniques frequently used by working buy- and sell-side analysts, \u003ci\u003eApplied Equity Analysis \u003c\/i\u003ediscusses: \u003c\/p\u003e \u003cul\u003e \u003cli\u003eSpecific valuation techniques for identifying stocks that are undervalued relative to their peers \u003c\/li\u003e\n\u003cli\u003eQuantitative techniques to link a firm's projected future financial performance to its potential future valuation--based upon the current trading patterns of comparable stocks \u003c\/li\u003e\n\u003cli\u003eA hybrid valuation technique to mathematically calculate a stock's inherent growth expectations \u003c\/li\u003e\n\u003cli\u003eA proven strategy for formulating and successfully presenting an investment recommendation \u003c\/li\u003e\n\u003cli\u003eAn entire chapter on the Stern Stewart EVA\u003csup\u003eTM\u003c\/sup\u003e system as an alternative--and potentially useful--way of decoding financial statement information \u003c\/li\u003e\n\u003cli\u003eRelative and hybrid earnings-based valuation techniques that are more practical than cash-flow methods--and frequently far superior \u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eOn today's Wall Street, equity analysts must focus on a firm's ability to produce returns that exceed capital costs, and then estimate the firm's future power to maintain and increase those returns. Let \u003ci\u003eApplied Equity Analysis \u003c\/i\u003esupply you with in-depth examples and explanations of Wall Street's most important equity analysis tools--and give you a hands-on, real-world handbook for equity analysis in today's complex financial marketplace.\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eJames English \u003c\/b\u003eis currently an adjunct assistant professor of finance at Columbia University School of Business. He spent twenty years with JP Morgan serving in many positions, including managing director of JP Morgan Capital, the firm's venture capital unit. In his over quarter-century career in finance, English practiced--and become proficient in--virtually every one of the field's subspecialties: commercial banking and credit analysis, corporate treasury and foreign exchange, capital markets, mergers \u0026amp; acquisitions, venture capital, and sell-side equity analysis.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 422\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.17 x 9.3 x 6.26 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eIllustrated:\u003c\/strong\u003e Yes\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e June 04, 2001\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52477507010867,"sku":"9780071360517","price":116.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/U3NQWnk5TFNQNUtKcVFiUW1yQTRBQT09.webp?v=1759618409","url":"https:\/\/www.vysn.com\/en-ca\/products\/applied-equity-analysis-stock-valuation-techniques-for-wall-street-professionals-hardcover","provider":"VYSN","version":"1.0","type":"link"}