PAUL PIGNATARO is the founder and CEO of the New York School of Finance (NYSF). He has over thirteen years of experience in investment banking and private equity in business mergers, acquisitions, restructurings, asset divestitures, asset acquisitions, and debt and equity transactions covering the oil, gas, power and utility, internet and technology, real estate, defense, travel, banking, and service industries. At NYSF, Mr. Pignataro continues to participate on the training team, actively providing training at bulge bracket banks and M&A teams at corporations, and billion dollar funds. Prior to his entrepreneurial endeavors, Mr. Pignataro worked at TH Lee Putnam Ventures, a $1 billion private equity firm affiliated with buyout giant Thomas H. Lee Partners. Prior to TH Lee, Mr. Pignataro worked in the Investment Banking department of Morgan Stanley.
Written by the Founder and CEO of the prestigious New York School of Finance, this book schools you in the fundamental tools for accurately assessing the soundness of a stock investment. Built around a full-length case study of Wal-Mart, it shows you how to perform an in-depth analysis of that company's financial standing, walking you through all the steps of developing a sophisticated financial model as done by professional Wall Street analysts. You will construct a full scale financial model and valuation step-by-step as you page through the book. The New York School of Finance, founded by Mr. Pignataro, has trained thousands of business students and practitioners, and hundreds of bulge bracket banks and investment funds worldwide. Mr. Pignataro has also over 13 years of investment banking experience at some of the top firms on Wall Street. When we ran this analysis in January of 2012, we estimated the stock was undervalued. Since the first run of the analysis, the stock has increased 35 percent. Re-evaluating Wal-Mart 9 months later, we will step through the techniques utilized by Wall Street analysts to build models on and properly value business entities. Step-by-step financial modeling - taught using downloadable Wall Street models, you will construct the model step by step as you page through the book. Hot keys and explicit Excel instructions aid even the novice excel modeler. Model built complete with Income Statement, Cash Flow Statement, Balance Sheet, Balance Sheet Balancing Techniques, Depreciation Schedule (complete with accelerating depreciation and deferring taxes), working capital schedule, debt schedule, handling circular references, and automatic debt pay downs. Illustrative concepts including detailing model flows help aid in conceptual understanding. Concepts are reiterated and honed, perfect for a novice yet detailed enough for a professional. Model built direct from Wal-Mart public filings, searching through notes, performing research, and illustrating techniques to formulate projections. Includes in-depth coverage of valuation techniques commonly used by Wall Street professionals. Illustrative comparable company analyses - built the right way, direct from historical financials, calculating LTM (Last Twelve Month) data, calendarization, and properly smoothing EBITDA and Net Income. Precedent transactions analysis - detailing how to extract proper metrics from relevant proxy statements Discounted cash flow analysis - simplifying and illustrating how a DCF is utilized, how unlevered free cash flow is derived, and the meaning of weighted average cost of capital (WACC) Step-by-step we will come up with a valuation on Wal-Mart Chapter end questions, practice models, additional case studies and common interview questions (found in the companion website) help solidify the techniques honed in the book; ideal for universities or business students looking to break into the investment banking field.
發表於2025-02-02
Financial Modeling and Valuation 2025 pdf epub mobi 電子書 下載
看完瞭全書,非金融專業的醫學生簡單說一下對書的感受 第一部分,財務模型,手把手教你通過excel建模,並且有excel文件可以下載實際操作,非常貼心,適閤入門;但是中文版有很多錶格的數字都抄錯瞭,但是影響不大 第二部分,估值部分,翻譯的挺不走心的,有些概念或專業屬於翻...
評分我讀這本書的時候還是在四大工作,當時覺得整天做小項目暗無天日,暗暗下覺心跳去買方。跳去買方最大的Hard skills需求就是要學會做模型,主要是DCF, 然後是LBO。LBO就是杠杆收購,基於DCF之上。 我當時閱讀這本書的時候就是按著上麵的excel一點一點做,案例都是非常直接也一目...
評分我讀這本書的時候還是在四大工作,當時覺得整天做小項目暗無天日,暗暗下覺心跳去買方。跳去買方最大的Hard skills需求就是要學會做模型,主要是DCF, 然後是LBO。LBO就是杠杆收購,基於DCF之上。 我當時閱讀這本書的時候就是按著上麵的excel一點一點做,案例都是非常直接也一目...
評分看完瞭全書,非金融專業的醫學生簡單說一下對書的感受 第一部分,財務模型,手把手教你通過excel建模,並且有excel文件可以下載實際操作,非常貼心,適閤入門;但是中文版有很多錶格的數字都抄錯瞭,但是影響不大 第二部分,估值部分,翻譯的挺不走心的,有些概念或專業屬於翻...
評分看完瞭全書,非金融專業的醫學生簡單說一下對書的感受 第一部分,財務模型,手把手教你通過excel建模,並且有excel文件可以下載實際操作,非常貼心,適閤入門;但是中文版有很多錶格的數字都抄錯瞭,但是影響不大 第二部分,估值部分,翻譯的挺不走心的,有些概念或專業屬於翻...
圖書標籤: 金融 Finance 財務金融建模 證券 股票 私募 modelling 方法論
前半部分financial modelling 可以,後麵部分valuation完全不行
評分淺顯易懂,缺點太囉嗦
評分淺顯易懂,缺點太囉嗦
評分淺顯易懂,缺點太囉嗦
評分前半部分financial modelling 可以,後麵部分valuation完全不行
Financial Modeling and Valuation 2025 pdf epub mobi 電子書 下載