The Art of Company Valuation and Financial Statement Analysis

The Art of Company Valuation and Financial StatementAnalysis: A value investor's guide with real-life casestudies covers all quantitative and qualitative approachesneeded to evaluate the past and forecast the future performance ofa company in a practical manner.

Is a given stock over or undervalued? How can the futureprospects of a company be evaluated? How can complex valuationmethods be applied in practice? The Art of Company Valuation andFinancial Statement Analysis answers each of these questionsand conveys the principles of company valuation in an accessibleand applicable way. Valuation theory is linked to the practice ofinvesting through financial statement analysis and interpretation,analysis of business models, company valuation, stock analysis,portfolio management and value Investing.

The book's unique approach is to illustrate each valuationmethod with a case study of actual company performance. Morethan 100 real case studies are included, supplementing the soundtheoretical framework and offering potential investors amethodology that can easily be applied in practice.

Written for asset managers, investment professionals and privateinvestors who require a reliable, current and comprehensive guideto company valuation, the book aims to encourage readers to thinklike an entrepreneur, rather than a speculator, when it comes toinvesting in the stock markets. It is an approach that has led manyto long term success and consistent returns that regularlyoutperform more opportunistic approaches to investment.

Nicolas Schmidlin is the founder and CEO of ProfitlichSchmidlin AG. He studied Business Administration in Frankfurt am Main, and graduated with a first class MSc in Investment Management from Cass Business School in London. He gained further practical experience as an investment advisor for institutional clients in London and Frankfurt.