Fundamental Growth

Lecture Description

Fundamental Growth
- EPS versus Net Income
- Organic vs Efficiency Growth
-Operating Income Growth
-Growth with money losing companies
Terminal Value
-Why multiples don't work
- Consistency rules (Growth rate, Length of growth, Excess Returns)

Course Description

NYU's Stern Business School Professor Aswath Damodaran teaches Valuation.

Course Index

1. Introduction to Valuation
2. Approaches to Valuation
3. Valuation Riskfree Rates
4. Equity Risk Premiums
5. Equity Risk Premia and Bond Default
6. New ERP for September 2009
7. Hybrid Securities Measurings Earnings
8. Accounting Fraud
9. Working Captial
10. Fundamental Growth
11. Terminal Value
12. Other Missed Assets
13. Valuation Examples
14. Valuing Corporate Governance Lambdas
15. Valuing Companies with R&D
16. Analysis and Application of the PE Ratio
17. PE Ratios continued
18. PEG Ratios
19. Visualizing Cheap Companies
20. Option Pricing Redux
21. Valuing Equity as an Option
22. Acquisition Tests, Price v. Value
23. Closing Thoughts on Value Enhancement